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Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast on July 20, 2023, at 9:00 a.m. ET to discuss its 2023 second-quarter and first-half results. The webcast will be hosted by Emmanuel Babeau, Chief Financial Officer, and will include discussion of PMI’s financial results and a Q&A session with the investment community and news media. PMI is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio to include products outside of the tobacco and nicotine sector. PMI's smoke-free products were available for sale in 78 markets as of March 31, 2023, and accounted for approximately 35% of PMI’s total 2023 first-quarter net revenues.
Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2023Q2earnings on Thursday, July 20, 2023, at 9:00 a.m. ET, to discuss its 2023 second-quarter and first-half results, which will be issued at approximately 7:00 a.m. ET the same day.
The webcast will be hosted by Emmanuel Babeau, Chief Financial Officer, and will include discussion of PMI’s financial results and a Q&A session with the investment community and news media. The webcast will be in a listen-only mode.
The webcast may also be accessed on mobile devices by downloading PMI’s Investor Relations App at www.pmi.com/irapp.
An archived recording of the webcast, in addition to the slides and script, will be available at www.pmi.com/2023Q2earnings. The webcast recording will be available until 5:00 p.m. ET on Friday, August 18, 2023.
Philip Morris International: Delivering a Smoke-Free Future
Philip Morris International (PMI) is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. The company’s current product portfolio primarily consists of cigarettes and smoke-free products. Since 2008, PMI has invested more than USD 10.5 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. In November 2022, PMI acquired Swedish Match – a leader in oral nicotine delivery – creating a global smoke-free champion led by the companies’ IQOS and ZYN brands. The U.S. Food and Drug Administration (FDA) has authorized versions of PMI’s IQOS Platform 1 devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products (MRTPs). As of March 31, 2023, PMI's smoke-free products were available for sale in 78 markets, and PMI estimates that approximately 18.5 million adults around the world had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 35% of PMI’s total 2023 first-quarter net revenues. With a strong foundation and significant expertise in life sciences, PMI announced in February 2021 its ambition to expand into wellness and healthcare areas and, through its Vectura Fertin Pharma business, aims to enhance life through the delivery of seamless health experiences. For more information, please visit www.pmi.com and www.pmiscience.com.
What is the date and time of the live webcast hosted by Philip Morris International Inc. (PMI)?
The live webcast will be held on Thursday, July 20, 2023, at 9:00 a.m. ET.
What percentage of PMI’s total 2023 first-quarter net revenues did the smoke-free products account for?
Smoke-free products accounted for approximately 35% of PMI’s total 2023 first-quarter net revenues.
What is the goal of PMI in relation to its smoke-free products?
PMI aims to completely end the sale of cigarettes by developing and commercializing innovative smoke-free products for adults who would otherwise continue to smoke.
How many markets were PMI's smoke-free products available for sale in as of March 31, 2023?
PMI's smoke-free products were available for sale in 78 markets as of March 31, 2023.
What is PMI's ambition announced in February 2021?
PMI announced its ambition to expand into wellness and healthcare areas and aims to enhance life through the delivery of seamless health experiences.
