British-American Tobacco has more than tripled its sales in the Czech Republic since 2004 to CZK 11,860 mil in 2012. This implies an average annual growth of 9.1%. A similar trend has been seen on the profit side. In 2012, the Company reached a net profit of CZK 388 mil, or an average annual growth of 12.8% since 2004.
On the other hand, operating profit margin dropped 40% since 2004 to 4.0% in 2012, while net margin declined 14% in the same period to 3.3%.
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