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Since 2008, Philip Morris International (PMI) has invested over USD 16 billion in the research, development, scientific substantiation, and commercialization of our range of smoke-free alternatives

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The hidden dangers of diacetyl, heavy metals, and nicotine exposure are real and demand our attention

Earnings per share Basic earnings per share were down 320.5% to -646.6p (2022: 293.3p) due to the non-cash impairment charges in respect of goodwill and trademarks discussed earlier, partly offset by lower other one-off charges compared to 2022 (mainly related to the sale of the Group's businesses in Russia and Belarus, the resolutions of the DOJ and OFAC investigations into historical sanctions breaches and the Quantum restructuring)