Philip Morris posts gain in earnings

Article Abstract:

Philip Morris Cos. posted an improvement of 3% in its operating income for the second-quarter of 1999. The company was helped by increased food sales in the US and by increased prices for cigarettes. Philip Morris' results were what analysts had expected for the period. The company reported $2.06 billion (2 billion euros) in operating income. During the same period in 1998, Philip Morris posted $2 billion.

Comment:

Posts improvement of 3% in operating income for second-quarter of 1999

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Tobacco profit aided Philip Morris to 4% rise in net

Article Abstract:

Philip Morris Cos. posted an increase of 4% in its net income for the 2001 first-quarter. The company, benefiting from increasing tobacco sales, posted $2.09 billion (2.36 billion euros) in quarterly net income.

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Net income at Philip Morris advances 5.4%

Article Abstract:

Philip Morris Cos. posted an increase of 5.4% in its net income for the 2001 second-quarter. The company posted $1.65 billion (1.89 billion euros) in operating profits for the period.

Food & Kindred Products, Food Manufacturing, FOOD AND KINDRED PRODUCTS, Food industry

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