Summary by Moomoo AI
British American Tobacco p.l.c. (BAT) filed a Form 6-K on December 11, 2024, reporting that it is on track to deliver its full-year guidance. The company's 2024 investments are driving positive momentum towards long-term sustainable growth.The report includes press releases on the company's financial performance and a transaction in own shares. BAT's Chief Executive, Tadeu Marroco, highlighted improved performance in combustibles, particularly in the U.S. market during the second half of the year. The company also reported strong growth in its New Category products, including glo and Velo.BAT reaffirmed its commitment to returning to mid-term guidance of 3-5% revenue and mid-single digit adjusted profit from operations growth on an organic constant currency basis by 2026. The company continues to demonstrate strong cash generation, supporting its growth strategies and shareholder returns.