BAT stock after-hours at EUR 48.33: minus 2.07 percent

British American Tobacco's after-hours euro price was EUR 48.33 at 8:33 p.m. CEST on September 29, according to Lang & Schwarz. The price was down EUR 1.02, or 2.07 percent, versus the prior close of EUR 49.35 at Lang & Schwarz.

Trading day in Germany

The after-hours price was recorded after the Xetra session had ended. The quote's reference base was the Lang & Schwarz prior close of EUR 49.35.

BAT sets out Horizon 2030 ambitions

British American Tobacco held a capital markets day for institutional investors and analysts in Winston-Salem, North Carolina, on September 29. Chief Executive Tadeu Marroco and members of management outlined the company's Horizon 2030 ambitions, according to British American Tobacco.

BAT said it expects New Category revenue to grow at a mid-teens rate through 2030 and expects New Category contribution margin to reach at least 30% by 2030. The company said the targets reflect its focus on premiumization, improved product mix, increased scale and more targeted resource allocation, according to British American Tobacco.

For fiscal 2026, BAT said it remains on track to deliver toward the lower end of its 3% to 5% revenue-growth range and its 4% to 6% adjusted profit-from-operations growth range, both at constant rates. It expects adjusted diluted earnings-per-share growth toward the middle of its 5% to 8% range. BAT also expects to be within its 2.0x to 2.5x target leverage range by year-end and cited a projected 2% to 2.5% foreign-exchange headwind to fiscal 2026 adjusted diluted EPS growth based on current spot rates, according to British American Tobacco.