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PHILIP MORRIS INTERNATIONAL, INC.

(PM)
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Philip Morris International : PMI - Supporting LGBTQ+ inclusion in Switzerland

10/19/2021 | 07:14am EST

Philip Morris International was one of the main sponsors at this month's Geneva Pride 2021, and was also recently awarded the Swiss LGBTI-Label for its inclusive workplace.

Philip Morris International (PMI) is proud to have been one of the three 'Diamond' sponsors at Geneva Pride 2021. Employees from the company also participated in the Pride march, demonstrating how PMI is further fostering an inclusive workplace where all its employees feel safe and comfortable to be themselves.

Geneva Pride is a major event bringing together LGBTQ+ people and supporters to raise awareness about the daily challenges they face, advancing equality between all people, and demanding equal rights for all.

Employees and the society need to see support for the LGBTQ+ community during Pride Month. But we must also go further than that.

Silke Muenster, Chief Diversity Officer, Philip Morris International

'There's power in PMI participating in and sponsoring Geneva Pride 2021 in Switzerland, and our employees and consumers need to see support for the LGBTQ+ community during Pride Month. But we must go further than that,' said Silke Muenster, Chief Diversity Officer at PMI.

'Our commitment to inclusion, equity, and diversity is a critical ongoing pillar of our business strategy, not only during Pride Month.'

Philip Morris Switzerland was recently awarded the Swiss LGBTI-Label, a mark of recognition for organizations based in Switzerland that are committed to working for the equality of LGBTQ+ people.

In accepting the award on behalf of PMI, Laurent Gilliard, responsible for STRIPES ERG in the EU Region, said: 'There has been tremendous progress on inclusion and diversity in the last few years, and this distinction recognizes our efforts, especially in relation to LGBTQ+ inclusion. The Label tells our people what they can expect from the company and shows that our culture embodies a deep sense of respect, inclusion, and freedom to be your authentic self.'

The STRIPES network is the voice for the LGBTQ+ employees in all PMI affiliates, creating a continuous conversation across the organization to support an even more inclusive, respectful, and supportive culture.

'This recognition is something we've worked very hard for,' said Nikki Symmons, STRIPES Global Head of Programs and Events. 'We are building strong community foundations internally, and working with our LGBTQ+ people, supporters, and allies to create a fully inclusive global company.'

PMI has a clear vision to foster an environment where everyone feels safe and comfortable to be their true selves at work. The company is committed to building a culture and workplace reflecting the world's diversity.

'We are proud to have been awarded the Swiss LGBTI-Label,' added Charles Bendotti, Senior Vice President, People & Culture. 'It recognizes the actions we have taken and continue to take to create an equitable and inclusive environment and culture for lesbian, gay, non-binary, transgender, and intersexual people at Philip Morris International in Switzerland.'

Contact:

Philip Morris International Inc.

120 Park Avenue

New York, NY 10017

U.S.A.

T: +1 917 663 2233

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 31 208 M - -
Net income 2021 9 149 M - -
Net Debt 2021 24 060 M - -
P/E ratio 2021 17,7x
Yield 2021 4,73%
Capitalization 161 B 161 B -
EV / Sales 2021 5,93x
EV / Sales 2022 5,73x
Nbr of Employees 71 000
Free-Float 73,7%
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Philip Morris International, Inc. Technical Analysis Chart | PM | US7181721090 | MarketScreener
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 103,38 $
Average target price 109,43 $
Spread / Average Target 5,85%
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Managers and Directors
Jacek Olczak Chief Executive Officer & Director
Emmanuel Andre Marie Babeau Chief Financial Officer
André Calantzopoulos Executive Chairman
Patrick Brunel Chief Information Officer & Senior Vice President
Bertrand Bonvin Senior Vice President-Research & Development