BAT Zimbabwe expects strong profit rebound
BUSINESS WRITER
British American Tobacco Zimbabwe (BAT) is projecting a significant improvement in profitability for the financial year ended December 31, 2025, buoyed by sustained macroeconomic stability,Business Times can report.
The company’s optimism follows over 20 months of economic calm in Zimbabwe, marked by stable exchange rates and controlled inflation.
Company secretary Takudzwa Mashanda highlighted that the prior year’s performance was heavily impacted by substantial exchange losses and inflationary effects linked to the revaluation of foreign currency-denominated balances under IAS 21, amid a hyperinflationary economy.
“…the group’s financial results for the year ended December 31, 2025, expected to be published on or before March 31, 2026, are anticipated to differ materially from those reported for 2024, with a significant improvement in profitability expected,” Mashanda said.
He attributed the anticipated growth to the absence of prior-year exchange losses, improved currency stability, and BAT’s transition to a multicurrency billing model, which has enhanced revenue realisation and reduced exposure to local currency volatility.
Mashanda added that the expected variance in results constitutes price-sensitive information requiring disclosure under the Listing Requirements (S.I. 134 of 2019) due to the material impact of foreign exchange and inflation-related factors on comparative performance.
Investors have been cautioned to exercise care when trading BAT shares until the full 2025 financial results are published by March 31, 2026.
