{"id":116795,"date":"2026-09-03T14:53:02","date_gmt":"2026-09-03T14:53:02","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/116795\/"},"modified":"2026-09-03T14:53:02","modified_gmt":"2026-09-03T14:53:02","slug":"can-cigarette-maker-bats-aim-to-be-a-mainly-smokeless-business-pay-off-4","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/116795\/","title":{"rendered":"Can cigarette maker BAT\u2019s aim to be a mainly \u2018smokeless\u2019 business pay off?"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/669751853d8bd94d39c83aa5c3d599a2539ddcb7672a6d5a15cd257ed0777e74\/lightyear_networkapi\/resizefit_w960%3Bquality_80%3Bformat_webp\/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fthe_independent_uk_finance_804%2Fd093abcab44d74bd2ef8d1ec32045302\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"British American Tobacco is aiming to be a 'predominately smokeless' business by 2035 (British American Tobacco\/PA) (British American Tobacco)\" height=\"640\" width=\"960\" class=\"yf-1f8hkhu loader\"\/><\/a> British American Tobacco is aiming to be a \u2018predominately smokeless\u2019 business by 2035 (British American Tobacco\/PA) (British American Tobacco)           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The aim of the world&#8217;s biggest tobacco firms of being a &#8220;smokeless&#8221; business amid tougher rules and changing opinions to smoking is in &#8220;sharp focus&#8221;, experts say.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The issues facing the industry will come to the fore when <a href=\"https:\/\/www.independent.co.uk\/topic\/british-american-tobacco\" data-ylk=\"slk:British%20American%20Tobacco;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;British American Tobacco&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">British American Tobacco<\/a> (BAT), which is listed on London&#8217;s FTSE 100 index, publishes its first half trading update on Tuesday.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/www.independent.co.uk\/topic\/bat\" data-ylk=\"slk:BAT;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;BAT&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">BAT<\/a> has for a number of years been shifting its focus away from cigarettes and towards newer products like vapes and nicotine pouches to meet the changing market.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This has prompted the company to say it is aiming to be a &#8220;predominately smokeless&#8221; business by 2035.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Despite this, smokeless products made up about 18% of the group&#8217;s total revenues last year, with the rest coming primarily from cigarette brands including Lucky Strike, <a href=\"https:\/\/www.independent.co.uk\/topic\/pall-mall\" data-ylk=\"slk:Pall%20Mall;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Pall Mall&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Pall Mall<\/a> and Dunhill.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Sales from its cigarettes business totalled \u00a320.2 billion for the year, while it made \u00a33.6 billion from so-called new category products, which includes vape brand Vuse and nicotine pouch Velo.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">BAT nonetheless says it is getting millions more customers each year for its smokeless brands.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The company said at the start of the year that it was expecting total revenues to rise between 3% and 5% in 2026, and new category products seeing double-digit growth, with investors keeping watch of any updates to the guidance on Tuesday, which comes ahead of half-year results on July 30.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Richard Hunter, head of markets for Interactive Investor, said: &#8220;BAT is continuing to position itself to reflect the changing landscape of smokeless products, while navigating an ever-growing number of hurdles.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;The pressure on traditional tobacco products has been in evidence for some considerable time, driven both by changing lifestyle habits as well as increasing regulation.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;There have been several instances of governments toughening their stance on tobacco sales, especially to youngsters, which adds to the burden of regulatory censure which has plagued the sector over recent years.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;In addition, and quite apart from this general decline in traditional tobacco products sales as health issues come to the fore, there is a reluctance among some investors to invest in the sector at all on ethical grounds.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Mr Hunter said the issues are in &#8220;sharp focus&#8221; for investors who will be looking for more progress on the group&#8217;s transition.  <\/p>\n","protected":false},"excerpt":{"rendered":"British American Tobacco is aiming to be a \u2018predominately smokeless\u2019 business by 2035 (British American Tobacco\/PA) (British American&hellip;\n","protected":false},"author":2,"featured_media":116796,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20745],"tags":[20030,33350,6224,35173,35126,21677,19970,4372,26765],"class_list":["post-116795","post","type-post","status-publish","format-standard","has-post-thumbnail","category-british-american-tobacco","tag-british-american-tobacco","tag-dunhill","tag-ftse","tag-half","tag-hunter","tag-lucky-strike","tag-richard-hunter","tag-tuesday","tag-vuse"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117207682452072441","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/116795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=116795"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/116795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/116796"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=116795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=116795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=116795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}