Philip Morris International Inc logo

Philip Morris International Inc

LTS:0M8V (USA)   Ordinary Shares
$ 96.50 (0%) Apr 26
Market Cap:
$ 147.71B
Enterprise V:
$ 194.13B
Volume:
1.59K
Avg Vol (2M):
158.73K
Also Trade In:
Volume:
1.59K
Avg Vol (2M):
158.73K

Business Description

Description
Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the acquisition in 2022 of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the US and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.