BRIEF-PMI CEO Says Growth Targets Set For 2026-2028 Not Materially Dependent On IQOS Iluma U.S. Launch

+1.55%

Philip Morris International Inc.

174.66

+1.55%

Feb 6 (Reuters) - Philip Morris International Inc PM.N:

PMI CFO EMMANUEL BABEAU: HAVE SUBMITTED APPLICATION TO INCREASE IQOS PRICES IN JAPAN, EXPECT THESE INCREASES TO IMPACT OUR BUSINESS - CONF CALL
PMI CFO: ESTIMATE THERE REMAIN AROUND 25 MILLION CAN OF SURPLUS INVENTORY FOR ZYN IN DOWNSTREAM SUPPLY CHAIN
PMI CEO JACEK OLCZAK: IQOS IS ENTERING CHALLENGING PERIOD REGARDING PRICE AND EXCISE TAX IN JAPAN IN STRONG POSITION
PMI CEO: GROWTH TARGETS SET FOR 2026-2028 ARE NOT MATERIALLY DEPENDENT ON IQOS ILUMA LAUNCH IN U.S., THOUGH WE DO EXPECT SOME VOLUMES

Further company coverage: PM.N

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