BRITISH AMERICAN TOBACCO WKN: 916018 ISIN: GB0002875804 Kürzel: BMT Forum: Aktien Thema: Hauptdiskussion

Outlook: – Global tobacco industry volume expected to be down c.2%. – c.1% revenue growth (at constant rates), as we navigate increased excise and VAT in Bangladesh and new tobacco regulations in Australia. – 1.5-2.5% adjusted profit from operations growth (adjusted for Canada, at constant rates)*, including an expected c.1.5% transactional FX headwind. – Performance expected to be second half weighted as we deploy our innovations throughout the year. – Net finance costs* expected to be around £1.8 billion (adjusted for Canada). – The impact of translational foreign exchange is expected to be broadly flat on full year adjusted profit from operations growth. – Operating cash flow conversion in excess of 90%, with gross capital expenditure in 2025 of approximately £650 million. – Continue to deleverage (adjusted for Canada) to our 2.0-2.5x adjusted net debt/adjusted EBITDA corridor by 2026. – Commitment to dividend growth in sterling terms and £900 million share buy-back.

Outlook: – Global tobacco industry volume expected to be down c.2%. – c.1% revenue growth (at constant rates), as we navigate increased excise and VAT in Bangladesh and new tobacco regulations in Australia. – 1.5-2.5% adjusted profit from operations growth (adjusted for Canada, at constant rates)*, including an expected c.1.5% transactional FX headwind. – Performance expected to be second half weighted as we deploy our innovations throughout the year. – Net finance costs* expected to be around £1.8 billion (adjusted for Canada). – The impact of translational foreign exchange is expected to be broadly flat on full year adjusted profit from operations growth. – Operating cash flow conversion in excess of 90%, with gross capital expenditure in 2025 of approximately £650 million. – Continue to deleverage (adjusted for Canada) to our 2.0-2.5x adjusted net debt/adjusted EBITDA corridor by 2026. – Commitment to dividend growth in sterling terms and £900 million share buy-back.

– Revenue down 5.2%, driven by the sale of our businesses in Russia and Belarus in September 2023 and translational FX headwinds – Organic revenue up 1.3% (at constant rates), driven by New Categories revenue up 8.9% – Total combustibles organic revenue increased0.1%(at constant rates), as organic price/mix of +5.3% was offset by 5.2% lower volume – Reported profit from operations of £2,736m (2023: loss of £15,751m) with 2024 including a provision of £6.2 billion in respect of the proposed settlement in Canada, while 2023 was negatively impacted by one-off impairment charges largely in the U.S. – Adjusted organic profit from operations up 1.4% (at constant rates), driven by AME and APMEA – New Categories contribution increased by £251 million on an adjusted organic, constant FX basis, with category contribution margin now at 7.1%, an increase of 7.1 ppts on 2023 – Reported diluted EPS at 136.0p; adjusted organic diluted EPS up 3.6% (at constant rates) – Free cash flow of £7,901 million; adjusted net debt / adjusted EBITDA down 0.13x to 2.44x (down 0.3x at constant rates) – Dividend growth of 2.0% to 240.24p - with £900 million share buy-back planned in 2025 – Continued Sustainability progress - launched OmniTM, a major global initiative to help in making a Smokeless World a reality

Heute gilts

SL nutze ich auch nicht. Warum sollte ich nicht händisch verkaufen? Warum erst warten bis es X% fällt? Dann kann ich auch jetzt schon verkaugen 🤷

Das ist doch ok! Ich hab nur viel zu oft erlebt,wie ein Gedanklicher SL gewirkt hätte...kurzes unterschießen und weiter gehts! Immer auch im Hinterkopf behalten, daß der Broker die SL Marken auswertet und Geld verdienen muß. Gerade wer gehebelt unterwegs ist...nie nen SL eingeben,nur gedanklich danach handeln!!!

Doch mich schon, wenn man jetzt verkauft, und 24k Gewinn mitnehmen und in 2 oder 3 Jahren sage ich mal bei 33€ wieder kauft, hat man nur die 2 Jahre Dividende eingebüßt, was etwa 8K wären sage ich mal hat aber dafür 24k gewonnen. Das macht schon einen Unterschied würde ich sagen. Aber ja vorausgesetzt es geht weit runter. Am besten ja unter den EK oder gleich dem. Aber das kann man ja nie voraussehen. Von daher muss jeder selbst entscheiden. Ich habe entschieden und setze mir zur geraumer Zeit nen Stopp. Aber das heißt nicht das ich verkaufe, nur ne Absicherung halt, mehr nicht.