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Philip Morris ( (PM) ) has provided an announcement.
On February 19, 2025, PMI’s CEO Jacek Olczak and CFO Emmanuel Babeau addressed investors at the Consumer Analyst Group of New York Conference, emphasizing the company’s transition towards smoke-free products. The presentation highlighted PMI’s strategic focus on delivering superior returns to shareholders, expanding its presence in smoke-free markets, and achieving significant growth in smoke-free net revenues, aiming for $15 billion and entering over 100 markets by 2024. While PMI has faced challenges such as regulatory restrictions and economic uncertainties, the company remains optimistic about its future growth and industry positioning through continued innovation and market expansion.
More about Philip Morris
Philip Morris International Inc. (PMI) is a leading company in the tobacco industry, focusing on the development and commercialization of smoke-free products. The company is committed to transforming the tobacco industry by promoting smoke-free alternatives and reducing the prevalence of smoking.
YTD Price Performance: 22.87%
Average Trading Volume: 5,126,976
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $231.4B
For detailed information about PM stock, go to TipRanks’ Stock Analysis page.
