Philip Morris CR a.s. Announces Consolidated Earnings Results for the Half Year Ended June 20, 2017
Published on 09/26/2017
S&P Capital IQ
Philip Morris CR a.s. announced consolidated earnings results for the half year ended June 20, 2017. For the half year, the company's revenues were increased by 7% to CZK 5.8 billion, primarily due to favorable pricing in the Czech Republic and Slovakia, reflecting the impact of price increases implemented in 2016 and 2017. Net income increased by 24.7% to CZK 1.6 billion.
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