Philip Morris International Inc logo

Philip Morris International Inc

1
LTS:0M8V (USA)   Ordinary Shares
$ 96.50 (0%) Sep 12
Market Cap:
$ 193.81B
Enterprise V:
$ 238.14B
Volume:
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Avg Vol (2M):
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Volume:
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Avg Vol (2M):
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Business Description

Description
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.