Reported about 12 hours ago
Philip Morris International has reported better-than-expected profit growth forecasts for 2025, driven by robust demand for its ZYN nicotine pouches, leading to a nearly 10% increase in its shares. The company anticipates continued strength across its smoke-free products, including the IQOS heated tobacco device, and expects substantial growth in ZYN shipments in the U.S. and globally, surpassing analyst predictions.
Source: YAHOO