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About British American Tobacco plc

British American Tobacco p.l.c. is a holding company. The Company is a multi-category consumer goods company that provides tobacco and nicotine products. It invests in building a portfolio of tobacco and nicotine products alongside its traditional tobacco business including vapour products, tobacco heating products (THPs) and modern oral products. It manages a globally-integrated supply chain, and its products are distributed to retail outlets across the world. The Company’s segments include United States of America, Americas and Sub-Saharan Africa, Europe and North Africa, and Asia-Pacific and Middle East. The Company’s products as sold in the United States, including Vuse, Velo, Grizzly, Kodiak, and Camel Snus. Its vapour products are a hand-held battery powered electronic devices. Its THP products are hand-held devices which heat tobacco. Its modern oral products are available both with and without tobacco.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, British American Tobacco plc revenues decreased less than 1% to £25.68B. Net income before extraordinary items increased 6% to £6.64B. Revenues reflect United States segment increase of 2% to £11.69B, Americas and Sub-Saharan Africa Region segment increase of 1% to £3.8B, Europe and North Africa Region segment increase of less than 1% to £6B, United Kingdom segment increase of 11% to £209M.

Equity composition

British American Tobacco plc was incorporated into B.A.T Industries and became the parent company on 23 July 1997. B.A.T. Industries changed its name to British American Tobacco in 1999. 2000 statements have been restated due to changes in tax accounting. 1997 statements restated due to demergers of Financial & Life Insurance businesses.