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Philip Morris International to Present at 2023 Morgan Stanley Global Consumer & Retail Conference
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Rhea-AI Summary
Philip Morris International Inc. (PMI) (NYSE: PM) Chief Financial Officer, Emmanuel Babeau, will hold a Fireside Chat Q&A session at the 2023 Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 5, 2023, at 09:30 a.m. ET. 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. 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. 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. As of September 30, 2023, PMI's smoke-free products were available for sale in 82 markets, and PMI estimates that approximately 19.7 million adults around the world had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 36.2% of PMI’s total third-quarter 2023 net revenues. 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.
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STAMFORD, CT--(BUSINESS WIRE)--
Regulatory News:
Philip Morris International Inc. (PMI) (NYSE: PM)’s Chief Financial Officer, Emmanuel Babeau, will hold a Fireside Chat Q&A session at the 2023 Morgan Stanley Global Consumer & Retail Conference on Tuesday, December 5, 2023, at 09:30 a.m. ET.
The live webcast will be available at www.pmi.com/2023morganstanley. The webcast replay will be available at the same link until Friday, January 5, 2024.
The webcast may also be accessed on mobile devices by downloading PMI’s Investor Relations App at www.pmi.com/irapp.
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 has authorized versions of PMI’s IQOS Platform 1 devices and consumables and Swedish Match’s General snus as Modified Risk Tobacco Products. As of September 30, 2023, PMI's smoke-free products were available for sale in 82 markets, and PMI estimates that approximately 19.7 million adults around the world had already switched to IQOS and stopped smoking. Smoke-free products accounted for approximately 36.2% of PMI’s total third-quarter 2023 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 Fireside Chat Q&A session at the 2023 Morgan Stanley Global Consumer & Retail Conference for Philip Morris International Inc. (PMI) (NYSE: PM)?
The Fireside Chat Q&A session is scheduled for Tuesday, December 5, 2023, at 09:30 a.m. ET.
What is the main focus of Philip Morris International Inc. (PMI) (NYSE: PM)?
PMI is 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.
How much has PMI invested in developing 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.
What acquisition did PMI make 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.
How many markets were PMI's smoke-free products available for sale in as of September 30, 2023?
PMI's smoke-free products were available for sale in 82 markets as of September 30, 2023.
What percentage of PMI’s total third-quarter 2023 net revenues did smoke-free products account for?
Smoke-free products accounted for approximately 36.2% of PMI’s total third-quarter 2023 net revenues.
What was PMI's ambition announced in February 2021?
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.
