Sep 06, 2022 / 05:30PM GMT
Gaurav Jain - Barclays Bank PLC, Research Division - Research Analyst
Good afternoon, everyone. Thank you for being here. I'm Gaurav Jain, Barclay's Global Tobacco and Cannabis analyst. With me here is Emmanuel Babeau, CFO of Philip Morris International. Good afternoon, everybody. Thank you for giving us the opportunity to host you.
Emmanuel Babeau - Philip Morris International Inc. - CFO
Great pleasure to be here.
Gaurav Jain - Barclays Bank PLC, Research Division - Research Analyst
Sure. So we have about 35 minutes, a lot of questions to go on.
Questions and Answers:
Gaurav Jain - Barclays Bank PLC, Research Division - Research AnalystSo let's just talk about, I guess, the key question on everyone's mind, which is the current macro scenario, especially in Europe. And what has been amazing is how strong European cigarette volumes have been this year as well as the last few years? And I think they are running at actually the same levels as what (inaudible) FY '17. So
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