British American Tobacco PLC (JSE:BTI)

R 668.94 0.36 (0.05%) Market Cap: 1.48 Til Enterprise Value: 2.26 Til PE Ratio: 0 PB Ratio: 1.19 GF Score: 63/100

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Full Year 2019 British American Tobacco PLC Trading Statement Call Transcript

Nov 27, 2019 / 08:30AM GMT

Release Date Price: R582.36 (+2.69%)

Transcript

Operator

Hello, and welcome to the BAT 2019 Second Half Pre-Close Conference Call. (Operator Instructions) Please note this call is being recorded. I will now hand over to Mike Nightingale, Head of Investor Relations. Please begin.

Mike Nightingale;Tadeu Luiz Marroco

British American Tobacco p.l.c. - Head of IR;British American Tobacco p.l.c. - Finance Director, Member of

Good morning, everyone. Mike Nightingale here, Head of Investor Relations. And with me this morning is Tadeu Marroco, our Finance Director. Welcome to our first pre-close conference call. This is the first time we've held a conference call for our pre-close trading update, and we do hope that you'll find it useful.

Just before we begin, I'd like to draw your attention to the cautionary statement regarding forward-looking statements contained in the trading update. But I'll now hand over to Tadeu who has a few short words on current trading before we open it up to questions. Unless otherwise stated, our comments will focus on constant currency adjusted measures.

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