Philip Morris Raises 2025 Profit Forecast Boosted by Zyn Sales

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Philip Morris Raises 2025 Profit Forecast Boosted by Zyn Sales
Photo: Bebeto Matthews AP/TT

American Philip Morris, major manufacturer of tobacco and nicotine products, raises the floor in its profit forecast for 2025 with reference to sales successes for Zyn in the USA.

The share rises by more than 5 percent in futures trading.

Philip Morris' successes, including on the market for tobacco-free snus, have lifted the share by 33 percent in one year.

Deliveries of Zyn boxes in North America increased by 38 percent in annual terms to 205.8 million boxes during the third quarter and tobacco-free products now account for 41 percent of the group's revenue.

Zyn is a product that was developed by Swedish Swedish Match and started being sold for over ten years ago. Swedish Match was bought by Philip Morris three years ago.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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