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Further extending category leadership Volume share +5.7pts of Total Oral and +7.4pts of Modern Oral in top markets 5 Strong double-digit revenue growth, driven by industry growth and share gains Velo Plus is delivering excellent results in the U.S., driving total volume share of Modern Oral +10.4pts, expect strong financial performance in H1 and FY Continued share leadership in AME, over-indexing on value share, with strong financial performance 2.2 Vuse: Extending global value share leadership

Because of their narrow base, revenue from excise taxes tend to be unstable, and some sources of revenue (like taxes on tobacco) are in long-term decline

With his passion and experience, he created Dayana TOBACCO est

However, unlike the original study, we included tobacco flavor descriptors given the frequency of tobacco flavor descriptors we discovered

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