British American Tobacco Reaffirms Mid-Term Growth Targets Amid APMEA Headwinds

BTI maintains its long-term EPS and revenue growth targets while signaling performance at the lower end of current guidance. The company expects a second-half profit skew and faces currency headwinds.

• Targets 5-8% adjusted EPS growth mid-term
• Targets 3-5% revenue growth mid-term
• Expects performance at lower end of guided ranges this year
• APMEA region stabilization remains a priority
• Projected 2-3% translational FX headwind on EPS