British American Tobacco H1 FY26 operating profit falls 15.8% to £4.27 billion; revenue rises 1.4% to £12.24 billion

• British American Tobacco posted H1 revenue of £12.24 billion, up 1.4%, while profit from operations fell 15.8% to £4.27 billion.
• Reported diluted EPS dropped 28.6% to 145.3p, partly due to a prior-year credit linked to the Canadian settlement provision.
• New Categories revenue rose 16.8% to £1.93 billion; New Categories contribution climbed 54.7% to £257 million.
• Smokeless products reached 19.8% of group revenue, up 1.6 percentage points versus FY25; consumers of smokeless products rose to 35 million.
• BAT reaffirmed FY26 guidance, now expecting adjusted diluted EPS growth towards the middle of its 5%-8% range; £1.3 billion buyback remains on track.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. British American Tobacco plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524373), on July 30, 2026, and is solely responsible for the information contained therein.