AI English summary of an SEC filing — figures as filed
The company said its full-year 2023 net revenues were $35,174 million, up 10.7% as reported, and that adjusted net revenues grew 7.8% on an organic basis. Diluted EPS was $5.02, and adjusted diluted EPS was $6.01.
Key points
AI summaryThe company said its full-year 2023 net revenues were $35,174 million, up 10.7% as reported, and that adjusted net revenues grew 7.8% on an organic basis. Diluted EPS was $5.02, and adjusted diluted EPS was $6.01.
Philip Morris International said adjusted operating income for full-year 2023 grew 3.7% on an organic basis, with a substantial acceleration in the second half of the year. It cited the easing of supply chain disruptions and ILUMA-related factors, along with a growing contribution from smoke-free products.
The company set its reported diluted EPS outlook for 2024 at $5.90 to $6.02 and its adjusted diluted EPS outlook at $6.32 to $6.44. It expects adjusted diluted EPS, excluding currency, to rise 7.0% to 9.0% from $6.01 in 2023.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.
2023 Full-Year Net Revenues and EPS
The company said its full-year 2023 net revenues were $35,174 million, up 10.7% as reported, and that adjusted net revenues grew 7.8% on an organic basis. Diluted EPS was $5.02, and adjusted diluted EPS was $6.01.
Source · Based on the filing body and exhibits
2023 Full-Year Adjusted Operating Income and Company Explanation
Philip Morris International said adjusted operating income for full-year 2023 grew 3.7% on an organic basis, with a substantial acceleration in the second half of the year. It cited the easing of supply chain disruptions and ILUMA-related factors, along with a growing contribution from smoke-free products.
Source · Based on the filing body and exhibits
2024 Full-Year EPS Outlook
The company set its reported diluted EPS outlook for 2024 at $5.90 to $6.02 and its adjusted diluted EPS outlook at $6.32 to $6.44. It expects adjusted diluted EPS, excluding currency, to rise 7.0% to 9.0% from $6.01 in 2023.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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