British American Tobacco: Quarterly Report to 31 March 2008
07 Maio 2008 - 4:17AM
PR Newswire (US)
LONDON, May 7 /PRNewswire-FirstCall/ -- - Summary Three Month 2008
2007 Change Results Revenue GBP 2,541m GBP 2,232m +14% Profit from
operations GBP 807m GBP 684m +18% Adjusted diluted earnings per
share 28.44p 24.31p +17% - The reported profit from operations was
18 per cent higher at GBP807 million with a similar increase if
exceptional items are excluded. All regions contributed to this
strong result. Profit from operations, excluding exceptional items,
would have been 10 per cent higher at comparable rates of exchange.
- The reported Group revenue increased by 14 per cent to GBP2,541
million as a result of favourable exchange, improved pricing and a
better product mix. Revenue would have increased by 6 per cent at
comparable rates of exchange. - Group volumes from subsidiaries
were 158 billion, an increase of 1 per cent, mainly as a result of
the good performances by the four Global Drive Brands, which
achieved overall volume growth of 23 per cent with around one third
of the rise coming from brand migrations. - Adjusted diluted
earnings per share rose by 17 per cent, principally as a result of
the strong growth in profit from operations and favourable exchange
movements. Basic earnings per share were higher at 29.92p (2007:
24.24p). - The Chairman, Jan du Plessis, commented: "The year has
clearly got off to a great start, with profit growth in all our
regions. While the normal caveats about not reading too much into
any particular quarter still apply, the Group's unrivalled spread
of business between developed and developing markets should
continue to serve shareholders well." British American Tobacco
p.l.c. Globe House 4 Temple Place London WC2R 2PG Registered in
England and Wales no. 3407696 DATASOURCE: British American Tobacco
Plc CONTACT: Enquiries: Investor Relations: Ralph Edmondson,
+44(0)20-7845-1180, Sharon Woodcock, +44(0)20-7845-1519; Press
Office: David Betteridge/ Kate Matrunola/ Catherine Armstrong,
+44(0)20-7845-2888.
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