Added to YB: 2025-08-01
Pitch date: 2025-07-31
BTI [bullish]
British American Tobacco p.l.c.
+5.78%
current return
Author Info
No bio for this author
Company Info
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the Americas, Europe, the Asia-Pacific, the Middle East, Africa, and the United States.
Market Cap
GBP 89.8B
Pitch Price
GBP 40.06
Price Target
N/A
Dividend
5.82%
EV/EBITDA
8.56
P/E
29.98
EV/Sales
4.71
Sector
Tobacco
Category
growth
Bullish on BTI: How Velo Pouches Are Igniting British American Tobacco’s Growth
BTI: Trading at 15-16x P/E vs Philip Morris ~20x. Upgraded 2025 revenue growth to 1-2%. Velo nicotine pouches growing 47% to £800M revenue (3% of total), volumes +55%. Velo Plus captured 5.4% US Modern Oral share in 12 weeks. New Categories profitable at 7% margin. Could add £500M+ revenue by FY26 with 25% EBITDA margin.
Read full article (2 min)