British American Tobacco PLC (CHIX:BATSl)

£ 29.53 -0.44 (-1.47%) Market Cap: 64.95 Bil Enterprise Value: 98.48 Bil PE Ratio: 0 PB Ratio: 1.21 GF Score: 71/100

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Q1 2020 British American Tobacco PLC Trading Statement Call Transcript

Jun 09, 2020 / 08:00AM GMT

Release Date Price: £30.25 (-3.06%)

Transcript

Operator

Hello, and welcome to the BAT 2020 First Half Pre-Close Trading Update Conference Call. (Operator Instructions) Please note, this call is being recorded.

I will now hand over to Mike Nightingale, Head of Investor Relations. Thank you.

Mike Nightingale

British American Tobacco p.l.c. - Head of IR

Thank you, and good morning, everyone. Welcome to our 2020 first half pre-closing conference call. With me this morning is Tadeu Marroco, our Finance Director. I hope you're all well, and I'd like to take this opportunity to thank you for joining us this morning.

Before we begin, I need to draw your attention to the cautionary statement regarding forward-looking statements contained in the trading update. And as a quick reminder, in addition to this call, Jack Bowles, our Chief Executive, and Tadeu will host a fireside chat at the Deutsche Bank conference at mid day today, U.K. time, which will be available on bat.com as a webcast. There are no presentation materials for either event.

I will now hand over to Tadeu, who will say a few short

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