Philip Morris International Inc (XTER:4I1)
€ 120.52 1.24 (1.04%) Market Cap: 189.02 Bil Enterprise Value: 230.37 Bil PE Ratio: 20.69 PB Ratio: 0 GF Score: 80/100

Philip Morris International Inc at Barclays Consumer Staples Conference (Virtual) Transcript

Sep 06, 2022 / 05:30PM GMT
Release Date Price: €95.62 (-2.43%)
Gaurav Jain
Barclays Bank PLC, Research Division - Research Analyst

Good afternoon, everyone. Thank you for being here. I'm Gaurav Jain, Barclay's Global Tobacco and Cannabis analyst. With me here is Emmanuel Babeau, CFO of Philip Morris International. Good afternoon, everybody. Thank you for giving us the opportunity to host you.

Emmanuel Babeau
Philip Morris International Inc. - CFO

Great pleasure to be here.

Gaurav Jain
Barclays Bank PLC, Research Division - Research Analyst

Sure. So we have about 35 minutes, a lot of questions to go on.

Questions & Answers

Gaurav Jain
Barclays Bank PLC, Research Division - Research Analyst

So let's just talk about, I guess, the key question on everyone's mind, which is the current macro scenario, especially in Europe. And what has been amazing is how strong European cigarette volumes have been this year as well as the last few years? And I think they are running at actually the same levels as what (inaudible) FY '17. So

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