Philip Morris Trims Profit Forecast Due to Currencies and Rising Costs
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Philip Morris International Inc. trimmed its profit forecast, blaming adverse currency conditions and rising costs linked to the conflict in the Middle East.
The company cited these factors as significant contributors to its revised outlook.
Philip Morris
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“Philip Morris International Inc. trimmed its profit forecast, blaming adverse currency conditions and rising costs linked to the conflict in the Middle East.”
Bloomberg — Philip Morris Trims Profit Forecast on Currencies, Rising Costs