British American Tobacco Posts 7.5% Rise In Profit

Symbols: BTI
Tags: Earnings
Posted in: Earnings, News
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British American Tobacco PLC (AMEX: BTI) posted a 7.5% increase in its profit for the year ended 2011.

British American Tobacco's net profit for the period climbed to 3.1 billion pounds ($4.86 billion), from 2.88 billion, in the year-earlier period. Its revenue gained 3% to 15.4 billion pounds, and climbed 7% on an organic basis.

British American Tobacco shares dropped 1.79% to $96.93 in pre-market trading.


 
 
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