PMI CFO Emmanuel Babeau Discusses Strong Growth at Investor Conference

PMI by 2FIRSTS.ai
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.

 

Notice

1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.

2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.

3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.

Copyright

This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.

This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.

Firstunion Launches World’s First Puff-to-Heat Product, PTH MASTER, Ushering in a New Era of Heated Tobacco
Firstunion Launches World’s First Puff-to-Heat Product, PTH MASTER, Ushering in a New Era of Heated Tobacco
On May 30, Firstunion Group globally launched the PTH MASTER, the world’s first puff-to-heat heated tobacco device. Featuring three major technological breakthroughs, it eliminates pre-heating delays and flavor inconsistencies while enabling instant activation, precise control, and on-demand pausing—ushering in a new era of heated tobacco.
Jun.05
UK's £10M Crackdown on Illegal E-Cigarettes Questioned; Industry Calls for Systemic Reform
UK's £10M Crackdown on Illegal E-Cigarettes Questioned; Industry Calls for Systemic Reform
The UK government has announced a £10 million fund to combat the sale of illegal tobacco and e-cigarettes. However, eCig Click, an independent e-cigarette platform, has questioned the long-term effectiveness and cost-benefit ratio of this policy. It argues that enforcement alone cannot address the root causes of the black market and has called for systemic regulatory reform and industry collaboration.
May.08 by 2FIRSTS.ai
Japan Tobacco to Discontinue Ploom X Advanced; Next-Generation Device Set for May 27 Launch
Japan Tobacco to Discontinue Ploom X Advanced; Next-Generation Device Set for May 27 Launch
Japan Tobacco (JT) has announced it will discontinue sales of its heated tobacco device “Ploom X Advanced” starting mid-May 2025. The company also revealed plans to launch the next-generation model in the series on May 27.
May.13 by 2FIRSTS.ai
Poland’s Disposable Vape Sales Drop 22%, Prices Set to Triple
Poland’s Disposable Vape Sales Drop 22%, Prices Set to Triple
Poland’s new excise tax on tobacco products is set to take effect in July 2025, imposing a levy of 40 zloty (around $10) per disposable e-cigarette containing e-liquid. Although the law has yet to be implemented, the market is already seeing a decline, with disposable vape sales in Q1 2025 down 22% yoy. Once the tax is enforced, prices are expected to rise from around $5 to nearly $13 per unit.
May.19 by 2FIRSTS.ai
Dublin Proposes to Ban New E-cigarette Stores in the City Center, With a Vote on May 15
Dublin Proposes to Ban New E-cigarette Stores in the City Center, With a Vote on May 15
The Dublin City Council in Ireland is reviewing Ordinance No. 2503, which aims to prohibit the opening of new e-cigarette stores within the city center. The proposal will undergo its second reading at Dublin City Hall on May 15, followed by a public hearing and vote at a subsequent council meeting.
May.06 by 2FIRSTS.ai
Word Vape Show Insights| Divergent Brand-Overseas Routes: UK Brands Target the Middle East, Southeast Asian Brands Land in Africa, and US Hits Struggling for Exports?
Word Vape Show Insights| Divergent Brand-Overseas Routes: UK Brands Target the Middle East, Southeast Asian Brands Land in Africa, and US Hits Struggling for Exports?
At the 2025 Dubai World Vape Show, 2Firsts observed a clear trend: global vape brands are speeding up their overseas expansion, but their routes are parting.
Jun.20 by 2FIRSTS.ai