Philip Morris continued to demonstrate a strong underlying momentum with positive volume that supported a better than expected top-line growth in the last quarter. The company delivered yet another all-around beat as net revenues of pro forma grew organically, which reflects continued strong growth in IQOS as well as the ongoing recovery of combustible business in various markets. Strong quarter pro forma user growth and continued excellent IQOS performance were very impressive. The volume of H ....

22 Oct 2022
Philip Morris International: Expansion In The Philippines, Swedish Match & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (10/22)

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Philip Morris International: Expansion In The Philippines, Swedish Match & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (10/22)
- Published:
22 Oct 2022 -
Author:
Ishan Majumdar -
Pages:
27 -
Philip Morris continued to demonstrate a strong underlying momentum with positive volume that supported a better than expected top-line growth in the last quarter. The company delivered yet another all-around beat as net revenues of pro forma grew organically, which reflects continued strong growth in IQOS as well as the ongoing recovery of combustible business in various markets. Strong quarter pro forma user growth and continued excellent IQOS performance were very impressive. The volume of H ....