British American Tobacco (Zambia) Plc (LUSE:BATZ)
Zambia flag Zambia · Delayed Price · Currency is ZMW
12.97
0.00 (0.00%)
At close: Sep 21, 2026

LUSE:BATZ Financials Overview

Millions ZMW. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
724.28792.91892.21632.8535.87470.2
Revenue Growth
-8.66%-11.13%40.99%18.09%13.97%36.99%
Gross Profit
474.34476.16448.76301.39310.71237.83
Operating Income
318.52320.35284.44164.2178.9131.82
Net Income
229.74216.55196.16112.03100.3661.76
Earnings Per Share
1.081.020.920.530.470.29
EPS Growth
5.80%10.40%75.09%11.63%62.49%-

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Premium
38.2235.0827.1626.727.62
Aspirational Premium
165.76136.12128.14142.43145.19
Value for Money
588.94104.2881.2679.8681.44
Low Value
-617.66395.9286.87215.95
New Categories
--0.940.33--
Total
792.91892.21632.8535.87470.2

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
97.39146.14180.92140.99115.28114.7
Total Debt
---69.73135.3175.06
Net Cash (Debt)
97.39146.14180.9271.27-20.02-60.36
Net Cash Growth
-33.36%-19.23%153.86%---
Net Cash Per Share
0.460.690.850.34-0.09-0.28

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
200.1180.48185.34126.41102.74169.04
Capital Expenditures
-13.5-13.5-21.24-2.61-23.92-44.56
Free Cash Flow
186.6166.98164.1123.878.83124.48
Free Cash Flow Growth
11.75%1.75%32.55%57.06%-36.68%149.03%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
65.49%60.05%50.30%47.63%57.98%50.58%
Operating Margin
43.98%40.40%31.88%25.95%33.38%28.04%
Pretax Margin
45.60%39.28%32.14%24.76%30.91%17.82%
Profit Margin
31.72%27.31%21.99%17.70%18.73%13.14%
FCF Margin
25.76%21.06%18.39%19.56%14.71%26.47%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.8000.8000.7200.1500.1500.100
Dividend Per Share Growth
-11.11%11.11%380.00%0%50.00%-
Dividend Yield
6.17%5.85%21.61%9.99%11.14%10.42%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.0313.984.243.704.024.99
P/FCF Ratio
14.7718.135.063.355.122.48
PS Ratio
3.803.820.930.660.750.66