Philip Morris posts rise in third-quarter sales and profit | Eurasia Diary - ednews.net

18 November,


Philip Morris posts rise in third-quarter sales and profit

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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.

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