The company said it is updating its segment reporting by including the remaining Wellness and Healthcare results in the Europe segment, following the sale of Vectura Group Ltd. on December 31, 2024, and renaming the "PMI Duty Free" business "PMI Global Travel Retail."

8-KRegulation FD DisclosureFiled Mar 25, 2025Period of report Mar 25, 2025Summary published (UTC) Oct 15, 2026

Key points

AI summary

The company said it is updating its segment reporting by including the remaining Wellness and Healthcare results in the Europe segment, following the sale of Vectura Group Ltd. on December 31, 2024, and renaming the "PMI Duty Free" business "PMI Global Travel Retail."
Philip Morris International posted unaudited recast financial information reflecting the segment change on its website on March 25, 2025. It said the information has no impact on the previously reported consolidated financial position or results of operations and is not a restatement.
The company said that in the recast data, Europe's reported operating income for the full year 2024 was $6,547 million, and its adjusted operating income was $6,979 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. 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.

Segment Reorganization: Wellness and Healthcare Moved into Europe

The company said it is updating its segment reporting by including the remaining Wellness and Healthcare results in the Europe segment, following the sale of Vectura Group Ltd. on December 31, 2024, and renaming the "PMI Duty Free" business "PMI Global Travel Retail."

Source · Based on the filing body and exhibits

Recast Data Has No Impact on Consolidated Results

Philip Morris International posted unaudited recast financial information reflecting the segment change on its website on March 25, 2025. It said the information has no impact on the previously reported consolidated financial position or results of operations and is not a restatement.

Source · Based on the filing body and exhibits

Europe Region Full-Year 2024 Operating Income

The company said that in the recast data, Europe's reported operating income for the full year 2024 was $6,547 million, and its adjusted operating income was $6,979 million.

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

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