May 18, 2021 / 01:40PM GMT
Bonnie Lee Herzog - Goldman Sachs Group, Inc., Research Division - Research Analyst
Good morning, everyone. Thanks for joining us today. It's a pleasure to introduce the next speaker of our virtual conference this year, Jacek Olczak, who is the new CEO of Philip Morris International. We're especially pleased to have Jacek with us today since this is his first public event, I believe, as CEO, so congratulations, Jacek.
Well, it's been a very exciting time for Philip Morris as the company has made tremendous progress on its smoke-free transformation with roughly 30% of its revenues now coming from reduced risk products. Now over the past year, we've seen IQOS increase its traction globally, fueled by the enormous compounding effect of new user acquisitions, strong innovation and a powerful digital marketing model that really, in my view, continues to set Philip Morris apart from the pack.
Now with that, there's a lot to discuss this morning. So I'm going to first turn it over to Jacek for some opening remarks, and then we're going to go right into our fireside chat. But just as a quick
Philip Morris International Inc at Goldman Sachs Global Staples Forum (Virtual) Transcript
Jan 23, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers