Monday, October 21, 2019

Philip Morris International Beats on Earnings as IQOS Surges

 
(Motley Fool) … While traditional cigarette shipment volumes continued to fall as expected, gains accrued in heated tobacco for both shipment volume and market share. And that doesn't even include the potential benefits of being sold in the U.S., the world's largest e-cig market, as the devices have only just been introduced here. As they move from the Atlanta test market to national prominence, Philip Morris can hope for even stronger future results. Continued

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