Philip Morris International backs 2015 profit guidance

|About: Philip Morris Internation... (PM)|By:, SA News Editor

Philip Morris International (PM +0.6%) backed prior 2015 EPS guidance of $4.35 to $4.40 during a presentation today at the Morgan Stanley Global Consumer & Retail Conference.

Management also highlighted the launches of the reduced-risk iQPS product in new global markets.

Capital allocations plans and industry trends were also detailed.

The company plans to issue 2016 EPS guidance in February.

Philip Morris MS conference webcast

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