Business
Annual Financial Report
British American Tobacco PLC has published its Annual Report for the year ended 31 December 2025, along with its Form 20-F, which includes audited financial statements. The company has also released a Combined Performance and Sustainability Summary. These documents are available on the company's website and have been submitted to the National Storage Mechanism. The report details principal risks facing the group, including competition from illicit trade, geopolitical tensions, regulatory changes, supply chain disruptions, litigation, tax increases, challenges in developing new categories, climate change, and digital and cyber risks. The Directors have assessed the group's long-term viability over a three-year period, concluding that it is reasonably expected to continue operating and meet its liabilities. Disclaimer*
About this update from British American Tobacco P.l.c.
[{"type":"text","content":"\n\nBRITISH AMERICAN TOBACCO p.l.c. (the \"Company\")\n \nAnnual Report for the Year Ended 31 December 2025\n \nIn compliance with UK Listing Rule 6.4.1 and Disclosure Guidance and Transparency Rule (\"DTR\") 4.1.3, the Company announces that the following documents have been published on its website: www.bat.com/annualreport:\n \n· Combined Annual and Sustainability Report 2025 (the Annual Report);\n· Annual Report on Form 20-F 2025 (the Form 20-F); and\n· Combined Performance and Sustainability Summary 2025.\n \nThese documents have been submitted to the National Storage Mechanism and will shortly be available for inspection via the following link:\n \nhttps://data.fca.org.uk/#/nsm/nationalstoragemechanism.\n \nIn addition, in accordance with Section 203.01 of the New York Stock Exchange Listed Company Manual, the Company announces that it filed its Form 20-F with the U.S. Securities and Exchange Commission on 13 February 2026. The Form 20-F included audited financial statements for the year ended 31 December 2025. The Form 20-F will shortly be available on the Company's website at www.bat.com/annualreport and also online at www.sec.gov.\n \nThe Annual Report and other ancillary shareholder documents will be mailed and made available to shareholders on 10 March 2026. Investors have the option to receive a hard copy of the Company's complete audited financial statements, free of charge, upon request, by contacting the below:\n \n\n\n\n\nUnited Kingdom\n\n\n\n\nBritish American Tobacco Publications\n\n\nTelephone: +44 20 7511 7797\nEmail: [email protected]\n\n\n\n\nSouth Africa\n\n\n\n\nThe Company's Representative Office\n\n\nTelephone: +27 21 003 6712\n\n\n\n\nUnited States\n\n\n\n\nCitibank Shareholder Services\n\n\nTelephone: +1 888 985 2055 (toll-free)\nEmail: [email protected]\n\n\n\n\n \nThis announcement should be read in conjunction with the Company's Final Results announcement which was released to the market on 12 February 2026. Together these constitute the material required by DTR 6.3.5R to be communicated to the media in unedited full text through a Regulatory Information Service. This material is not a substitute for reading the full Annual Report. Page numbers and cross-references in the extracted information below ...