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Avoid forcefully knocking or tapping itits not a race to the bottom of the tray
Reduced-Risk Products (RRP): Products with the potential to reduce the risks associated with smoking Business strategyBusiness Plan 2025 * By the end of 2028, 1) reach mid-teens HTS SoS in key markets, including Japan and Italy 2) achieve break-even across the RRP category To create fulfilling moments and a better future, we have articulated a clear strategy for the tobacco business
With this momentum, together with resilient combustibles delivery and further productivity initiatives, we are confident in sustainably delivering on our financial algorithm of +3-5% revenue2, +4-6% APFO1,2,3 and +5-8% adjusted diluted EPS1,2,3, with 2026 expected to be at the lower end of the range, as we continue to invest in our transformation
My answer is no
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