Lucky Strike-owner British American Tobacco plc reaffirmed guidance on Tuesday, boosted by strong demand in the US.
Updating on second-half trading, the blue chip said it expects group revenues to come in around 2% higher at constant rates, despite a 2% decline in global tobacco industry volume.
BAT, which also owns Dunhill and Pall Mall, said it had seen "strong" US revenue and profit momentum during the period.
That was driven by both traditional combustibles and an "excellent" performance from its tobacco pouch brand Velo Plus, which is on track to become profitable this year.
Overall, new category revenue growth accelerated to double digit in the second half, contributing to a mid-single digit for the full year. New category products include pouches, vapes and heated products.
BAT acknowledged that the new category market in the US continued to be undermined by illegal vapes, but said it had seen early signs of enforcement action at both a Federal and state level.
Tadeu Marroco, chief executive, said: "Full year delivery remains on track.
"I am particularly pleased with our momentum in the US, the world's largest nicotine value pool.
"Strengthened combustibles performance and enhanced commercial execution reinforce our future confidence."
BAT also reaffirmed guidance for 2026, and announced plans to return £1.3bn to shareholders in the next financial year.
Marroco concluded: "While there is more to do, we continue to prioritise investment in our most profitable markets and categories, driving accelerating new category contribution in line with our quality growth approach.
"We remain confident in delivering our mid-term algorithm next year."