Heated tobacco use on the increase worldwide: Philip Morris International

PHILIP Morris International (PMI) has announced its 2020 second-quarter results, including reporting that its net revenues were down by 13.6 percent while certain categories within the company is seeing gains, including heated tobacco. By Michael Gwarisa In its latest report, PMI reported that cigarette and heated tobacco unit shipments were down by 14.5 percent. This included cigarette shipment volume being down by 17.6 percent and heated tobacco unit shipment volume being up by 24.3 percent to a total of 18.7 billion units. PMI’s market share for heated tobacco units in…

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