Philip Morris’s Third-Quarter Net Revenues Soar to $9.9 Billion, Surpassing Expectations

Philip Morris International Inc. (PMI) (NYSE: PM) has reported an exceptionally strong performance for the third quarter of 2024, achieving record quarterly net revenues and earnings per share (EPS). The company’s net revenues increased by 8.4% to $9.9 billion, with an organic growth rate of 11.6%. This growth was driven by a favorable pricing variance …

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