BAT cushion margins amid volume dip

Despite the savings achieved, BAT faced mounting production expenses during the quarter, with cost of sales rising 20 percent due to infla­tion-driven increases in imported material costs.

BRITISH American Tobacco (BAT) Zimbabwe implemented cost-containment measures and strategic price adjustments during the first quarter ended March 31, 2026, to protect margins against rising costs. As a result, the cigarette manufacturer recorded a 29 percent decrease in operating costs during the period, enabling it to absorb rising input costs and remain profitable despite a…

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