PMI CFO Emmanuel Babeau Discusses Strong Growth at Investor Conference

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Dec.06.2023

PMI CFO Emmanuel Babeau Discusses Strong Growth at Investor Conference

PMI CFO Emmanuel Babeau expects strong organic revenue growth and double-digit EPS growth by 2023, driven by the growing strength of their smoke-free product portfolio.

According to an official announcement on the website of Philip Morris International (PMI), Emmanuel Babeau, the Chief Financial Officer of PMI, addressed investors at the Morgan Stanley Global Consumer and Retail Conference held in New York on November 5th.

Baba expressed its anticipation of achieving remarkable organic revenue growth in 2023. Diluted earnings per share, adjusted for currency neutrality, are expected to witness a double-digit increase. "This is supported by the sustained strength of our smoke-free product portfolio, especially the two heavyweight brands, IQOS and ZYN," said Baba.

References:

[1] Philip Morris International Inc. Presents at 2023 Morgan Stanley Global Consumer & Retail Conference

Also Read:

[1] BAT and PMI Collaborate to Produce Cigarettes in Switzerland

[2] PMI introduces IQOS ILUMA in Morocco

[3] PMI Launches IQOS ILUMA in Emerging Markets

#North America #United States #PMI #Heated tobacco products

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