tobacco 1800s Farming the Old Way Lancaster Tobacco History — Demuth

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and AME 2,3 Reported profit from operations up 265% (with reported operating margin up 28.4 ppts to 39.0%), largely due to the movement in the Canadian settlement provision Adjusted profit from operations 1,2,3 up 2.3%, adjusted operating margin 1,2,3 at 44.0% (flat vs FY24) Reported diluted EPS up 157% to 349.1p, with adjusted diluted EPS 1, 2,3 up 3.4% Confident in sustainably delivering mid-term growth algorithm, 2026 performance expected at the lower end of the range On track to reduce leverage 3 to within 2.0-2.5x by end 2026, supported by continued strong cash conversion Dividend growth of 2.0% to 245.04p and a 1.3 billion share buy-back in 2026 Change in Group Revenue: Change in Profit from Operations: Change in Group diluted EPS: Notes 1

More anise heavy to my nose than tobacco or honey

Still, the effort should be recognized as should the potential returns for investing in tobacco stocks

Spread out to avoid being hit with Multi-Shot too often