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British American Tobacco’s sales fizzle out as recession takes hold

British American Tobacco Plc, the world’s second-biggest cigarette maker, posted a 3 percent dip in underlying nine-month sales volumes as it said trading conditions had deteriorated.

The London-based group, which makes Kent, Dunhill, Lucky Strike and Pall Mall cigarettes, said on Wednesday it had seen lower industry volumes in a number of markets including Japan, Russia, Brazil, Italy and South Africa.