Philip Morris International Incorporation operates in the Cigarettes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Philip Morris International Incorporation with three other
companies in this sector in UNITED STATES :
Imperial Brands PLC
(2019
sales of $20.61 billion
of which 140%
was Tobacco),
British American Tobacco p.l.c.
($33.10 billion
of which 40%
was United States), and
Japan Tobacco Incorporated
($19.97 billion
of which 60%
was Tobacco overseas).
Sales Analysis.
Philip Morris International Incorporation reported sales of $29.81 billion
for the
year ending
December of 2019.
This
represents
a very small
increase of 0.6%
versus 2018, when the company's sales were $29.63 billion.
This was the third consecutive year of growth at Philip Morris International Incorporation.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Philip Morris International Incorporation had sales
of $29.77 billion.
Sales of Eastern Europe saw an increase
that was more than double the company's growth rate: sales were up
12.4% in 2019, from
$2.92 billion to $3.28 billion.
Philip Morris International Incorporation also saw significant increases in sales in
South and Southeast Asia (up 9.4% to $5.09 billion)
.
Not all segments of Philip Morris International Incorporation experienced an increase in sales in 2019:
sales of Latin America and Canada fell 27.8% to $2.21 billion.
Philip Morris International Incorporation also experienced decreases in sales in
East Asia and Australia (down 3.9% to $5.36 billion)
and
Middle East and Africa (down 1.8% to $4.04 billion)
.