Philip Morris International Inc · NYSE:PM
Philip Morris International — Corporate Update (December 2022)
13 slides from Philip Morris International's corporate update, Dec 22, 2022
Slide 1: Corporate Analyst Briefing Session
CORPORATE ANALYST BRIEFING SESSION NL Y O December 22 , 2022 nd SE U L AN RE TN I OR F – T NE M U C DOL AI TN ED IF Figures may not foot due to rounding N O
Slide 2: Agenda
AGENDA CORPORATE ANALYST BRIEFING SESSION Economic Environment Excise & Price changes Financial Performance 9M’ 2022 Sustainability at PMPKL Figures may not foot due to rounding
Slide 3: Floods – Impact to the Economy
Floods – Impact to the Economy Majorly Impacted Areas >$30bio Economic Losses 65% 33mio of country’s food People affected basket affected Impact on the Economy • Domestic supply chain constrains • Increased inflationary pressures • Unemployment Source: Internal Estimates, World Bank, Bloomberg, Busi
Slide 4: Macro Environment
Macro Environment GDP OUTLOOK LOANS ~$115/month (PKR 25K) 25% FY21 8,070 BN (PKR) (in PKR terms) 33% Minimum wage 2.0% Tax Revenues FY22 $1.2 bio IMF Tranche 6.3% +2.0% $2.3 bio Chinese loan Unemployment Rate Tobacco Contribution to $3 bio Saudi rollover loan Govt. Revenue vs 6.0% in FY22 Temporary
Slide 5: Agenda
AGENDA CORPORATE ANALYST BRIEFING SESSION Economic Environment Excise & Price changes Financial Performance 9M’ 2022 Sustainability at PMPKL Figures may not foot due to rounding
Slide 6: Excise & Price changes
Annual Budget Excise (PKR/pack) Mini Budget Excise (PKR/pack) Excise & Price changes Premium: + PKR 14 Value: +PKR 4 Premium: +PKR 12 Value: +PKR 4 Street Prices (PKR/pack) Mar’22 Apr/May’22 Jun/Jul’22 Aug’22 Non – Tax Paid products above + 300 PKR 243 PKR 213 + PKR 30 + PKR 20 PKR 193 + PKR 20 PKR
Slide 7: Agenda
AGENDA CORPORATE ANALYST BRIEFING SESSION Economic Environment Brand-board & Price movement Financial Performance 9M’ 2022 Sustainability at PMPKL Q&A Figures may not foot due to rounding
Slide 8: Financials 9 months ended September 2022
Financials 9 months ended September 2022 Jan – Sep 2022 Jan – Sep 2021 +/- % var. Key Ratios % of Revenue % PKR in Millions Net Turnover 14,966 12,789 2,177 17% Cost of Sales 8,088 6,699 1,389 21% Gross Profit 6,878 6,090 788 13% Gross Margin 46% Dist. & Marketing Expenses 2,113 2,043 70 3% 14% Admi
Slide 9: Contribution to the National Exchequer and Profit after Tax as % of Gross Turnover
CONTRIBUTION to the National Exchequer and Profit/(Loss) after Tax as a % to Gross Turnover % of Gross Turnover Avg. YoY contribution ~ 58% 62.0% 60.5% 58.2% 54.4% 6.5% 5.2% 4.3% -5.2% 2019 2020 2021 9M 2022 Contribution to National Exchequer Profit/(Loss) after Tax Figures may not foot due to round
Slide 10: Agenda
AGENDA CORPORATE ANALYST BRIEFING SESSION Economic Environment Brand-board & Price movement Financial Performance 9M’ 2022 Sustainability at PMPKL Figures may not foot due to rounding
Slide 11: Transforming for a sustainable future
Transforming for a sustainable future Fuelwood and Crop Diversification Green Energy Generation 100% of PMPKL’s contracted farmers Installation of solar panels for the generation utilize wood from sustainable & fully of green electricity in its factories led to traceable sources. This effort has bee
Slide 12: Transforming for a sustainable future
Transforming for a sustainable future World Clean-up Day-Anti-littering Campaign Recycling Facility in Islamabad To play its part in building a sustainable world this World Cleanup Day, Philip Philip Morris (Pakistan) Limited in collaboration with Pak Mission Society set up a Morris (Pakistan) Limit
Slide 13: Thank You
Thank You Figures may not foot due to rounding
Philip Morris (Pakistan) — Corporate Update (December 2022) on 6ix