Shares in British American Tobacco (LON:BATS) cheapened after the company warned FY26 global cigarette industry volume is expected to be down around 2.5%. That guidance was worse than the previously expected 2% decline. It also means BATS’ FY26 sales and profit growth will be at the lower end of the company’s medium-term guidance ranges. Investors … Continue reading BATS shares down as guidance proves a drag