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151.58000 EUR
0.28
0.18%
Last update Jun 5, 8:05 AM CEST
Market closed
Day range
151.58000
151.58000
Previous close
151.86000
Open
151.58000
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Philip Morris International Inc.
151.58
0.28
0.18%

Overview

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Description

Philip Morris International Inc. is a tobacco company with products sold in over 180 countries. The company operates through a diverse portfolio of brands, including Marlboro, its most recognized cigarette brand, alongside innovative smoke-free products such as Iqos heated tobacco devices, Zyn nicotine pouches, and electronic cigarettes. Iqos has emerged as a significant revenue driver, surpassing Marlboro in net revenue as of late 2023. PMI maintains a substantial research and development presence, particularly in Switzerland, where it focuses on developing reduced-harm nicotine delivery alternatives. The company serves consumers across multiple markets through traditional distribution channels and partnerships with retailers and distributors worldwide. With operational headquarters in Lausanne, Switzerland, and its legal seat in Stamford, Connecticut, Philip Morris International operates as an independent entity following its 2008 spinoff from Altria Group, positioning itself as a major player in both combustible and smoke-free tobacco markets globally.

About

CEO
Mr. Jacek Olczak
Employees
84900
Address
677 Washington Boulevard
Suite 1100
Stamford, 06901, CT
United States
Phone
203 905 2410
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Tobacco
Country
Germany
MIC code
XMUN
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