Philip Morris International Inc (MIL:1PM)

€ 116.48 -1.28 (-1.09%) Market Cap: 181.84 Bil Enterprise Value: 223.49 Bil PE Ratio: 19.65 PB Ratio: 0 GF Score: 61/100

Philip Morris International Inc at Goldman Sachs Global Staples Forum Transcript

May 14, 2019 / 12:15PM GMT

Transcript

Judy Eunjoo Hong

Goldman Sachs Group Inc., Research Division - MD, Senior Analyst & Co-Head of the GIR Asian Professionals Network

So I'm thrilled to kick off this year's conference with Philip Morris International's CFO, Martin King. This is actually his first time joining us for the conference. So welcome.

So PM continues to advance its vision of creating a smoke-free future with heated tobacco systems IQOS continuing to gain traction across the world while also keeping its eye on the combustible business. Now after a long wait, we are also excited that the FDA has granted a marketing order for IQOS in the U.S. just a few weeks ago. So we look forward to discussing the IQOS progress and its outlook for the base combustible business with Martin.

Well, welcome. I know you have one slide presentation. So why don't we...

Martin Gray King

Philip Morris International Inc. - CFO

Yes. Thanks for having me, Judy. I thought I'd start off by giving a quick overview of where we are in the business and you just the forward-looking cautionary

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