British American Tobacco H1 Profit Up - Quick Facts

(RTTNews) - British American Tobacco Plc (BTI, BATS.L) recorded higher profit attributable to owners of the parent of 2.04 billion pounds in the first half, versus the prior year's 1.91 billion pounds, with earnings per share rising year-over-year to 106.1 pence, from 97.3 pence. Adjusted earnings per share climbed 8% to 109.1 pence, helped by the growth in profit from operations. At constant rates of exchange, it was up 10%.

The reported profit from operations was 3% higher at 2.81 billion pounds during the period. Six-month pre-tax profit stood at 2.99 billion pounds, compared with the prior-year figure of 2.85 billion pounds.

Also, first-half 2013 revenue improved to 7.57 billion pounds, from restated 7.45 billion pounds, in the comparable period in 2012. Group revenue went up 2% and up 4% at constant rates of exchange, mainly as a result of continuing good pricing momentum, while exchange rate movements adversely impacted three of the Group's four regions, the company added.

Additionally, the board has declared an interim dividend of 45.0 pence, a 7% increase on last year, to be paid on September 30, 2013.