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Earnings growth came to a near-standstill, and what had been lucrative double-digit-percentage dividend increases gave way to more modest token boosts that nevertheless taxed Philip Morris' ability to return capital to shareholders
Alejandro Robaina, Grower for Top Cuban Cigars, Dies at 91, The New York Times , April 19, 2010
Adding to the complexities, the number and length of fermentation will vary for every leaf that goes into a cigar
Although the Group does not believe that these measures are a substitute for IFRS measures, the Group does believe that such results excluding the impact of currency fluctuations year-on-year provide additional useful information to investors regarding the operating performance on a local currency basis (see page 19)
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