A-Brands - Philip Morris International

Weak IQOS Shipments Drive Philip Morris' Q4 Disappointment

Philip Morris International missed estimates for fourth quarter profit and forecasts for 2024, with slowing sales of its flagship heated tobacco...

BAT Shores Up US Heated Tobacco Prospects As Competition Grows

British American Tobacco has submitted an application to market its Glo Hyper device as a reduced-risk product in the United States, its first movement in...

Philip Morris Names Navaneel Kar As Managing Director Of India Operations

Philip Morris International (PMI) has appointed Navaneel Kar as the managing director of its India operations, IPM India Wholesale Trading Private Limited...

Philip Morris Lifts Profit Forecast On Higher Pricing, ZYN Growth

Philip Morris International (PMI) has raised its annual profit forecast as third-quarter earnings beat expectations thanks to higher cigarette prices,...

Philip Morris Aims To Launch IQOS In Two US States In 2024

Philip Morris International said it plans to launch its flagship heated tobacco device IQOS in two US states in 2024 as it doubles down on its shift away f...

Philip Morris To Consider Stake Sale In Biggest Pharma Unit: Report

Marlboro maker Philip Morris International is considering selling a stake in Vectura, its biggest pharmaceutical unit, according to a Wall Street Journal r...

Philip Morris Beats Profit Estimates As Cost Pressures Ease Amid Steady Demand

Philip Morris International beat Wall Street expectations for quarterly profit, boosted by a let-up in soaring tobacco and labour costs and buoyant demand...

Philip Morris Trims Annual Profit Forecast On Elevated Costs

Marlboro maker Philip Morris International Inc cut its full-year profit forecast on Thursday, hit by rising tobacco leaf prices, energy and labour costs.