british american tobacco owner New boss disappoints investors British American Tobacco - Management

Ethics declarations Ethical approval This study was approved by the Ethics Committee of Riga Stradins University (No

How psychoactive drugs affect the brain To understand the nature of nicotine addiction, you must focus your attention on how nerves in the brain communicate with one another, because it is in altering this process that chemicals like nicotine have their effect

Wild and domesticated forms have been used by people throughout the area for millennia

And we can stop them. Take Down Tobacco Weve all seen them

Figure 5: BAT internal growth guidance Source: BAT investor presentation If the dividend pay-out ratio (65% of net earnings) can be maintained and the forecast levels of sales and profitability growth come to pass, then the share does seem to offer value