PMI – Q2 2023: What to watch out for?

Guidance & Expectations EPS (adjusted diluted): $1.42-$1.47, including an unfavorable FX impact of $0.13/share (revised as "towards the top-end" at the DB conference) Heated Tobacco Volume: 30-32Bn units (revised as 31-32Bn units at the DB conference) Operating Income Margin: significant sequential improvement, up to 100 bps vs. Q1 2023 Analyst...

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