27-07-2017 15:15 via yahoo.com

British American Tobacco wins Brexit sales boost

British American Tobacco, fresh from its takeover of US peer Reynolds, reported on Thursday sliding first-half net profits, but sales jumped on the back of the Brexit-hit pound.Profit after tax slid 15 percent to £2.3 billion ($3.0 billion, 2.6 billion euros) in the six months to June 30 from a year earlier, the maker of Lucky Strike cigarettes said in a results statement.BAT, whose cigarette brands include also Dunhill and Kent, added that sales leapt 15.7 percent to £7.71 billion i
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