For the year ended 31 December 2025 2024 m m Profit before taxation (PBT) 9,859 3,538 Less: Share of post-tax results of associates and joint ventures (1,681) (1,900) Adjusting items within profit from operations 1,575 9,154 Adjusting items within finance costs 170 (491) Adjusted profit before taxation, excluding associates and joint ventures 9,923 10,301 Impact of translational foreign exchange 337 Adjusted PBT, excluding associates and joint ventures, translated at 2024 exchange rates 10,260 10,301 Adjustments in respect of Canada1, translated at 2024 exchange rates (365) (646) Adjusted PBT, excluding associates and joint ventures and as adjusted for Canada, translated at 2024 exchange rates 9,895 9,655 Taxation on ordinary activities (2,094) (357) Adjusting items within taxation and taxation on adjusting items (344) (2,206) Adjusted taxation (2,438) (2,563) Impact of translational foreign exchange on adjusted taxation (84) Adjusted taxation, translated at 2024 exchange rates (2,522) (2,563) Adjustments in respect of Canada1, translated at 2024 exchange rates 97 169 Adjusted taxation as adjusted for Canada, translated at 2024 exchange rates (2,425) (2,394) Effective tax rate 21.2% 10.1% Underlying tax rate 24.6% 24.9% Underlying tax rate (at 2024 exchange rates) 24.6% 24.7% Underlying tax rate (2024 exchange rates) as adjusted for Canada1 24.5% 24.8% 1
109/2012, arguing that it required prudence and independence to change the complex regulation
The growth potential is significant, driven by increasing health awareness and a gradual shift towards organic products
This cigarillo offers a delicate interplay between the mellow tobacco tones and a slightly sweet note, creating a refined yet rich flavor profile
By Steve from West Bromwich Nutty taste (18 August 2022) Absolutely love this eliquid nice smooth tobacco taste with a hint of nuts
The laws require that tobacco retail outlets post an Age-of-Sale warning sign and check ID, and retailers cannot have self-service displays of tobacco products or paraphernalia (including electronic smoking devices)
