Philip Morris International Inc. (PMI) is an international tobacco company. The Company is a holding company that, through its subsidiaries and affiliates and their licensees, is engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside the United States. Its products are sold in over 160 countries. The Company divides its markets into four geographic regions: European Union; Eastern Europe, Middle East and Africa; Asia, and Latin America. PMI’s portfolio comprises international and local brands. In September 2009, Swedish Match AB sold its South African operation, Swedish Match South Africa (Proprietary) Limited (SMSA) to Philip Morris International Inc.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Philip Morris International Inc.'s revenues decreased 7% to $45.1B. Net income decreased 12% to $4.8B. Revenues reflect a fall in sales from Asia, European Union, Eastern Europe, Middle East & Africa segments. Net income also reflects a decrease in gross & operating margins, higher an increase in amortization of intangibles and a rise in interest expense, net.
Company Address
Philip Morris International Inc.
120 Park Avenue New York NY 10017-5592
P: +1917.6632000