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The tobacco company Philip Morris thought so in a 1986 report: "Raising the legal minimum age for cigarette purchaser to 21 could gut our key young adult market (17-20)." The Institute of Medicine agreed, predicting that were the minimum age for the sale of tobacco products 21, over time, the adult smoking rate would decline by about 12 percent and smoking-related deaths would decline by 10 percent

Full details of the case and the assessment of goodwill will be included in the Group's Annual Report and Accounts and Form 20-F for the year ended 31 December 2023 (note 10 Taxation on ordinary activities)

After that, youll be able to see a noticeable difference in your smile

Performance of both traditional cigarettes and new category products in this crucial market will be a primary focus for investors

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