British American Tobacco takes US$1.2 bln hit from Russian exit

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British American Tobacco takes US$1.2 bln hit from Russian exit

Levin

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27-07-2022, 03:39 PM

July 27 (Reuters) - British American Tobacco (BATS.L) said on Wednesday it took a 957 million pound (US $1.15 billion) impairment charge related to the transfer of its Russian business, pushing half-year earnings of the Lucky Strike cigarette maker 25% lower.

https://www.reuters.com/world/uk/tobacco...022-07-27/

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British American Tobacco takes US$1.2 bln hit from Russian exit - by Levin - 27-07-2022, 03:39 PM

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