Latest Philip Morris International News & Updates

See the latest news and media coverage for PMI. We track all announcements, press releases, and industry mentions in real time, all in one place.

Philip Morris International (PMI)

Tobacco manufacturer and smoke-free product developer

pmi.com

Headquarters: Lausanne, Switzerland
Company type: Public company
Number of employees: 65,000+

Last updated Today

Latest news about Philip Morris International (PMI)

In short: PMI advanced its smoke-free transition with strong Q1 2026 earnings and FDA reauthorizations, despite legal fines and marketing controversies.

Company announcements

June 3 PMI

PMI reports EU illicit cigarette consumption above 10%

Counterfeit cigarettes now lead the illicit market, accounting for 44% of EU illicit consumption, with €16.7 billion in lost tax revenues.

June 2 PMI

PMI updates 2026 EPS forecast and participates in conference

The company expects strong smoke-free growth and launches ZYN ULTRA in the US.

May 26 PMI

PMI's IQOS ranked #74 in Kantar BrandZ 2026

IQOS listed for first time among top 100 global brands, reinforcing PMI's smoke-free vision.

May 25 PMI

PMI reports Sweden near smoke-free status

Adult smoking prevalence among Swedish-born citizens has fallen below 5%, with national rate at 5.3%.

Media coverage

June 4 Yahoo Finance

Morgan Stanley Raises Philip Morris (PM) Target on Confidence in Zyn and IQOS Growth

Philip Morris International Inc. (NYSE:PM) is included among the 10 No-Brainer Dividend Stocks to Buy. On June 3, Morgan Stanley raised its price recommendation on...

June 2 Market Inference

Philip Morris International Lifts 2026 Earnings Forecast

Philip Morris International lifted its 2026 full-year diluted earnings forecast after adding a $500 million non-cash impairment charge tied to its Canadian affiliate RBH and...

June 2 MSN

Philip Morris cuts annual profit forecast as currency volatility bites

June 2 (Reuters) - Philip Morris International cut its annual profit forecast on Tuesday citing currency swings, though CEO Jacek Olczak said other risks to...

June 2 The Wall Street Journal

Philip Morris to Post $500 Million Impairment on Canada Affiliate

Philip Morris International said it is booking a roughly $500 million impairment charge in the second quarter to reduce the carrying value of its investment...

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