Building on excellent broad-based momentum in the international smoke-free business and 16% adjusted diluted EPS growth in Q1, we are well positioned to continue delivering best-in-class performance in 2026." Jacek Olczak, Group CEO, PMI Q1 FY26: - Net Revenue: $10,146m (OSG: +2.7%) - Gross Profit Margin: 68.1% (+380 bps vs Q1 2025) - Adj
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Instead, it has focused on bolstering enforcement at the border, appointing an Illicit Tobacco and E-cigarette Commissioner, whose latest report estimated illegal cigarettes and vapes made up 60 per cent of the total market
[1] At the time of its expansion, the company's pipe department was perhaps the largest in New York City and the United States
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