British American Tobacco (BAT) has emerged as one of the few winners from the Japanese tsunami after the company generated £50m of extra profits and shipped an extra 2bn cigarettes to the embattled country.Tsunami in JapanMichael Prideaux, director of corporate and regulatory affairs, said: “With the tsunami, Japan Tobacco stopped production and we benefited massively. We ended last year with 11pc of the Japanese market; following the tsunami that rose as high as 20pc. We reckon JT will get most of that back, but hopefully we’ll hold on to a bit of it.”The performance in Japan helped BAT increase group revenues by 2pc to...
