Smokers turn to e-cigarettes and vapes to heat up prospects at BAT - News Summed Up

Smokers turn to e-cigarettes and vapes to heat up prospects at BAT


British American Tobacco said that it had attracted about 1.4 million new ­customers to its supposedly less harmful productsThe owner of Lucky Strike and Camel has raised its annual growth forecasts after more smokers turned to vapes and electronic cigarettes. British American Tobacco said yesterday that it had attracted about 1.4 million new customers to its supposedly less harmful products, with about 14.9 million consumers using “new category” nicotine devices. SponsoredThe world’s second largest tobacco maker said that its lower-risk products were sold in 53 countries. Growth in the segment continued to accelerate, it said, adding that it had won market share from rivals. Previously it had forecast growth of between 3 per cent and 5 per cent.


Source: The Times June 08, 2021 22:52 UTC



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