PMI CFO Emmanuel Babeau Discusses Strong Growth at Investor Conference

PMI by 2FIRSTS.ai
Dec.06.2023
PMI CFO Emmanuel Babeau Discusses Strong Growth at Investor Conference
PMI CFO Emmanuel Babeau expects strong organic revenue growth and double-digit EPS growth by 2023, driven by the growing strength of their smoke-free product portfolio.

According to an official announcement on the website of Philip Morris International (PMI), Emmanuel Babeau, the Chief Financial Officer of PMI, addressed investors at the Morgan Stanley Global Consumer and Retail Conference held in New York on November 5th.

 

Baba expressed its anticipation of achieving remarkable organic revenue growth in 2023. Diluted earnings per share, adjusted for currency neutrality, are expected to witness a double-digit increase. "This is supported by the sustained strength of our smoke-free product portfolio, especially the two heavyweight brands, IQOS and ZYN," said Baba.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Malaysian Authorities Seize $30,000 Worth of Vape Products; 43-Year-Old Man Under Investigation
Malaysian Authorities Seize $30,000 Worth of Vape Products; 43-Year-Old Man Under Investigation
Malaysian GOF seized 1,242 bottles of vape liquid and 36 boxes of devices worth RM125,000 ($30,000) in Tanah Merah. A 43-year-old man is under investigation for lacking valid documents and storage permits. The case is being processed under MDTM regulations.
Jul.23 by 2FIRSTS.ai
WHO Representative in Malaysia: Country Should Follow Neighbors in Implementing a Full E-cigarette Ban
WHO Representative in Malaysia: Country Should Follow Neighbors in Implementing a Full E-cigarette Ban
The World Health Organization’s representative in Malaysia has called for a nationwide ban on e-cigarettes, citing regulatory gaps that put children and adolescents at risk. While some Malaysian states have imposed bans, a unified national policy is needed to close enforcement loopholes.
Jul.28 by 2FIRSTS.ai
Heated Tobacco Battle Heats Up in South Korea: KT&G Launches Half-Price Promotion, PMI Ramps Up Marketing
Heated Tobacco Battle Heats Up in South Korea: KT&G Launches Half-Price Promotion, PMI Ramps Up Marketing
KT&G and Philip Morris Korea are locked in fierce competition in South Korea’s heated tobacco market. KT&G is offering its new Lil Solid Easy at half price, while Philip Morris is targeting youth through music festival campaigns. With just a 1% market share gap, the battle is intensifying.
Jul.04 by 2FIRSTS.ai
Product | Clear Tank + 40,000 Puffs: EBCREATE BC PRO 40K Launches in the U.S.
Product | Clear Tank + 40,000 Puffs: EBCREATE BC PRO 40K Launches in the U.S.
EBCREATE BC PRO 40K disposable e-cigarette with Clear Tank design hits US market at $24.99.
Aug.13 by 2FIRSTS.ai
Pakistan Plans to Implement Mandatory Standards for Nicotine Pouches; Industry Calls for Protection of Local Manufacturers
Pakistan Plans to Implement Mandatory Standards for Nicotine Pouches; Industry Calls for Protection of Local Manufacturers
Senior officials of the Pakistani government have instructed the Ministry of Science and Technology and the Standards and Quality Control Authority to accelerate actions to include tobacco-free nicotine oral products in the list of mandatory standards. The standards for nicotine pouches were initially drafted during the COVID-19 pandemic, specifying ingredient disclosure, upper limits on nicotine content per pouch, labeling, and child safety warnings. However, the process was stalled due to bure
Aug.26
Thailand: Vape Products Worth $40,000 Seized in Loei Province, Suspect Charged with Illegal Import and Sales
Thailand: Vape Products Worth $40,000 Seized in Loei Province, Suspect Charged with Illegal Import and Sales
Thai police have cracked down on illegal cigarette trade, seizing over 10,000 vape products worth approximately $40,000 and taking swift legal action.
Jul.24 by 2FIRSTS.ai