(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.British American Tobacco Plc, the maker of Lucky Strike cigarettes, lowered its growth outlook for full-year sales growth in smoking alternatives as health concerns and a U.S. regulatory crackdown on vaping weigh on e-cigarette revenue.Sales growth from the new product categories, which also included heated tobacco, will be in the lower end of BAT’s forecast range of 30% to 50%, the company said. In August BAT was guiding to the midpoint.Key InsightsA price war has been breaking out in the e-cigarette market …read more
Source:: Yahoo Finance
