Philip Morris International Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 19, 2021 at 06:59 am EDT
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Philip Morris International Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 21,617 million compared to USD 20,444 million a year ago. Revenue was USD 8,122 million compared to USD 7,446 million a year ago. Net income was USD 2,426 million compared to USD 2,307 million a year ago. Basic earnings per share from continuing operations was USD 1.55 compared to USD 1.48 a year ago. Diluted earnings per share from continuing operations was USD 1.55 compared to USD 1.48 a year ago.
For the nine months, sales was USD 61,393 million compared to USD 56,516 million a year ago. Revenue was USD 23,301 million compared to USD 21,250 million a year ago. Net income was USD 7,016 million compared to USD 6,080 million a year ago. Basic earnings per share from continuing operations was USD 4.49 compared to USD 3.9 a year ago. Diluted earnings per share from continuing operations was USD 4.48 compared to USD 3.9 a year ago.
Philip Morris International, Inc. is one of the world leading producers of cigarettes and tobacco products.
In 2023, the group sold 612.9 billion cigarettes (under the brand names Marlboro, Parliament, Chesterfield, L&M, Bond Street, Philip Morris, Next, Lark, Sampoerna A, Dji Sam Soe, etc.) and 125.3 billion heated tobacco (IQOS, HEETS, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks et Fiit and Miix brands).
At the end of 2023, Philip Morris International, Inc. had 50 manufacturing sites worldwide.
Net sales (excluding Swedish Match and Wellness and Healthcare products) are distributed geographically as follows: Americas (6%), Europe (42%), South and Southeast Asia/CIS/Middle East/Africa (32.8%), East Asia and Australia (19.2%).
PHILIP MORRIS INTERNATIONAL, INC. 
