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FY 2020 Announcement.Pdf
17 February 2021 –PRELIMINARY RESULTS BRITISH AMERICAN TOBACCO p.l.c. YEAR ENDED 31 DECEMBER 2020 ‘ACCELERATING TRANSFORMATION’ GROWTH IN NEW CATEGORIES AND GROUP EARNINGS DESPITE COVID-19 PERFORMANCE HIGHLIGHTS REPORTED ADJUSTED Current Vs 2019 Current Vs 2019 rates Rates (constant) Cigarette and THP volume share +30 bps Cigarette and THP value share +20 bps Non-Combustibles consumers1 13.5m +3.0m Revenue (£m) £25,776m -0.4% £25,776m +3.3% Profit from operations (£m) £9,962m +10.5% £11,365m +4.8% Operating margin (%) +38.6% +380 bps +44.1% +100 bps2 Diluted EPS (pence) 278.9p +12.0% 331.7p +5.5% Net cash generated from operating activities (£m) £9,786m +8.8% Free cash flow after dividends (£m) £2,550m +32.7% Cash conversion (%)2 98.2% -160 bps 103.0% +650 bps Borrowings3 (£m) £43,968m -3.1% Adjusted Net Debt (£m) £39,451m -5.3% Dividend per share (pence) 215.6p +2.5% The use of non-GAAP measures, including adjusting items and constant currencies, are further discussed on pages 48 to 53, with reconciliations from the most comparable IFRS measure provided. Note – 1. Internal estimate. 2. Movement in adjusted operating margin and operating cash conversion are provided at current rates. 3. Borrowings includes lease liabilities. Delivering today Building A Better TomorrowTM • Revenue, profit from operations and earnings • 1 growth* absorbing estimated 2.5% COVID-19 revenue 13.5m consumers of our non-combustible products , headwind adding 3m in 2020. On track to 50m by 2030 • New Categories revenue up 15%*, accelerating • Combustible revenue -
Appendix 1: Codebook for “Content Analysis of E-Cigarette Products, Promotions, Prices and Claims on Internet Tobacco Vendor Websites, 2013-2014”
Appendix 1: Codebook for “Content Analysis of E-cigarette Products, Promotions, Prices and Claims on Internet Tobacco Vendor Websites, 2013-2014” (The following is a succinct version of the codebook intended to provide definitions for each variable; the original codebook used for training and reference by coders includes extensive text and graphic examples) Appendix Table 1. Codebook for Products sold by Internet Tobacco Vendors Selling E-Cigarettes Product (Variable) Codebook Definition Disposable e-cigarettes Any e-cigarette intended to be used and disposed of rather than refilled with e- liquids or cartridges. E-cigarette starter kit A kit containing everything needed to start vaping with a refillable e-cigarette, including the vaping device, battery, charger, and e-liquid or refill cartridges. Electronic cigars (e-cigars) An e-cigarette specifically made to resemble a large cigar, must use the term cigar, e.g. e-cigar or electronic cigar. Disposable e-cigars A disposable e-cigarette specifically made to resemble a large cigar (and be disposed of rather than refilled), must use the term cigar, e.g. e-cigar or electronic cigar. Most popular retail store Whether IEVs sold the five most popular e-cigarette brands in retail stores at the e-cigarette brands time of data collection (Blu, Njoy, Mistic, 21st Century Smoke, and Logic) were tracked in 2013. In 2014, Mistic and 21st Century Smoke were dropped because they were not found at all at IEVs in our 2013 sample, and four other brands found to be the most popular in our study of Google Search Trends were added to our brand tracking in 2014 (Joyetech, Ego, Nucig, and V2). -
Vaping Lingo Dictionary
Vaping Lingo Dictionary High vaping rates among youth and young adults have introduced a plethora of new terms and keeping up with the latest lingo can be difficult. If you are wondering what the young people in your life are talking about, here is a list of some popular words, phrases, products and general language used to refer to vaping/e-cigarette use. POPULAR VAPE BRANDS & DEVICES Closed Pod System (uses disposable pods) JUUL BLU NJOY VUSE Vibe VUSE Alto Open/Refillable System Box Mod Suorin Drop Suorin Air NOVO Vape Juice Disposables BIDI Stick Cuvie (HQD) Puff Bars Posh Vape Stig POPULAR TERMS, PHRASES & SLANG USED BY YOUNG VAPERS The part that provides power to the heating element to warm Battery, Batt the e-liquid and produce