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Anti-smuggling measures hit BATAnti-smuggling measures hit BAT
4-Apr-2003
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British American Tobacco (BAT) has blamed its 4% drop in group volumes in 2002 on a planned reduction of duty-free sales, as well as the general economic downturn. In December
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(1-May-2002) - The tobacco market will continue to grow for at least five years, despite increasing pressure from governments and anti-tobacco organisations, according to a recent survey.
(1-May-2002) -
(18-Dec-2001) - British-American Tobacco (BAT) may lose up to 3% of its revenue next year in a move to curb smuggling. It said it was stepping up action in an attempt to secure government aid in combating counterfeiters.
(30-Oct-2002) - Returning UK cross-Channel shoppers will be allowed to take 3,200 cigarettes back into the country from France, under new rules outlined by the Treasury today
(15-Apr-2004) - Philip Morris International has reportedly offered the European Union $1bn in an effort to avoid legal action over smuggling