Philip Morris International to Host Webcast of 2024 Third-Quarter and First Nine-Months Results

Rhea-AI Summary

Philip Morris International (PMI) (NYSE: PM) will host a live audio webcast on October 22, 2024, at 9:00 a.m. ET to discuss its 2024 third-quarter and first nine-months results. The results will be issued at approximately 7:00 a.m. ET the same day. The webcast, hosted by CFO Emmanuel Babeau, will be available at www.pmi.com/2024Q3earnings and through PMI's Investor Relations App.

PMI is a leading tobacco company transitioning towards a smoke-free future. As of June 30, 2024, PMI's smoke-free products were available in 90 markets, with an estimated 36.5 million adult users. Smoke-free business accounted for approximately 38% of PMI's total first-half 2024 net revenues. The company is also expanding into wellness and healthcare areas through its Vectura Fertin Pharma business.

Positive

• Smoke-free business accounted for 38% of PMI's total first-half 2024 net revenues
• PMI's smoke-free products available in 90 markets
• Estimated 36.5 million adults use PMI's smoke-free products globally

Negative

• None.

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

Philip Morris International Inc. (PMI) (NYSE: PM) will host a live audio webcast at www.pmi.com/2024Q3earnings on Tuesday, October 22, 2024, at 9:00 a.m. ET, to discuss its 2024 third-quarter and first nine-months 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. 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/2024Q3earnings. The recording will be available until 5:00 p.m. ET on Friday, November 22, 2024.

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 and renewal applications for these products are presently 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. Smoke-free business accounted for approximately 38% of PMI’s total first-half 2024 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. "PMI" refers to Philip Morris International Inc. and 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/20241015779520/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 International (PM) release its Q3 2024 earnings?

Philip Morris International (PM) will release its 2024 third-quarter and first nine-months results on Tuesday, October 22, 2024, at approximately 7:00 a.m. ET.

How can I access PMI's (PM) Q3 2024 earnings webcast?

You can access PMI's Q3 2024 earnings webcast at www.pmi.com/2024Q3earnings on Tuesday, October 22, 2024, at 9:00 a.m. ET. The webcast can also be accessed through PMI's Investor Relations App.

What percentage of PMI's (PM) revenue came from smoke-free products in H1 2024?

Smoke-free business accounted for approximately 38% of PMI's total first-half 2024 net revenues.

How many markets offer PMI's (PM) smoke-free products as of June 30, 2024?

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