Philip Morris International Inc at Consumer Analyst Group of New York Conference Transcript
Hi. Please join me in welcoming Philip Morris International back to CAGNY, and thanking them for sponsoring the break immediately following this presentation. It is a dynamic period for the tobacco industry as companies balance the core cigarette business and the transition to reduced-risk products. PMI has been ahead of the curve towards creating a smoke-free future with its heat-not-burn iQOS product, which today has over 9.5 million users and $4 billion in revenues. PMI is successfully managing the transition from cigarettes to reduced-risk products with its market share increasing to its highest level since 2008 at over 28%. Here today to walk us through its strategy and vision, please welcome Chief Executive Officer, André Calantzopoulos.
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Thank you, Janet. And it's my great pleasure to be back at CAGNY. Let me extend a warm welcome to those joining us on the
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