British American Tobacco

Globe house

Creating a better tomorrow

Globe House

Half-year Report to 30 June 2020

‘Multi-category strategy delivers growth in difficult times’. Our Half-year Report 2020 is now available.

Strategy Summary

An evolved strategy with a clear purpose

Read this guide to find out more about our evolved strategy and how we aim to build A Better Tomorrow.

Mixing desk

Management Board Unplugged podcast

NEW EPISODE: Our podcast series sees our graduates in conversation with our senior leaders, who offer advice and insights into our business.

Jack Bowles

‘We will deliver A Better Tomorrow for all our stakeholders’

Jack Bowles, Chief Executive

Watch the video

Jack Bowles, Chief Executive – introducing our new purpose, A Better Tomorrow

In this video recorded for BAT’s Capital Markets Day on 18 March, 2020, Chief Executive Jack Bowles highlights our progress to date in our priority areas and announces our new corporate purpose – to build A Better Tomorrow by reducing the health impact of our business through offering a greater choice of enjoyable and less risky products for our consumers.

Jack also introduces our new commitments to increase the number of consumers of our non-combustible products to 50 million by 2030 and achieving carbon neutrality by 2030 (based on Scope 1 and 2 CO2e emissions).

Read this guide  to find out more about our evolved strategy and how we aim to build A Better Tomorrow.



Annual Report 2019

Annual Report 2019

Download our 2019 Annual Report to learn about our purpose: A Better Tomorrow.

Sustainability report

Sustainability reports

Find out how sustainability is front and centre of all that we do in our latest reports.

Modern slavery act

Human rights

Read about our approach to human rights in our Modern Slavery Statement.

Latest press releases

Latest news and features

Kingsley Wheaton

HY 2020: A Better Tomorrow in focus on Sky News

Our purpose to deliver A Better Tomorrow was front and centre on Sky News as our Chief Marketing Officer discussed BAT’s half-year results.

Watch video 04 August 2020
Our purpose to deliver A Better Tomorrow was front and centre on Sky News as our Chief Marketing Officer appeared on its flagship business show to discuss BAT’s half-year results.

Kingsley Wheaton was interviewed on the Ian King Live show on Friday morning, shortly after our results were released. Kingsley highlighted our strong H1 performance, amid difficult circumstances, as we delivered growth in adjusted revenue, profit from operations and earnings, at constant rates. He drew particular attention to the fact that, over the last year, around 3 million consumers had moved to our new category products and how 10% of our revenues now come from non-combustibles. He highlighted also our tobacco heating product progress in Japan and the “bellwether city” of Moscow in Russia and our “excellent” vapour performance in North America and in key European markets. This came, Kingsley said, as we adapted our marketing model to deal with the COVID-19 pandemic.

Kingsley also provided an update on our potential COVID-19 vaccine, about which we are engaging with the U.S Food & Drug Administration. He mentioned too how a flu vaccine we had been working pre-COVID has moved to the clinical trial stage.

“This is another example of our A Better Tomorrow strategy”, Kingsley said: “Trying to reduce the health impact of our business and to provide A Better Tomorrow for society, shareholders, consumers and our employees.”

You can watch the interview above. Click the link to read our Half-year Report for the six months to 30 June 2020.

max
xlarge
large
medium
small
mobile