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Annual Report 2009 - British American Tobacco

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REGIONAL REVIEW<br />

Chief Operating Officer’s overview<br />

Nicandro Durante, Chief Operating Officer, reviews our global performance<br />

and discusses the trends that had an effect on our businesses worldwide.<br />

Group performance by region<br />

The contribution of each region to Group volumes, revenue and adjusted<br />

profit from operations, with the change from the previous year.<br />

Regional highlights<br />

An overview of our regions – Asia-Pacific, Americas, Western Europe,<br />

Eastern Europe and Africa and Middle East – with a summary of our<br />

position in the important markets in each region.<br />

Results of associates<br />

The associate companies of the Group now principally comprise<br />

Reynolds <strong>American</strong> in the US and ITC in India.<br />

PAGE<br />

42<br />

43<br />

44<br />

49<br />

40 <strong>British</strong> <strong>American</strong> <strong>Tobacco</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong> Directors’ report: Business review

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