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F/X and weakness in Asia dominate Philip Morris' Q4

Feb. 05, 2015 10:44 AM ETPhilip Morris International Inc. (PM) StockBy: Clark Schultz, SA News Editor2 Comments
  • Philip Morris (NYSE:PM +0.6%) reports cigarette volume fell 3.8% to 214.9B in Q4.
  • Revenue from the EU region fell 2.9% to $2.076B.
  • Weakness in Asian markets (-19%) and foreign currency headwinds ($0.28 to EPS) were major factors during the quarter.

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