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Lit readily and dug-in

Often given as diplomatic gifts, the Cohiba brand gradually developed a cult status

Larry loved family gatherings

The performance is not good

For year ended 31 December 2025 Volume Revenue Reported Reported Current Exchange Constant Unit vs 2024 m vs 2024 m m vs 2024 New Categories 1,251 +16.1 % 39 1,290 +19.8 % Vapour (units mn) 262 -8.8 % 934 -6.4 % 29 963 -3.4 % HP (sticks bn) % % % Modern Oral (pouches bn) 3.5 +249 % 317 +297 % 10 327 +310 % Traditional Oral (stick eq bn) 4.8 -8.9 % 1,006 -5.0 % 31 1,037 -2.0 % Total Smokeless 2,257 +5.6 % 70 2,327 +9.0 % Total Combustibles (bn sticks) 44 -7.7 % 9,218 +1.4 % 295 9,513 +4.6 % Other 59 +23.2 % 4 63 +27.5 % Total 11,534 +2.3 % 369 11,903 +5.5 % Constant currency measures are calculated based upon a re-translation, at the prior year's exchange rates, of the current year's results of the Group and, where applicable, its segments