Full Year Report January – December 2021
Highlights for the full year and the fourth quarter · Record full year sales and operating profit with double-digit growth in both revenues and earnings in local currencies across all product segments. · Impressive performance for the Smokefree product segment with strong growth in both the US and Scandinavia. Growing demand for natural leaf cigars drove the robust full year local currency financial performance for the Cigars product segment. Strong underlying performance for the Lights product segment. · Strong financial performance in the fourth quarter driven by Smokefree with