Philip Morris International Inc. (PM) stands strong in the tobacco space due to its efforts to revolutionize products as per the evolving consumer patterns. Given consumers’ rising health consciousness, the company is progressing well with its business transformation, with smoke-free products generating 39% of its net revenues in the first quarter of 2024.Strong pricing and a focus on strategic priorities are working well for this tobacco giant amid elevated costs and volatile currency movements.Smoke-Free ...