Javed Iqbal
Interim CFO
Replay available
British American Tobacco p.l.c. (BATS) Q4 2025 Earnings Call
British American Tobacco p.l.c. (LSE: BATS) Q4 2025 earnings conference call, held 2026-02-12. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Victoria Buxton
Group Head of Investor Relations
Andre Ionita
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Fahad Baik
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Simon Hales
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Richard Dalton
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Bastian Agul
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Damian McNeill
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Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for British American Tobacco P.l.c..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:06.241 Hi, everyone. I'm delighted to welcome you to our full year 2025 results presentation. 00:00:06.241 -- 00:00:11.390 With me this morning, Javed Iqbal, Interim CFO, and Victoria Buxton, Group 00:00:11.390 -- 00:00:14.074 Head of Investor Relations. 00:00:14.074 -- 00:00:17.860 I will begin with our transformation highlights. 00:00:17.860 -- 00:00:22.643 Javed will then take you through our financial results in more detail. 00:00:22.643 -- 00:00:27.870 Finally, I will return to talk more about our performance outlook and why we 00:00:27.870 -- 00:00:34.339 are confident in the pathway ahead given the clear momentum we are driving. 00:00:34.339 -- 00:00:37.102 We will then take your questions. 00:00:37.102 -- 00:00:43.889 With that, I would like to draw your attention to the disclaimers on slides two 00:00:44.072 -- 00:00:46.212 and three. 00:00:47.016 -- 00:00:52.580 So let's begin by looking at the positive transformation momentum we are driving. 00:00:52.580 -- 00:00:55.845 starting with some key highlights 00:00:55.845 -- 00:01:00.872 we added 4.7 million smokeless consumers bringing our total 00:01:00.872 -- 00:01:06.460 to 34.1 million mainly driven by our continued strong performance 00:01:06.460 -- 00:01:11.687 in modern oral this marks our strongest growth acceleration to 00:01:11.687 -- 00:01:16.652 date and position as well for 2026. we 00:01:16.694 -- 00:01:22.156 delivered 2025 group results at the top end of guidance driven 00:01:22.156 -- 00:01:27.242 by resilient delivery in combustibles and an excellent performance from Vilo 00:01:27.242 -- 00:01:30.103 in all three regions. 00:01:30.166 -- 00:01:35.373 Our discipline focus on quality growth continues to improve returns 00:01:35.373 -- 00:01:40.399 on more targeted in...