Philip Morris ended 2022 on a positive note and delivered another all-around beat. The company's volume increased significantly due to the ongoing IQOS development and steady cigarette volume. Over a third of the total Philip Morris and more than 50% in 70 markets had smoke-free net revenues for the entire year. This represents significant progress towards their goal of having a smoke-free workplace for the majority of their net revenues by 2025. In-market sales and shipment volumes for IQOS inc ....

18 Feb 2023
Philip Morris International Inc.: Extended Long-Term Agreement With KT&G & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (02/23)

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Philip Morris International Inc.: Extended Long-Term Agreement With KT&G & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (02/23)
- Published:
18 Feb 2023 -
Author:
Ishan Majumdar -
Pages:
27 -
Philip Morris ended 2022 on a positive note and delivered another all-around beat. The company's volume increased significantly due to the ongoing IQOS development and steady cigarette volume. Over a third of the total Philip Morris and more than 50% in 70 markets had smoke-free net revenues for the entire year. This represents significant progress towards their goal of having a smoke-free workplace for the majority of their net revenues by 2025. In-market sales and shipment volumes for IQOS inc ....