Philip morris international: new study shows near-doubling in counterfeit cigarettes in the european union drives increase of total illicit consumption in 2020

Lausanne, switzerland--(business wire)--philip morris international inc. (pmi) (nyse: pm) is calling for public and private representatives to jointly combat illicit trade as a new report produced by kpmg was released on the consumption and flows of illicit cigarettes in 30 european countries—the 27 european union (eu) member states, as well as u.k., norway and switzerland. the study estimates that, while total cigarette consumption continues to decline, the share of illicit cigarettes increase
PM Ratings Summary
PM Quant Ranking