Philip Morris International Inc. (PMI)
Presents at the Consumer Analyst Group of New York (CAGNY) Conference
NEW YORK, Feb 17, 2010 (BUSINESS WIRE) -- Regulatory News:
Philip Morris International Inc.'s (NYSE / Paris Euronext: PM) Chief
Financial Officer, Hermann Waldemer, addresses investors today at the
CAGNY Conference in Boca Raton, Florida.
The presentation and Q&A session are being webcast live, in a
listen-only mode, beginning at approximately 9:15 a.m. ET, at www.pmintl.com.
An archived copy of the webcast, together with presentation remarks and
slides, will be available on the same site.
Highlights of the presentation include a brief overview of PMI's 2009
results, the company's outlook for 2010, including volume trends and
cigarette excise taxation, brand portfolio initiatives, productivity and
cost savings, cash flow enhancements and its strong commitment to
shareholder returns. PMI also reaffirms its forecast, announced on
February 11, for 2010 full-year reported diluted earnings per share to
be in a range of $3.75 to $3.85, at the then prevailing exchange rates,
versus $3.24 in 2009. Excluding currency, 2010 earnings per share are
projected to increase by 12-15%.
The presentation may contain projections of future results and other
forward-looking statements that involve a number of risks and
uncertainties and are made pursuant to the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995.
PMI is further subject to other risks detailed from time to time in its
publicly filed documents, including the Form 10-K for the year ended
December 31, 2008 and the Form 10-Q for the quarter ended September 30,
2009. PMI cautions that the foregoing list of important factors is not
complete and does not undertake to update any forward-looking statements
that it may make, except in the normal course of its public disclosure
About Philip Morris International Inc.
Philip Morris International Inc. (PMI) is the leading international
tobacco company, with seven of the world's top 15 brands, including Marlboro,
the number one cigarette brand worldwide. PMI has approximately 77,300
employees and its products are sold in approximately 160 countries. In
2009, the company held an estimated 15.4% share of the total
international cigarette market outside of the U.S., or 26.0% excluding
the People's Republic of China and the U.S. For more information, see www.pmintl.com.
Trademarks and service marks mentioned in this release are the property
of, or licensed by, the subsidiaries of PMI.
SOURCE: Philip Morris International Inc.
Investor Relations Philip Morris International Inc. New York: +1 917-663-2233 Lausanne: +41 (0)58 242 4666
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