UK 00:19 Tuesday, 22 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Back in late April I wrote about the ‘US tobacco market shocker’ for companies such as Imperial Brands (IMB) and British American Tobacco (BATS), but argued that it was more of an opportunity than a threat HERE. British American Tobacco produced its first half numbers today and whilst there is plenty of difference between current rate and constant rate returns (thanks the rise of the pound against the dollar and related over the last year!), the company is still growing its underlying sales and profits. And whilst the US authorities were very grumpy concerning their desire to ‘ban menthol cigarettes, ban flavoured cigars build on previous flavour ban and mark significant steps to reduce addiction’, not only have the shares edged up since but sales and profits have continued to go up in both the US and around the world.
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