British American Tobacco recruited 1.4 million new users of e-cigarettes, heat-not-burn tobacco and nicotine pouches in the first quarter with the aim of monetizing tobacco alternatives by 2025.
Shares of a London-based tobacco company rose more than 2% in early stock market transactions after reporting strong performance in both tobacco and its flagship vapor brand, Vype, and other “non-combustible” products. did.
BAT has set a goal of increasing the number of users of non-cigarette products to 50 million by 2025. It aims to build credibility as a modern tobacco company that encourages nicotine users to make so-called “reduce risk” choices.
The company said the growth of cigarette alternatives is accelerating. But for BAT to reach its goals, sales need to keep pace.
German factory production decreased.Eurozone recession is shallower than feared – Business Live | Business
Source link German factory production decreased.Eurozone recession is shallower than feared – Business Live | Business