Philip Morris International Inc. recently held its Second-Quarter Conference Call on July 22, 2025, to discuss its financial performance for the first half of the year. The event was attended by James Bushnell and Emmanuel Babeau, the Chief Financial Officer. During the call, Emmanuel Babeau highlighted the company's strong performance, emphasizing the impressive growth in their smoke-free portfolio, which achieved a record $4 billion in net revenues. He stated, "We delivered an excellent set of H1 results following another very strong performance in the second quarter of 2025." He also noted that the company is on track to meet or exceed its three-year CAGR targets, with adjusted diluted EPS growth being a key objective. Additionally, the call addressed the resilience of their business model amidst external challenges, with no anticipated material impact from new tariffs. The management expressed confidence in continuing their strong performance throughout the year. The full transcript can be accessed through the link below.
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