In a regulatory 8-K filing last night, the company stated: "In an employee town hall held by PMI earlier today, CEO Jacek Olczak commented with respect to preliminary 2022 results that the Company has "landed the year pretty well, very well actually. PMI expects to deliver full-year 2022 results broadly in line with its forecast provided on October 20, 2022 for organic pro forma net revenue growth, pro forma heated tobacco unit shipment volumes and pro forma currency-neutral growth in adjusted diluted EPS, excluding the impact of the acquisition of Swedish Match AB. The Company expects IQOS user growth in the fourth quarter of 2022 to be at a similar level to the third quarter of 2022 with, it believes, a higher-than-expected impact from reduced commercial activity and lower acquisition for IQOS blade products in anticipation of the launch of IQOS ILUMA in certain key markets."
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on PM:
- Philip Morris’ stock about to get ‘smoking hot,’ Barron’s says
- Philip Morris resumed with a Neutral at Citi
- Supreme Court declines to halt California flavored tobacco ban, Bloomberg says
- Seeking Large Dividends? Check Out These 9 Stocks for 2023
- Philip Morris Holland Holdings becomes owner of 93.11% of Swedish Match shares
