Philip Morris International to Host Webcast of 2024 Fourth-Quarter and Full-Year Results

Rhea-AI Summary

Philip Morris International (NYSE: PM) has announced it will host a live audio webcast to discuss its 2024 Fourth-Quarter and Full-Year financial results on Thursday, February 6, 2025, at 9:00 a.m. ET. The financial results will be released at approximately 7:00 a.m. ET the same day.

The webcast will feature CEO Jacek Olczak and CFO Emmanuel Babeau, including a Q&A session with investors. The listen-only event will be accessible via PMI's website and Investor Relations App, with recordings available until March 7, 2025.

As of June 30, 2024, PMI's smoke-free products were available in 90 markets, with an estimated 36.5 million adult users worldwide. The smoke-free business represented approximately 38% of PMI's total first-nine months 2024 net revenues. Since 2008, PMI has invested over $12.5 billion in developing smoke-free products, including the acquisition of Swedish Match in 2022, creating a global smoke-free portfolio led by IQOS and ZYN brands.

STAMFORD, CT--(BUSINESS WIRE)-- Regulatory News:

Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2024Q4earnings on Thursday, February 6, 2025, at 9:00 a.m. ET, to discuss its 2024 Fourth-Quarter and Full-Year financial results, which will be issued at approximately 7:00 a.m. ET the same day.

The webcast will be hosted by Jacek Olczak, Chief Executive Officer, and Emmanuel Babeau, Chief Financial Officer, and will include discussion of PMI’s financial results and a Q&A session with the investment community. 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.

The webcast recording and the slides and script will be available at www.pmi.com/2024Q4earnings. The recording will be available until 5:00 p.m. ET on Friday, March 7, 2025.

Philip Morris International: Delivering a Smoke-Free Future

Philip Morris International (PMI) is a leading international tobacco company, actively delivering 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 over $12.5 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 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 has authorized versions of PMI’s IQOS devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products. Renewal applications for these IQOS products are pending before the FDA. As of June 30, 2024, PMI's smoke-free products were available for sale in 90 markets, and PMI estimates that 36.5 million adults around the world use PMI's smoke-free products. The smoke-free business accounted for approximately 38% of PMI’s total first-nine months 2024 net revenues. With a strong foundation and significant expertise in life sciences, PMI has a long-term ambition to expand into wellness and healthcare areas and aims to enhance life through the delivery of seamless health experiences. References to “PMI”, “we”, “our” and “us” mean Philip Morris International Inc., including its subsidiaries. For more information, please visit www.pmi.com and www.pmiscience.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250130592020/en/

Philip Morris International

Investor Relations:

Stamford, CT: +1 (203) 904 2410

Lausanne: +41 (0)58 242 4666

Email: InvestorRelations@pmi.com



Media: David Fraser

Lausanne: +41 (0)58 242 4500

Email: David.Fraser@pmi.com

Source: Philip Morris International

FAQ

When will Philip Morris (PM) release its Q4 2024 earnings?

Philip Morris International will release its Q4 and Full-Year 2024 earnings on Thursday, February 6, 2025, at approximately 7:00 a.m. ET.

What percentage of PM's revenue came from smoke-free products in 2024?

Smoke-free products accounted for approximately 38% of PMI's total first-nine months 2024 net revenues.

How many markets offer PM's smoke-free products as of 2024?

As of June 30, 2024, PMI's smoke-free products were available for sale in 90 markets.

How many users does PM have for its smoke-free products globally?

PMI estimates that 36.5 million adults around the world use their smoke-free products as of June 30, 2024.

How much has PM invested in smoke-free product development since 2008?

Since 2008, PMI has invested over $12.5 billion to develop, scientifically substantiate and commercialize innovative smoke-free products.

When will PM's Q4 2024 earnings webcast recording be available until?

The webcast recording will be available until 5:00 p.m. ET on Friday, March 7, 2025.