vapor Blanks Empty cartridges a user can fill with the e-juice of their choice Cartridge, Cart A refillable vape juice container Used to recharge the e-cig battery once it has been depleted Charger Clone A knock-off of an original device that is typically less expensive A type of device that uses disposable pods containing e-liquid (typically ~200-500 puffs). The body of these devices can be recharged and the disposable pods can be replaced with new Closed Pod System compatible pods. What vapers call the vape mist that’s produced during vaping Clouds A Dab pen is used primarily for consuming THC concentrates and using the device is typically also referred to as “vaping.” These devices look and work much like other vape pens. Dab pen The “most prominent in a class of largely counterfeit brands, with common packaging that is easily available online and used by distributors to market THC-containing cartridges," according to a Centers for Disease Control and Prevention report on e- cigarette or vaping product use-associated lung injury. -
Sproule Et Al V. Santa Fe Natural Tobacco
Case 0:15-cv-62064-JAL Document 1 Entered on FLSD Docket 09/30/2015 Page 1 of 20 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA JUSTIN SPROULE, individually and on behalf of all others similarly situated, No. Plaintiff, JURY TRIAL DEMANDED v. SANTA FE NATURAL TOBACCO COMPANY, INC., and REYNOLDS AMERICAN INC., Defendants. / CLASS ACTION COMPLAINT Plaintiff, Justin Sproule, individually, and on behalf of all others similarly situated in the United States, by and through the undersigned counsel, files this Class Action Complaint, and alleges against Defendants, Santa Fe Natural Tobacco Company, Inc. and Reynolds American Inc., as follows: INTRODUCTION 1. Defendants manufacture, market, and sell Natural American Spirit cigarettes (“American Spirits”). Defendants’ product labeling and advertising describes these cigarettes as “Natural,” “Additive Free,” “100% Additive Free,” “Organic,” and an “unadulterated tobacco product.”1 These terms are intended to suggest that American Spirits are healthier, safer, and present a lower risk of tobacco-related disease than other tobacco products. Defendants, however, have no competent or reliable scientific evidence to back their labeling and advertising claims. Defendants’ claims are patently deceptive, especially in today’s market, where these terms have a 1 https://www.sfntc.com/site/ourCompany/sfntc-story/ (last visited Aug. 28, 2015). Case 0:15-cv-62064-JAL Document 1 Entered on FLSD Docket 09/30/2015 Page 2 of 20 potent meaning for the health-and environmentally-conscious consumer. Moreover, as the FDA recently determined, American Spirits are in fact ‘adulterated.’ Using these deceptive terms, Defendants are able to successfully price American Spirits higher than other competitive cigarette brands. -
Electronic Cigarettes
ELECTRONIC CIGARETTES WHAT ARE ELECTRONIC CIGARETTES? Electronic cigarettes, or e-cigarettes, are battery-operated devices that contain a mixture of liquid nicotine and other chemicals. The device heats this mixture, called e-juice, producing a nicotine aerosol that is inhaled. E-cigarettes are also called e-hookahs, e-pipes, vape pens, hookah pens or personal vaporizers. E-CIGARETTES ARE NOT PROVEN SAFE. There is currently no evidence that using e-cigarettes or inhaling the secondhand emissions from an e-cigarette is safe. Studies have found nicotine, heavy metals, toxins, and carcinogens in e-cigarette aerosol.1, 2, 3, 4 Blu is the market leader in e-cigarette sales. It is heavily marketed by celebrities. FDA NOW REGULATING E-CIGARETTES. The Food and Drug Administration (FDA) began a two-year process in 2016 to establish basic regulations for e-cigarettes. Before this, e-cigarettes were completely unregulated. These regulations: • Prohibit free samples of e-cigarette liquid made or derived from tobacco. • Require a thorough review process for any product marketed after Feb. 15, 2007. • Prohibit sales to minors. • Require manufacturers of e-cigarettes, liquid, or components and parts of electronic cigarettes to register with the FDA. • Prohibit the sale of e-cigarettes from vending machines, unless in an adult-only facility. • Prohibit sellers from claiming that their products are less hazardous than smoking unless they provide sufficient evidence to the agency. NJOY is a top seller and seeks to mimic • Require manufacturers to submit a list of ingredients for e-cigarette liquid. the feel of smoking. • Place warning labels on products. -
