And the reason for this is that BAT is historically strongest in Europe in the value for money and the low segments of combustibles, which make the size of the prize for BAT particularly high to convert combustibles consumers to smokeless offers. Looking at the entire world, in three years BAT has turned the new category business from unprofitable to break-even: And now, as Soraya Benchikh, CFO, points out, the new categories business is profitable: And by H1 2024, new category contribution had already reached 8%, as we announced in our first half results. Unsurprisingly, she can say: The transformation is working. Because: New Categories are more than offsetting the decline in combustibles and they are further driving superior profit growth
Its the night Michael chose to confront his brother Fredo as the confetti dropped in Cuba
Its ultra-slim design makes it easy to store and carry, and it's compatible with all standard vehicle chargers, making it a must-have for any traveler
Almost all of them had honed their skills and found fame via Saturday Night Live and the various SCTV series they all worked together on TV, and they continued to work together out of comfort and a shared comedic language when they moved on to big-budget films