Philip Morris International Q4 2025 Earnings Call Transcript: A Summary
ByAinvest
Friday, Feb 6, 2026 1:47 pm ET1min read
PM--
Philip Morris International (PM) reported Q4 2025 earnings, with Group CEO Jacek Olczak and CFO Emmanuel Babeau presenting the results. The company's revenue for the quarter was $25.4 billion, a decrease of 6.4% year-over-year. The decline was mainly due to lower prices and volumes in the developed markets. However, PM's smoke-free product sales grew by 15.6% year-over-year, driven by strong performances in the heated tobacco and oral nicotine products categories.
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