Philip Morris International Inc. reports strong indications of steady growth, underpinned by its dedicated transformation towards smoke-free products, which currently make up 39% of the total revenue. The company's stock has hit record highs and is considered a favorite amongst institutional and hedge fund investors. PMI's forth-quarter and full-year 2024 results highlighted strong financial performance with notable cash flow and a regular quarterly dividend of $1.35 per share.
On top of this, Philip Morris anticipates future growth and reaffirms its full-year forecast for 2025. The company’s robust financial health remains attractive for investors with consistent dividend payouts and commendable earnings per share (EPS) growth. Furthermore, PMI seems committed to advancing tech innovation; however, concerns about misinformation are growing, according to a recent survey by the company.
Philip Morris' U.S. Affiliate has revealed plans to create 500 jobs in Aurora, CO by investing $600 million in a manufacturing facility. Additionally, the company's executive sold stock worth $562,739 and is pursuing the potential sale of its U.S cigar business for approximately $1 billion.
Philip Morris International PM News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Fri, 21 Mar 2025 23:39:13 GMT - Rating 8 - Innovation 2 - Information 9 - Rumor 6
