INTERNATIONAL & USA PRESS INQUIRIES
Please contact David Fraser for international media inquiries
Please contact Corey Henry for USA media inquiries
May 24, 2019
Philip Morris International Inc. (PMI) Presents at Morgan Stanley Global Consumer & Retail Conference
The presentation and Q&A session are being webcast live, in a
listen-only mode, beginning at approximately 12
The presentation will include the following key highlights:
The company reaffirmed its forecast for 2009 reported full-year
diluted earnings per share of
$3.20 to $3.25, stated in its third-quarter results on October 22, 2009, and announced it expects to be at the high end of the range. Excluding currency at the then prevailing exchange rates, diluted earnings per share are projected to increase by approximately 12%-14%;
The company announced a new initiative to generate an additional
$750 million to $1.0 billionin cash through improvements in working capital over the period 2010-2012;
March 2008spin-off, $15 billionhas been returned to the company’s shareholders, through dividends and share repurchases, representing more than 15% of its current market capitalization.
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 subject to other risks detailed from time to time in its publicly
filed documents, including those described under Item 1A, “Risk Factors”
in PMI’s Form 10-K for the year ended
For more information, see www.pmintl.com.
Philip Morris International Inc.
New York, +1 (917) 663 2233
Lausanne, +41 (0)58 242 4666