Source: Richard Craver, WINSTON-SALEM JOURNAL, 7/31/20


British American Tobacco Plc reported Friday it met the lower end of its first-half fiscal 2020 revenue growth projections at 0.8% and $16.14 billion. The parent company of Reynolds American Inc. issued a COVID-19 earnings warning June 9 in which it lowered revenue growth from 3% to 5% initially to 1% to 3%. BAT projected the coronavirus’ main impact would be on several of its global markets, but not materially in the United States.

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