Cigarette Maker Carreras Slashes Admin Costs, Sees Revenue Growth – Dec 2020 Results

February 23, 2021

?Revenues⬆️+10.0% to J$4b
?Margins lower as cost of goods⬆️by 12.4%
?Admin costs slashed?by 39.3% from $841m to $510m
?Profits⬆️+46.6%?
?Co has $2.2b cash balance and positive operating and Free Cash Flow?

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