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For year ended 31 December 2025 Reported vs 2024 Adj Items1 Adjusted vs 2024 Exch
That can make vaping more cost-effective than it appears at first glance, even if the upfront cost of a cartridge is higher than that of a gummy
Once people realized how much power it gave them, once the culture of violence and predatory lending took hold, the market never went back to the way it was
Key Assumptions: Cigarette volumes will maintain decline trend, offset by pricing power, resulting in retail value growing ~1.5% per annum
US$ 24.26
US$ 20.47
US$ 27.90
US$ 27.47
