Philip Morris International Inc at Barclays Global Consumer Staples Conference Transcript
Good morning, everyone. Thank you for being here. I'm Pallav Mittal, Head of Global Tobacco at Barclays. I'm thrilled to have Jacek Olczak here with me, CEO of Philip Morris. Thank you so much, Jacek, for giving us this opportunity to host you.
We will start with a few comments from Jacek, and then we'll move over to Q&A. Over to you, Jacek.
Thank you. Thank you for having me. I guess we are recovering from a long weekend, at least in the US. Some are recovering just from a jet lag, so everyone should have a bit of a forgiveness.
The standard slide in the beginning, including the forward-looking and our cautionary statements, which as always, we encourage you to read. And earlier today, we issued a press release revising our full-year guidance for currency only. So now, we're cruising at the spot rates at a favorable currency impact of about $0.24, at $0.24. We also gived an update how we see the
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