Philip Morris making progress on goal to be smoke-free company by 2025 and become wellness company over time

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Philip Morris International Inc. said Wednesday it’s making progress toward its 2025 goal of being a smoke-free company and that it intends to transform into...

Philip Morris International Inc. PM said Wednesday it’s making progress toward its 2025 goal of being a smoke-free company and that it intends to transform into a broader lifestyle, consumer wellness and healthcare company over time. In its fourth annual integrated report, the tobacco company reiterated that it’s focusing its resources on developing and commercializing smoke-free products that are less harmful than smoking. The company estimates that it has 24.

PM said Wednesday it’s making progress toward its 2025 goal of being a smoke-free company and that it intends to transform into a broader lifestyle, consumer wellness and healthcare company over time. In its fourth annual integrated report, the tobacco company reiterated that it’s focusing its resources on developing and commercializing smoke-free products that are less harmful than smoking. The company estimates that it has 24.9 million adult users of its smoke-free products, up from 21.

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