Philip Morris raises annual targets
The Stamford, Connecticut-based cigarette maker reports adjusted EPS growth (excluding currency effects) of 23.2% to $1.50 for the first three months of 2024, on revenues up 11% organically to $8.8 billion.
"Vigorous momentum in the smokeless business continues, with rapid growth in underlying volumes and accelerating organic net growth in revenues and gross profit", emphasizes CEO Jacek Olczak.
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