October 18, 2018 / 11:11 AM / a month ago

Philip Morris posts rise in third-quarter sales and profit

LONDON, Oct 18 (Reuters) - Philip Morris International , maker of Marlboro cigarettes among others, reported higher quarterly sales and profit on Thursday, helped by growth of its IQOS tobacco-heating device.

The company reported third-quarter earnings per share of $1.44, up from $1.27 in the same period last year. Net revenue was $7.5 billion, up 0.4 percent, held back by currency fluctuations.

Reporting by Martinne Geller Editing by David Goodman

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