2024-02-11 04:25:25 ET
Philip Morris International Inc. (PM)
Q4 2023 Earnings Conference Call
February 08, 2024, 9:00 AM ET
Company Participants
James Bushnell - VP, IR, and Financial Communications
Jacek Olczak - Chief Executive Officer
Emmanuel Babeau - Chief Financial Officer
Conference Call Participants
Bonnie Herzog - Goldman Sachs
Gaurav Jain - Barclays
Pamela Kaufman - Morgan Stanley
Mirza Faham Ali Baig - UBS
Callum Elliott - Bernstein
Matthew Smith - Stifel
Presentation
Operator
Good day, everyone and welcome to the Philip Morris International Fourth Quarter 2024 and Full Year Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Philip Morris International Management and the question-and-answer session. [Operator Instructions] As a reminder today's call is being recorded.
I will now turn the call over to James Bushnell, Vice President of Investor Relations and Financial Communications. Please go ahead, sir.
James Bushnell
Welcome. Thank you for joining us. Earlier today, we issued a press release containing detailed information on our 2023 fourth quarter and full year results. The press release is available on our website at www.pmi.com .
A glossary of terms, including the definition for smoke-free products as well as adjustments, other calculations and reconciliations to the most directly comparable U.S. GAAP measures for non-GAAP financial measures cited in this presentation, and additional net revenue data are available in Exhibit 99.2 to the company's Form 8-K dated February 8, 2024, and on our Investor Relations website.
Today’s remarks contain forward-looking statements and projections of future results. I direct your attention to the forward-looking and cautionary statements disclosure in today’s presentation and press release for a review of the various factors that could cause actual results to differ materially from projections or forward-looking statements.
I’m joined today by Jacek Olczak, Chief Executive Officer, and Emmanuel Babeau, Chief Financial Officer.
Over to you, Jacek.
Jacek Olczak
Thank you, James, and welcome everyone. PMI delivered another strong operating performance in 2023. We achieved our third consecutive year of positive volumes and high single-digit organic top line growth, driven by smoke-free products....
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Philip Morris International Inc. (PM) Q4 2023 Earnings Call Transcript