White Paper on E-Cigarettes
7 Cedar St., Suite A Summit, NJ 07901 Phone: 908-273-9368 Fax: 908-273-9222 Email: [email protected] www.njgasp.org Karen Blumenfeld, Director Tobacco Control Policy and Legal Resource Center [email protected] January 22, 2015 ELECTRONIC SMOKING DEVICES Introduction The electronic smoking device industry has evolved and now offers more products than electronic cigarettes, like hookah pens and electronic cigars. Some industry trade groups refer to these products as Personal Electronic Vaporizing Units (PEVUs). Throughout this paper, the term “e-cigarette” is used broadly to include all types of electronic smoking devices. Global Advisors on Smokefree Policy1 (“GASP”) has many health concerns regarding e-cigarette use and exposure, which are documented in this paper. The U.S. Food & Drug Administration (FDA), U.S. Senator Frank Lautenberg, the World Health Organization, and national advocacy organizations also voice their concerns about e-cigarettes. Local, county, state and international jurisdictions are restricting or banning the sale or use of e- cigarette products. I. Laws and Policies New Jersey restricts e-cigarette sales and use New Jersey was the first state in the nation to ban the use of e-cigarettes in public places and workplaces, effective March 13, 2010. On January 11, 2010, Governor Corzine signed into law A4227/A4228/S3053/S3054, banning e-cigarette use in public places and workplaces (amended 2006 NJ Smokefree Air Act), and banning e-cigarette sales to people 18 years and younger. The New Jersey Senate and Assembly both voted unanimously in favor of the law. See http://njgasp.org/sfaa_2010_w-ecigs.pdf and njleg.state.nj.us/2008/Bills/A4500/4227_U1.pdf. -
The Minefield of E-Cigarette Labeling and Promotion
The Minefield Of E-Cigarette Labeling And Promotion Law360, New York (October 2, 2015, based on alleged false advertising and other claims. 12:32 PM ET) -- The 2009 Family By way of example, in May 2015, a consumer Smoking Prevention and Tobacco advocacy group sued various e- cigarette distributors Control Act amended the Food, for allegedly failing to include Proposition 65 Drug, and Cosmetic Act and warnings on their labels advising consumers that use provides the U.S. Food and Drug Administration the of the products would cause exposure to nicotine, a authority to regulate the manufacture, distribution chemical allegedly known to cause reproductive and marketing of tobacco products. In April 2014, the toxicity.[2] FDA issued a proposed rule (the so-called deeming On Sept. 1, 2015, the makers of Blu e-cigarettes rule) that would deem electronic cigarettes to meet were sued in a proposed class action in federal court the statutory definition of “tobacco product,” thereby in California for alleged violations of California’s extending the FDA’s regulatory authority to e- Unfair Competition Law and Consumers Legal cigarettes.[1] Remedies Act for allegedly failing to disclose that When the deeming rule is finalized, e-cigarettes may their products expose users to formaldehyde.[3] In also become subject to many of the marketing May 2015, a federal judge in California also found restrictions that the FDA has already imposed on that portions of a purported class action complaint traditional tobacco products, such as banning against NJOY Inc. survived a motion to dismiss outdoor advertising within 1,000 feet of schools and because, in allegedly holding out propylene glycol — playgrounds and prohibiting brand sponsorships of a common ingredient in e-liquids — as “generally sports and entertainment events, among others. -
Case Study Industry: Tobacco
