- Philip Morris International Inc. (PM, Financial) reaffirms its 2025 full-year reported diluted EPS forecast of $7.01 to $7.14.
- The adjusted diluted EPS forecast, excluding currency impacts, represents projected growth of 10.5% to 12.5%.
- PMI's smoke-free products accounted for 42% of total net revenues in Q1 2025.
Philip Morris International Inc. (PM) has reaffirmed its full-year 2025 forecast for reported diluted earnings per share (EPS) at $7.01 to $7.14, as announced earlier in April 2025. Excluding currency impacts, the adjusted diluted EPS is expected to grow between 10.5% and 12.5%, compared to $6.57 in 2024. The Chief Financial Officer, Emmanuel Babeau, addressed these projections at the 2025 dbAccess Global Consumer Conference in Paris.
PMI's focus on smoke-free products, which include heat-not-burn, nicotine pouch, and e-vapor options, continues to expand. As of the end of 2024, these products were available in 95 markets and used by approximately 38.6 million adults worldwide. In the first quarter of 2025, smoke-free products contributed to 42% of PMI's total net revenues. Since 2008, the company has invested over $14 billion to innovate and commercialize these products.
PMI's strategic emphasis on a smoke-free future aims to transition from traditional tobacco products, highlighted by the U.S. FDA's authorizations for marketing Swedish Match’s General snus and ZYN nicotine pouches, and PMI’s IQOS devices. With ongoing development in wellness and healthcare areas, PMI's long-term vision is to enhance life through innovative health experiences.
