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PMI: Q2 2023 Results

By Tobacco InsiderIn All, companies, philip morrisPosted

Key Business Metrics1 Revenue: up +10.5% to $8.97Bn (expected $8.7Bn) Adjusted diluted EPS: up +16.9% to $1.60 (expected $1.48) Total volume: up +3.3% to 188.4Bn (HnB volume: +26.6% to 31.4Bn; cigarette volume: -0.4% to 157Bn) Smoke-free revenue: $3.2Bn => 35.4% of total revenue (2025 target: 50%) Key Highlights - Combustibles:...

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