Philip Morris International Inc. has reaffirmed its full-year forecast for 2025, projecting a reported diluted EPS between $7.01 and $7.14. The company also anticipates an adjusted diluted EPS ranging from $7.36 to $7.49, representing a growth of 12% to 14%. When excluding currency impacts, the adjusted diluted EPS growth is expected to be between 10.5% and 12.5%. As of December 31, 2024, Philip Morris International reported that its smoke-free products, which include heat-not-burn, nicotine pouch, and e-vapor products, were available in 95 markets globally. These products accounted for 42% of the company's total net revenues in the first quarter of 2025. The company estimates that 38.6 million adults worldwide used its smoke-free products by the end of 2024. Since 2008, Philip Morris International has invested over $14 billion to develop, substantiate, and commercialize these innovative smoke-free products. In terms of adjustments, the company reported various charges impacting its earnings, including restructuring charges, impairment of intangibles, and a loss on the sale of Vectura Group. The company highlighted a total adjustment of $2.05 per share for the year 2024. Philip Morris International continues to focus on transitioning towards a smoke-free future, evolving its portfolio beyond traditional tobacco and nicotine products.