A workers of British American Tobacco Japan demonstrates its new tobacco heating system machine ‘glo’ after a information convention in Tokyo, Japan, November 8, 2016. REUTERS/Kim Kyung-Hoon

(Reuters) – British American Tobacco, the world’s No. 2 tobacco firm, on Wednesday forecast gross sales of vaping and e-cigarette merchandise to speed up within the second half of the yr and introduced plans to consolidate the enterprise into fewer manufacturers.

The maker of Fortunate Strike and Dunhill cigarettes flagged slowing international trade volumes, however forecast improved margins and additional investments in its “New Class” portfolio, which incorporates vaping and…

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