Philip Morris International Inc (FRA:4I1)
€ 91.58 0.55 (0.6%) Market Cap: 143.72 Bil Enterprise Value: 186.78 Bil PE Ratio: 19.46 PB Ratio: 0 GF Score: 79/100

Philip Morris International Inc at Consumer Analyst Group of New York Conference Transcript

Feb 20, 2019 / 07:00PM GMT
Release Date Price: €74.63 (+1.98%)
Janet Chi;Ying King;Sekino
Consumer Analyst Group of New York - Director

Hi. Please join me in welcoming Philip Morris International back to CAGNY, and thanking them for sponsoring the break immediately following this presentation. It is a dynamic period for the tobacco industry as companies balance the core cigarette business and the transition to reduced-risk products. PMI has been ahead of the curve towards creating a smoke-free future with its heat-not-burn iQOS product, which today has over 9.5 million users and $4 billion in revenues. PMI is successfully managing the transition from cigarettes to reduced-risk products with its market share increasing to its highest level since 2008 at over 28%. Here today to walk us through its strategy and vision, please welcome Chief Executive Officer, André Calantzopoulos.

AndrÃ;Calantzopoulos
Philip Morris International Inc. - CEO & Director

© -

Thank you, Janet. And it's my great pleasure to be back at CAGNY. Let me extend a warm welcome to those joining us on the

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