Philip Morris International Inc · NYSE:PM
Philip Morris International — Investor Day (February 2021)
13 slides from Philip Morris International's investor day presentation, Feb 10, 2021
Slide 1: The Next Growth Phase
2021 Delivering a Smoke-Free Future INVESTOR DAY The Next Growth Phase Nicholas Rolli, Vice President Investor Relations Philip Morris International February 10, 2021
Slide 2: Materials not intended for consumers
These materials are not intended for consumers. The purpose of these materials is not advertising, promotion or marketing of PMI products to consumers and they should not be regarded as an offer to sell, or solicitation of an offer to buy, any PMI products. Our products are sold only in compliance w
Slide 3: Forward-Looking and Cautionary Statements
Forward-Looking and Cautionary Statements • This presentation and related discussion contain projections of future results and other forward-looking statements. Achievement of future results is subject to risks, uncertainties and inaccurate assumptions. In the event that risks or uncertainties mater
Slide 4: Forward-Looking and Cautionary Statements (COVID-19)
Forward-Looking and Cautionary Statements (COVID-19) • The COVID-19 pandemic has created significant societal and economic disruption, and resulted in closures of stores, factories and offices, and restrictions on manufacturing, distribution and travel, all of which have and will continue to adverse
Slide 5: Glossary and Key Terms and Definitions
Glossary and Key Terms and Definitions • A glossary of terms, including the definition for reduced-risk products, or "RRPs" are posted on our website. Please also note that growth rates presented on an organic basis reflect currency-neutral underlying results and “like-for-like” comparisons, where a
Slide 6: Glossary of Key Terms and Definitions
2021 Delivering a Smoke-Free Future INVESTOR DAY The Next Growth Phase Glossary of Key Terms and Definitions February 10, 2021
Slide 7: Glossary: General Terms
Glossary: General Terms • "PMI" refers to Philip Morris International Inc. and its subsidiaries • Until March 28, 2008, PMI was a wholly owned subsidiary of Altria Group, Inc. ("Altria"). Since that time the company has been independent and is listed on the New York Stock Exchange (ticker symbol "PM
Slide 8: Glossary: General Terms (cont.)
Glossary: General Terms (cont.) • "EU" is defined as the European Union Region • "EE" is defined as the Eastern Europe Region • "ME&A" is defined as the Middle East & Africa Region and includes PMI's duty free business • "S&SA" is defined as the South & Southeast Asia Region • "EA&A" is defined as t
Slide 9: Glossary: Financial Terms
Glossary: Financial Terms • Net revenues related to combustible products refer to the operating revenues generated from the sale of these products, including shipping and handling charges billed to customers, net of sales and promotion incentives, and excise taxes. PMI recognizes revenue when contro
Slide 10: Glossary: Reduced-Risk Products
Glossary: Reduced-Risk Products • "Reduced-risk products," or "RRPs," is the term PMI uses to refer to products that present, are likely to present, or have the potential to present less risk of harm to smokers who switch to these products versus continuing smoking. PMI has a range of RRPs in variou
Slide 11: Glossary: Reduced-Risk Products (cont.)
Glossary: Reduced-Risk Products (cont.) • The estimated number of adults who have "switched to IQOS and stopped smoking“ reflects: ⎼ for markets where there are no heat-not-burn products other than PMI heat-not-burn products: daily individual consumption of PMI HTUs represents the totality of their
Slide 12: Glossary: IQOS in the United States
Glossary: IQOS in the United States • On April 30, 2019, the U.S. Food and Drug Administration (FDA) announced that the marketing of a version of PMI's Platform 1 product, namely, IQOS 2.4, together with its heated tobacco units (the term PMI uses to refer to heated tobacco consumables), is appropri
Slide 13: The Next Growth Phase
2021 Delivering a Smoke-Free Future INVESTOR DAY The Next Growth Phase iOS Download Android Download Have you downloaded the new PMI Investor Relations App yet? The free IR App is available to download at the Apple App Store for iOS devices and at Google Play for Android mobile devices
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