Busi­ness is per­form­ing well

The Star Early Edition - - COMPANIES - – Sandile Mchunu

TO­BACCO giant Bri­tish Amer­i­can To­bacco (BAT) re­leased a trad­ing up­date for the six months of the year in­form­ing the mar­ket that the busi­ness con­tin­ues to per­form very well and in line with ex­pec­ta­tions. The group said the growth is fu­elled by an in­creas­ing mar­ket share driven by global drive brands. In March the group also an­nounced that it had in­vested more than $1 bil­lion (R12.78bn) in its next gen­er­a­tion prod­ucts. The group said trad­ing in its key mar­kets con­tin­ues to re­flect the trends dis­cussed at the pre­lim­i­nary re­sults in Fe­bru­ary.

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