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14 Dec 2023

British American Tobacco Maintains Strong Margins

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For every $1 of sales, British American Tobacco (BAT) [retains $0.38](https://www.chartr.co/newsletters/2023-12-08) as operating profit, outshining LVMH, Coca-Cola. Their recent fiscal year records show low cost of goods sold at $0.17, with other costs and overheads totaling $0.45, highlighting exceptional profitability.