International Companies

Philip Morris reports solid revenue growth as smoke-free sales jump

By Benjamin Chiou

Date: Wednesday 22 Apr 2026

(Sharecast News) - The share price of Philip Morris International jumped on Wednesday after the American tobacco giant said it exceeded its own expectations in the first quarter, as its smoke-free alternatives division grew sales at a double-digit rate.
Net revenues were 9.1% higher than last year at $10.15bn over the...

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