Turnover: 31.045 billion USD (2021)
Country: Switzerland
Philip Morris International is a Swiss group specializing in tobacco and its various products, founded in 1881. Its products are now distributed in over 180 countries. The group owns several brands distributed on the French market, such as Marlboro, the world's leading cigarette brand, Philip Morris, Chesterfield...
The Philip Morris USA business was sold to the American company Atria
News
Tobacco giants face cigarette decline 13/05/2023
- In 2020, 17% of the world's population were smokers, compared with almost 27% in 2000
- a further decline is expected, to 15.4% by 2025.
- Cigarette sales volumes have fallen from 5,800 billion in 2007 to 4,700 billion in 2020, and are expected to drop to 4,500 billion by 2025.
- One third of Philip Morris International's (PMI) revenues come from alternatives to cigarettes, with the share expected to rise to 50% by 2025.
- New product categories account for 14.8% of business at BAT (Lucky Strike, Vogue...) and less than 5% at JTI (Winston, Camel...).
- Cigarette manufacturers hold just 15% of the French vape market.
- At PMI, 79% of profits still come from cigarettes.
- Emerging markets such as China, Indonesia, Turkey and Russia remain attractive to tobacco companies.
The success of Iqos, an alternative tobacco, depends on the goodwill of regulators. 26/11/2022
- Iqos heating tobacco brand from Philip Morris International
- 19.5 million consumers in 68 countries
- 7.6% market share
- PMI has invested $9 billion to develop its tobacco alternatives
- In mid-2020, PMI obtained approval from the U.S. Food and Drug Administration (FDA) to sell its brand of smoking tobacco and its brand of communicating tobacco
- In Japan, where it was launched in 2016, its market share is close to 25%
Financial Data
DUNS: 712054014
Legal Name: PHILIP MORRIS FRANCE
Address: 23/25 Rue Delariviere Lefoullon , 92064 Paris La Défense Cedex
Number of employees: Entre 250 et 499 salariés (2020)
Capital: 80 000 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 498 893 330 | 564 915 588 | 594 275 502 | 582 460 205 | 704 158 375 | 779 285 019 | 770 127 545 |
| Gross margin (€) | 115 600 663 | 114 595 621 | 124 179 822 | 124 682 143 | 135 768 604 | 137 989 441 | - |
| EBITDA (€) | 19 940 060 | 23 967 780 | 22 076 838 | 21 491 399 | 26 441 980 | 29 290 804 | - |
| Operating profit (€) | 18 350 945 | 21 282 751 | 20 916 787 | 20 096 459 | 25 243 992 | 28 499 015 | - |
| Net profit (€) | 13 074 120 | 11 951 687 | 13 620 203 | 13 437 543 | 18 501 681 | 16 865 175 | 14 934 779 |
| Turnover growth rate (%) | -11,7 | -4,9 | 2 | -17,3 | -9,6 | 1,2 | - |
| Ebitda margin rate (%) | 4 | 4,2 | 3,7 | 3,7 | 3,8 | 3,8 | - |
| Operating margin rate (%) | 3,7 | 3,8 | 3,5 | 3,5 | 3,6 | 3,7 | - |
| Working Capital (turnover days) | 9,5 | 7,5 | 6,5 | 8,3 | 9,3 | 8,2 | - |
| Working Capital requirements (turnover days) | -29,3 | 26,9 | 4,5 | 5,4 | -12,8 | -23,9 | - |
| Net margin (%) | 2,6 | 2,1 | 2,3 | 2,3 | 2,6 | 2,2 | - |
| Added value / Turnover (%) | 12 | 10,8 | 10 | 10,3 | 9,3 | 8,3 | - |
| Wages and social charges (€) | 38 086 329 | 35 198 782 | 35 150 169 | 36 107 252 | 36 959 257 | 33 276 773 | - |
| Salaries / Turnover (%) | 7,6 | 6,2 | 5,9 | 6,2 | 5,2 | 4,3 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Jeanne Andrée | POLLES | 59 | |
| Commissaire aux comptes suppléant | Yves | NICOLAS | 69 |
Studies mentioning this company
The tobacco market - France
Other companies mentioned:
- Philip Morris International
- Imperial Brands
- Japan Tobacco
- British American Tobacco
- Altria (Philip Morris USA, Malboro)
- Logista France (Altria)
- Altadis (Imperial tobacco)
- Arnold André
The tobacconist market - France
Other companies mentioned:
- British American Tobacco
- Philip Morris International
- Japan Tobacco
- Imperial Brands
- Kumulus Vape
- Altria (Philip Morris USA, Malboro)
- Maison de la Presse Sediff (Nap groupe)
- Logista France (Altria)
- Altadis (Imperial tobacco)
- JTI (Japan Tobacco International)
- Republic Technologies Groupe
- Scandinavian Tobacco Group
- Arnold André
The tobacco market - Italy
Other companies mentioned:
- Philip Morris International
- Imperial Brands
- Japan Tobacco
- British American Tobacco
- Kumulus Vape