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

🔲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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