Browsing Tag
British American Tobacco
5 posts
Coty profit fell 27% and net debt is $2.9bn. Why is its new CFO arriving now?
Former British American Tobacco CFO Soraya Benchikh has joined Coty as finance chief, inheriting $2.9 billion of net debt, a 27% decline in adjusted operating income, a Consumer Beauty strategic review and a portfolio simplification programme designed to restore growth and margins.
Philip Morris (NYSE: PM) wins first-ever FDA MRTP order for Zyn nicotine pouches
FDA grants Philip Morris (PM) first-ever MRTP orders for 20 Zyn variants, authorizing reduced-risk marketing vs cigarettes. Category shift starts here.
British American Tobacco wants ÂŁ600m in savings, so why are 9,000 roles changing?
British American Tobacco is eliminating 5,500 positions and transferring another 3,500 roles to technology and business-services partners as artificial intelligence, outsourcing and factory consolidation reshape nearly one-fifth of its global workforce.
How Organigram Global hopes new CEO James Yamanaka will accelerate brand and export strategy
Organigram Global names ex-BAT strategist James Yamanaka CEO, marking a strategic shift toward global growth. Find out what it means for investors today.
British American Tobacco reports FY 2024 results amid transformation to a smokeless future
British American Tobacco p.l.c. (BAT) has released its financial results for the year ended December 31, 2024, reflecting…