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British American Tobacco profits rise despite drop in sales

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Covid crisis affects duty-free cigarettes but demand for vaping kits surges

The owner of cigarette brands including Lucky Strike, Pall Mall and Camel has posted a near 9% rise in profits, despite lower sales partly caused by the pandemic.

British American Tobacco (BAT) said the number of cigarettes sold fell by almost 5% last year, amid restrictions on travel that hit duty-free trade and and a sales ban in South Africa related to the Covid-19 crisis. However, price increases meant the total value of cigarettes sold rose.

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