other material
confidence high
sentiment neutral
materiality 0.25
PMI updates segment reporting, recasts historical financials after Vectura sale
Philip Morris International Inc.
- Following Dec 31, 2024 sale of Vectura, remaining Wellness & Healthcare moved into Europe segment.
- PMI Duty Free renamed to PMI Global Travel Retail effective Q1 2025.
- Four segments: Europe; SSEA, CIS & MEA; EA, AU & PMI GTR; Americas.
- Recast 2024 vs 2023 and 2023 vs 2022 financial info filed as exhibits; no impact on consolidated results.