In the EU, PMI’s total cigarette shipment volume decreased by 6.4%, predominantly due to France and southern Europe. In EEMA, PMI’s total cigarette shipment volume grew by 4.7%, driven mainly by Egypt, Russia and Turkey. In Asia, PMI’s total cigarette shipment volume increased by 4.2%, driven mainly by Indonesia, the Philippines, Thailand and Vietnam, partially offset by Japan and Korea. Excluding the Japan hurdle, PMI’s cigarette shipment volume in Asia was up by 6.4%. In Latin America & Canada, PMI’s total cigarette shipment volume decreased by 1.6%.Total cigarette shipment volume of Marlboro of 301.6 billion units was up by 0.5%, or by 1.1% excluding the Japan hurdle, reflecting growth in: EEMA of 3.6%, notably in the Middle East, North Africa and Turkey, partly offset by Romania, Russia and Ukraine; Asia of 3.6%, principally driven by Indonesia, the Philippines and Vietnam, partly offset by Japan and Korea; and Latin America & Canada of 0.7%, notably in Brazil and Colombia, partly offset by Argentina. Cigarette shipments of Marlboro declined in the EU by 4.6%, notably in France, Italy and Spain.
Philip Morris International Inc. (PMI) Reports 2012 Results; Provides 2013 Earnings Per Share Forecast
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