SMOKES AND MIRRORS: PHILIP MORRIS CRUSHES EXPECTATIONS WITH STUNNING Q4 RESULTS!
SHOCKING REVENUE INCREASES REVEALED!
In a jaw-dropping twist, shares of Philip Morris International Inc. skyrocketed by a staggering 10% on Thursday! How did they do it? Better-than-expected earnings that have Wall Street buzzing and investors grinning from ear to ear! Brace yourself – net revenues soared 7.3% from last year, reaching an eye-popping $9.7 billion, shattering estimates of just $9.4 billion. Talk about blowing the roof off!
SMOKE-FREE REVOLUTION IS HERE!
But wait, there’s more! The smoke-free sector is on FIRE! Revenue from this game-changing segment surged by 9.2%, while gross profit skyrocketed by a whopping 15.1%! This revolution now accounts for a massive 40% of total revenues! Philip Morris is lighting up global markets with smoke-free options available in 95 countries and over 38 million willing adult users. It’s clear – the tide is turning in favor of healthier choices!
IQOS AND ZYN DOMINATE THE MARKET!
With IQOS and ZYN leading the charge, Philip Morris is laughing all the way to the bank! Adjusted in-market sales of heated tobacco units exploded by 13%, with IQOS capturing a thrilling 30.6% market share in Japan alone! While Europe isn’t far behind with a solid 10.6%. There’s no stopping this juggernaut, especially in hot markets like Spain, Bulgaria, and Germany!
Let’s not forget ZYN, which is crushing it in the nicotine pouch game! Shipment volume? A staggering 165 million cans – up a jaw-dropping 42% this quarter! With ZYN holding a commanding 65.9% of the market share, it’s clear that Philip Morris is playing the long game and winning big!
COMBUSTIBLES STAY STRONG IN THE GAME!
The combustibles are not out of the race either! While the smoke-free sector shines, the traditional cigarettes division also saw revenue boost by 6%! High single-digit pricing and volume increases in countries like Turkey, India, and Brazil prove that there’s still some smoke left in the game!
BOLD OUTLOOK FOR 2025!
But hold onto your hats – the excitement doesn’t stop here! Philip Morris is forecasting a robust organic revenue growth of 6-8% for fiscal year 2025, with GAAP EPS projected to be between $6.55 and $6.68. Adjusted EPS? A striking $7.04 to $7.17, showcasing a jaw-dropping year-over-year jump of 7.2-9.1%. Don’t miss out – total cigarette and smoke-free product shipment volume is set to grow by an astounding 2% led by an even more impressive 12-14% surge in smoke-free products!
As Philip Morris continues to disrupt and dominate the market, one thing is clear – the future looks bright and profitable. Hold on tight, this rollercoaster ride of financial success is just getting started!
