(Reuters) – British American Tobacco on Tuesday raised its annual revenue growth forecast to more than 5% at constant currency as the cigarette maker’s focus on newer products like e-cigarettes and tobacco-heating devices pays off.
The maker of Lucky Strike and Newport cigarettes said its “new category” products had gained shares in all key markets, including the United States where menthol cigarettes and flavoured cigars are facing a possible ban.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Subhranshu Sahu)