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$英美烟草公司(BTI)$ 发生了什么?

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是我是风2021-02-18 00:44

我觉得可以啊。

大饮隐于市2021-02-17 23:29

Revenue, profit from operations and earnings growth* absorbing estimated 2.5% COVID-19 revenue headwind
·     Combustible revenue up 2.8%* with volume down 4.5% offset by strong price/mix of 7.3%
·     Cigarette value share up 20 bps driven by the Strategic portfolio up 40 bps 
·     £660m annualised cost savings, driven by Quantum
·     Adjusted profit from operations up 4.8%*
·     Adjusted operating margin up 100 bps
·     Adjusted diluted EPS up 5.5%*
·     Operating cashflow conversion of 103%, >90% target.
·     £2.6bn FCF generation driving deleverage to 3.3x adjusted net debt / adjusted EBITDA
·     Full Year dividend 215.6p up 2.5%
·     65% dividend pay-out ratio

大饮隐于市2021-02-17 23:24

2021 outlook:  
·     Global tobacco industry volume expected to be down around 3%. US market dependent on COVID-19 uncertainties. 
·     Constant currency revenue growth of 3%-5%, and continued progress towards our New Categories revenue target of £5bn in 2025.
·     Mid-single figure constant currency adjusted EPS growth reflecting continued COVID-19 impacts. Expected FX headwind of around 7% on full year adjusted EPS growth. 
·     Operating cashflow conversion in excess of 90%, Adj Net debt/Adj EBITDA around 3.0x. 
Post COVID-19, confident in our guidance of 3-5% revenue and high single-figure adjusted diluted EPS growth at constant currency.
** Based on the weight of evidence and assuming a complete switch from cigarette smoking. These products are not risk free and are addictive

等了三年又三年2021-02-17 18:54

感觉展望也还可以,和奥驰亚差不多吧,是大家预期太高?

cooyee2021-02-17 18:13

21年展望令人失望

小牛哥332021-02-17 17:54

同问?