British American Tobacco Posts Pretax Profit Jump

Core Viewpoint - British American Tobacco experienced a significant increase in pretax profit driven by the rising demand for vapor and other smokeless products [1] Company Summary - The company reported a notable growth in pretax profit, indicating strong performance in its product segments [1] - The demand for vapor and smokeless products continues to rise, suggesting a shift in consumer preferences towards these alternatives [1] Industry Summary - The overall market for vapor and smokeless products is expanding, reflecting changing trends in the tobacco industry [1] - The growth in this segment may indicate a broader industry shift away from traditional smoking products [1]