Philip Morris ČR a.s. H1 2025 Revenues Up 2.9% to CZK 10.7 Billion; Net Profit Down 13.3% to CZK 1.6 Billion

Reuters
Sep 30
Philip Morris ČR a.s. H1 2025 Revenues Up 2.9% to CZK 10.7 Billion; Net Profit Down 13.3% to CZK 1.6 Billion

Philip Morris ČR a.s. reported consolidated revenues of CZK 10.7 billion for the first half of 2025, an increase of 2.9% compared to the same period in 2024. Consolidated net profit for the period was CZK 1.6 billion, down 13.3% from the previous year. The company's total shipments of nicotine products in the Czech Republic and Slovakia declined by 4.6% to 4.6 billion units, reflecting a continued drop in consumer demand for traditional cigarettes. In contrast, sales of smoke-free products in these markets increased by 100 million units year-on-year. Revenue growth was attributed primarily to favorable pricing across both traditional and smoke-free products, contributing CZK 0.5 billion, along with increased sales of smoke-free alternatives, which added CZK 0.2 billion. Operating profit decreased by 12.6% to CZK 1.9 billion, with the company noting the impact of lower sales volumes and targeted investments to support long-term performance. Key business updates during the first half of 2025 included the launch of ZYN nicotine pouches in the Czech Republic, the introduction of the updated IQOS ILUMA i heated tobacco device, and the limited edition of the VEEV ONE Perspectives e-vapor. The company continues to focus on expanding its portfolio of smoke-free products in the Czech Republic and Slovakia.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Philip Morris CR a.s. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.

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