Summary
BRITISH American Tobacco boss Paul Adams today aggressively ramped up his cost-cutting plans as the company produced a strong set of profits despite swingeing tax increases hitting many key countries.
Chainsmoking Adams, appointed chief executive just over a year ago, sees his task as targeting organic growth and cost savings, following the multibillion dollar acquisitions sprees undertaken by his deal-loving predecessor, Sir Martin Broughton.See the full content of this document
Extract
Cost Cuts Puff Up Bat's Performance
Today, Adams increased his annual savings ...
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