CASE STUDY INDUSTRY: TOBACCO CUSTOMER: R.J. Reynolds Tobacco Company LOCATION: Winston Salem, North Carolina BACKGROUND: R.J. Reynolds Tobacco Company is the second-largest tobacco company in the United States, offering products in all segments of the market and makes many of the nation’s best-selling cigarette brands, including: Camel, Pall Mall, Kool, Winston, Salem, Doral, and VUSE brand E-cigarette. SCOPE OF WORK: Armstrong International is responsible for the operation and maintenance of the utilities systems at the Tobaccoville and Whitaker Park Boiler and Process Services plants including all associated equipment to provide quality steam, condensate, chill water, compressed air, and water treatment to meet ISO, FDA, and process requirements of the R.J. Reynolds Tobacco Company manufacturing facilities. Armstrong provides one site manager, two operation and maintenance managers as well as 35 operation and maintenance support employees, which includes 18 utility plant operators, one water treatment specialist, four operations and maintenance lead technicians, 11 HVAC and instrumentation technicians, and four mechanical maintenance technicians to furnish continuous plant staffing. BENEFITS: R.J. Reynolds Tobacco Company now has on-site utility expertise motivated to continually reduce cost and focus on utility system reliability at two separate manufacturing locations. They also have access to all of Armstrong’s extensive utility/energy engineering resources including the following: • Annual engineering audits • Identification/development -
Manu WS List for Website 2021.Xlsx
NEW HAMPSHIRE LICENSED MANUFACTURERS 8/2021 BUSINESS NAME CITY STATE 3CHI; SKYHIO; TERPFEX; REEFER'S BAY STRONGSVILLE OH 7 DAZE LLC ONTARIO CA 802 VAPOR LLC LITTLETON NH ACCESS VAPOR LLC ORLANDO FL AL FAKHER DISTRIBUTION USA INC PARAMOUNT CA ALT ZERO INC LAS VEGAS NV AMERICAN SNUFF COMPANY LLC MEMPHIS TN AVANTI CIGAR CO DUNMORE PA BAD DRIP LABS INC ROCHESTER NY BIDI VAPOR LLC MELBOURNE FL BLACK MARKET LIQUIDS INC GEORGETOWN MA BLACKBRIAR REGULATORY SERVICES LLC NORTH CHESTERFIELD VA BUCKSHOT VAPORS INC COSTA MESA CA CENTRAL VAPOR LLC MCKINNEY TX CHEYENNE INTERNATIONAL LLC GROVER NC COASTAL CLOUDS LLC IRVINE CA COCONARA MCLEAN VA DR DISTRIBUTORS LLC ROCKTON IL DUNBARTON TOBACCO AND TRUST HOOKSETT NH ELEMENT E-LIQUID LLC HOLLYWOOD FL ELITE BROTHERS LLC WALTHAM MA ELYSIAN LABS HOUSTON TX EVERYTHING TOBACCO LLC MIAMI FL FARMERS TOBACCO CO OF CYNTHIANA CYNTHIANA KY FINEST E-LIQUID CHATSWORTH CA FIREBIRD MANUFACTURING LLC SOUTH BOSTON VA FONTEM US LLC CHARLOTTE NC FRESH FARMS E LIQUID LLC FOUNTAIN VALLEY CA FRONTO KING LLC BROCKTON MA FUMIZER LLC SYLMAR CA GENTLEMANS DRAW LLC EDGEWATER FL GLOBAL TOBACCO LLC DALLAS TX GOT VAPE CORONA CA HELIX INNOVATIONS LLC RICHMOND VA HOMETOWN HERO AUSTIN TX INTERCONTINENTAL TRADING USA INC MT PROSPECT IL ITG BRANDS LLC GREENSBORO NC ITG CIGARS INC TAMPA FL JOHN MIDDLETON CO RICHMOND VA JT INTERNATIONAL USA INC TEANECK NJ JUICE SUPPLY COMPANY CITY OF INDUSTRY CA JUUL LABS INC WASHINGTON DC KING MAKER MARKETING INC RALEIGH NC KRETEK INTERNATIONAL INC MOORPARK CA KT & G USA CORP FORT WORTH TX BUSINESS NAME CITY -
Electronic Cigarettes
Electronic Cigarettes WHAT IS AN ELECTRONIC CIGARETTE? Electronic cigarettes, also called e-cigarettes, are battery operated nicotine vaporizers that are produced primarily in China.1 E-cigarettes often look like a traditional cigarette but do not produce smoke. The use of e-cigarettes is referred to as “vaping” rather than “smoking.” E-cigarette users purchase cartridges filled with liquid nicotine and other substances, attach the cartridge onto the e-cigarette battery, and breathe in nicotine vapor produced by a small heating element. The cartridges are sold in many flavors such as cherry, bubblegum, One example of a rechargeable e-cigarette model vanilla, and fruit punch, making them appealing to youth.2 Disposable e-cigarettes sell for about $5 and rechargeable e-cigarettes cost up to $120. E-cigarettes are often advertised as a safer alternative to tobacco cigarettes; however, the potential health risks associated with these products is not known. Liquid nicotine found in e-cigarettes is derived from tobacco; however, most of the devices do not contain any tobacco. Similar to tobacco cigarettes, heavy metals, carcinogens, silicate, and nanoparticles (which can go deep into the lungs) have been