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I cannot help but weep to think of itoh, do excuse me. Lady Shierxun patted at her eyes with a handkerchief

Below is the upside case: US doesnt ban menthol Share gains drive NGP revenues at 20% CAGR, to 13b GBP in 2030 55% incremental margins in NGP, creating 36% terminal operating margin (still a little lower than the company average) Flat 51% margins in combustibles with no menthol ban Stock trades at near market-ish multiple of 15x on substantial NGP transition The above are very much possible

What Duty Free is and what goods you can buy there Duty Free is a duty-free zone of trade, where goods are exempt from part of taxes: excise duties, VAT and others

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The lawsuit established that e-cigarettes werent drug delivery devices they were tobacco alternatives, and they were entirely legal to sell