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PMI leads the market, with IQOS holding 76% to 77% of global heated tobacco unit volume from 2025 into Q1 2026 and more than 43 million legal-age users of its smoke-free products in 2025, backed by more than USD 16 billion in cumulative smoke-free R&D spending since 2008
We could go on and on with the many amazing things about these boxes and how they add a hint of value and charm to your items
A slightly stretched valuation does little to upset prospects, with the market consensus of the shares as a buy reflecting ongoing optimism that the group can continue to flourish in a new world
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