Philip Morris (PM) has provided an update.
Philip Morris International Inc. has announced changes to its segment reporting after integrating Swedish Match into its business structure, combining the new acquisition’s results with its four geographic segments. The company reassured investors that this update is reflected in recast historical data on its website and does not affect its previously reported financials. This move aims to provide clearer insights without altering past financial statements, maintaining transparency for stakeholders tracking PMI’s performance across its global markets.
See more data about PM stock on TipRanks’ Stock Analysis page.
