James Bushnell
VP of Investor Relations and Financial Communication
Replay available
Philip Morris International Inc (NYSE: PM) Q4 2025 earnings conference call, held 2026-02-06. Replay captured from the company's public earnings webcast.

VP of Investor Relations and Financial Communication
Group CEO
Chief Financial Officer
Analyst, Stifel
Analyst, Morgan Stanley
Analyst, Goldman Sachs
Analyst, UBS
Analyst, Deutsche Bank
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WEBVTT 00:00:01.313 -- 00:00:06.739 Good day and thank you for standing by. Welcome to the Philip Morris International 00:00:06.739 -- 00:00:09.442 Inc. 2025 00:00:09.442 -- 00:00:13.105 Fourth Quarter Results Conference Call. 00:00:13.105 -- 00:00:16.549 At this time, all participants are in a listen-only mode. 00:00:16.549 -- 00:00:20.753 After the speaker's presentation, there will be a question and answer session. 00:00:20.753 -- 00:00:26.419 To ask a question during the session, you will need to press star 1-1 on your telephone. 00:00:26.419 -- 00:00:30.710 You will then hear an automated message advising your hand is raised. 00:00:30.710 -- 00:00:36.216 to withdraw your questions, please press star 11 again. 00:00:36.216 -- 00:00:40.121 Please be advised that today's conference is being recorded. 00:00:40.121 -- 00:00:45.327 I would now like to hand the conference over to your speaker today, James Bushnell, 00:00:45.327 -- 00:00:48.431 VP of Investor Relations and Financial Communication. 00:00:48.431 -- 00:00:50.891 Please go ahead. 00:00:51.134 -- 00:00:55.559 Welcome. Thank you for joining us. Earlier today, we issued a press release containing 00:00:55.559 -- 00:01:00.325 detailed information on our 2025 fourth quarter and full year results. 00:01:00.325 -- 00:01:04.588 The press release is available on our website at pmi.com. 00:01:05.010 -- 00:01:08.955 A glossary of terms including the definition for smoke-free products as well as adjustments, 00:01:08.955 -- 00:01:13.460 other calculations and reconciliations to the most directly comparable US GAAP measures 00:01:13.460 -- 00:01:17.965 for non-GAAP financial measures cited in this presentation are available in the company's 00:01:17.965 -- 00:01:23.752 Form 8K dated today's date and on our IR website. 0...