Philip Morris International Inc. · New York, NY United States ·(NYSE: PM)
Company Description
Phone: 917-663-2000
Rankings
- Dow Jones Global Titans
- #49 in FT Global 500
- #93 in FORTUNE 500
- S&P 500
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Philip Morris International (PMI) wants the world to light one up. The firm, which makes seven of the top 15 brands of tobacco products in the world, sells its smokes in 160 countries. The company in 2008 held a more than 15% share of the international cigarette market outside the US. Its key brands include Marlboro (the world's top-selling cigarette), Bond Street, Chesterfield, Lark, Merit, Parliament, Rothmans, Number 7, Philip Morris, and Virginia Slims, as well as popular regional brands. PMI acquired a controlling stake in Indonesia's PT Hanjaya Mandala Sampoerna clove cigarette firm for some $5.1 billion. PMI, which was spun off from Altria in early 2008, acquired Rothmans in 2008. To read the full description, subscribe now.
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Key Philip Morris International Inc. Financials
| Company Type | Public - NYSE: PM Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $63,640.0 |
| 2008 Employees | 75,600 |
Philip Morris International Inc. Executives
29 executives listed for Philip Morris International Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Louis Camilleri | Network |
| Vice Chairman and General Counsel | Charles Wall | Network |
| COO | André Calantzopoulos | Network |
Competition
Competitive Landscape for Philip Morris International Inc.
Demand is driven by discretionary consumer spending and awareness of the health effects of smoking. The profitability of individual companies depends on effective marketing. Large companies enjoy economies of scale in manufacturing and in their ability to offer wider ranges of products. Small companies can compete effectively through heavy discounting, through clever branding and packaging, and by exploiting niche categories such as pipe tobacco and additive-free cigarettes. The industry is highly capital-intensive: average annual revenue per worker for a typical company is $1.5 million. To read the full description, subscribe now.Top Philip Morris International Inc. Competitors
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