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News analysis

PMI reveals ‘solid performance’, with significant growth in its HnB portfolio

Written by || 22nd April 2022 || News analysis | Heated tobacco | Iqos | Major brands | GeographiesAsia Europe Japan North America Russia Spain Switzerland Ukraine United States World

Philip Morris International (PMI) saw positive numbers for the first quarter of 2022, with Iqos Iluma performing well in Japan, Switzerland and Spain.

The company revealed it is actively working to address the impact of the war in Ukraine. Given the uncertainty and volatility over its operations in Russia and Ukraine, PMI has provided figures and comparisons on a pro forma basis, excluding its operations in these two markets.

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Antonia Di Lorenzo

Newsdesk editor/EU lead reporter
Antonia is a member of the editorial team and holds a masters degree in Law from the University of Naples Federico II, Italy. She moved in 2013 to London, where she completed a postgraduate course at the London School of Journalism. In the UK, she worked as a news reporter for a financial newswire and a magazine before moving to Barcelona in 2019.

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