found in e-cigarette vapor.3 ARE ELECTRONIC CIGARETTES REGULATED? The production and manufacturing of e-cigarettes is poorly regulated.4,5 The Food and Drug Administration (FDA) has noted that “quality “blu” is a brand of electronic cigarettes manufactured control processes used to manufacture these products are inconsistent by Lorillard, the company that makes Newport ciga- rettes. It is purposefully designed to look different or nonexistent.” For example, three different e-cigarette cartridges with than a cigarette for use by consumers in places with the same label were tested and each cartridge released a substantially smoke-free policies. -
Tobacco Promotions
TOBACCO PROMOTIONS 10/1/2021 CHEWING TOBACCO ITEM # ITEM DESCRIPTION PACK SIZE 316500 BIG DUKE SOUTHERN BLEND $9.99 PP (16 OZ) 6 16 OZ 316502 BIG DUKE SOUTHERN BLEND $1.99PP SCRAP 12 3 OZ 316508 BIG DUKE SWEET BLD $1.99PP SCRAP 12 3 OZ 316513 BIG DUKE $1.99PP SCRAP 12 3 OZ 316515 STOKER'S RED SUPREME $1.99 PP 12 3 OZ 316521 BIG DUKE $9.99 PP (16 OZ) 6 16 OZ 316523 STOKER'S RED SUPREME BOLD $1.99 PP 12 3 OZ 320568 STARR PEACH VALUE SCRAP $2.19 PP 12 LARGE 320573 STARR PEACH SCRAP B1G1F 6 2 PKS 320574 STARR SCRAP $2.19 PP 12 LRG 320577 STARR SCRAP B1G1F 6 2 PKS 320964 BOWIE CHEW B1G1F 6 2 PKS 323265 LANCASTER B1G1F 6 2 PKS 323904 CHATTANOOGA CHEW $1.99 PP 12 3'S 323906 BOWIE CHEW $1.99 PP 12 LARGE MOIST SNUFF ITEM # ITEM DESCRIPTION PACK SIZE 321061 TIMBER WOLF PEACH PCH 1.79 ROLL 5 cans MOIST SNUFF (FLORIDA CUSTOMERS ONLY) ITEM # ITEM DESCRIPTION PACK SIZE 322043 TIMBER WOLF WG PCH 2.99 DISP 5 CANS 322045 TIMBER WOLF NAT PCH 2.99 DISP 5 CANS 322047 TIMBER WOLF MT PCH 2.99 DISP 5 CANS 322049 TIMBER WOLF PEACH PCH 2.99 DISP 5 CANS 322051 LONGHORN WG PCH 2.99 DISP 5 CANS 322053 LONGHORN ST PCH 2.99 DISP 5 CANS 322055 LONGHORN NAT PCH 2.99 DISP 5 CANS 322057 LONGHORN MT PCH 2.99 DISP 5 CANS 322082 LONGHORN LC WG 2.99 10 CANS 322084 LONGHORN FCN 2.99 10 CANS 322086 LONGHORN LC ST 2.99 10 CANS 322088 LONGHORN LC MT 2.99 10 CANS Page 1 of 5 NEW E-CIG ITEMS ITEM # ITEM DESCRIPTION PACK SIZE 399007 VUSE SOLO POWER UNIT 5 EACH 399083 VUSE CIRO POWER UNIT 5 EACH 399151 VUSE ALTO POWER UNIT BLUE 5 EACH 399153 VUSE ALTO POWER UNIT GOLD 5 EACH 399156 -
Framework to Estimate Total Particulate Mass and Nicotine
www.nature.com/scientificreports OPEN Framework to Estimate Total Particulate Mass and Nicotine Delivered to E-cig Users from Received: 2 August 2018 Accepted: 23 May 2019 Natural Environment Monitoring Published: xx xx xxxx Data Edward C. Hensel 1, Nathan C. Eddingsaas2, A. Gary DiFrancesco1, Shehan Jayasekera1, Sean O’Dea2 & Risa J. Robinson1 A framework describing the joint efect of user topography behavior and product characteristics of one exemplar device on the total particulate mass (TPM) and aerosol constituent yield delivered to a user is presented and validated against seven user-specifc ‘playback’ emissions observations. A pen-style e-cig was used to collect emissions across puf fow rates and durations spanning the range observed in the natural environment. Emissions were analyzed with GC-MS and used to construct empirical correlations for TPM concentration and nicotine mass ratio. TPM concentration was demonstrated to depend upon both puf fow rate and duration, while nicotine mass ratio was not observed to be fow-dependent under the conditions presented. The empirical model for TPM and nicotine yield demonstrated agreement with experimental observations, with Pearson correlation coefcients of r = 0.79 and r = 0.86 respectively. The mass of TPM and nicotine delivered to the mouth of an e-cig user are dependent upon the pufng behavior of the user. Product-specifc empirical models of emissions may be used in conjunction with participant-specifc topography observations to accurately quantify the mass of TPM and nicotine delivered to a user. Te purpose of this work is to develop an approach to predict on a per-person, per device, per consumable basis the total particulate mass and nicotine yield delivered to the mouth of an Electronic Nicotine Delivery System (ENDS) user, given knowledge of the tobacco product characteristics and the user’s topography and consumption behavior.