British American Tobacco CEO and FD Interviewed on Half-Year Results 2011

LONDON, July 27, 2011 -

The tobacco manufacturer British American Tobacco has posted results that has seen adjusted operating profit up 12% for the half year.

In an interview with www.cantos.com, Chief Executive Nicandro Durante said that there had been some very  good performances in several markets around the world and that the company was taking market share, especially in the premium end of the market.

Finance Director Ben Stevens cautioned against drawing too many conclusions from the strong performance pointing out that marketing spend was weighted toward the second half but nevertheless conceded that the company was confident of exceeding its margin target by year end.

The company added it was still on the lookout for further bolt-on acquisitions that fitted its acquisition criteria. 

You can watch the interviews for free at  www.cantos.com/company/British%20American%20Tobacco.

Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email prnsupport@cantos.com or phone +44-207-936-1372.

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