Mondelz International to Present at the Deutsche Bank Global Consumer Conference on June 14. First of all, in Switzerland, where we've seen a dramatic acceleration of the market share for IQOS since the launch of ILUMA. Investor Relations: Since 2008, PMI has invested more than USD 9 billion to develop, scientifically substantiate and commercialize innovative smoke-free products for adults who would otherwise continue to smoke, with the goal of completely ending the sale of cigarettes. One is to come with other product that's true whether inhalation and now with oral, now that we've been acquiring Fertin and we have the capacity on formulation for great oral intake. Okay. Good afternoon, everyone. Company Participants. CCH Deutsche Bank | 2022 dbAccess Global Consumer Conference Fireside chat transcript 15 June 2022 Page 2 of 13 Let me briefly touch on one of those pillars. We'll see where are in Q2. Can you talk or just clarify what wellness and healthcare means to you guys? So given the comments you've made this morning ahead of today's event, could you just give us a little bit of clarity around the -- what's driving the slightly better second quarter? My name is Gerry Gallagher. Thank you, Gerry. So that's the success of IQOS and of course that remain the big driver of the company. These statements may generally, but not always, be identified by the use of words such as "anticipates", "intends", "expects", "believes", or similar expressions. Analyst recommendations: Applied Materials, Estee Lauder, Nvidia.. Estee Lauder snaps up Tom Ford in 2.4bn luxury takeover deal, Weitere Informationen ber das Unternehmen, President, Chief Executive Officer & Director, Executive VP, Chief Financial & Accounting Officer, Chief Information Officer & Senior Vice President. Okay. Probably the loyalty of the consumer is even stronger for the strong brand that we are, I mean, whether IQOS, Marlboro, there is of course a very strong loyalty and attachment to the brand. New York: +1 (917) 663 2233 Okay. No? And even though you're acquiring Swedish Match, it's still not directly analogous to your business moving forward. And we had an adjusted EPS growing organically again on the pro forma basis at 16%. For more information, please visit www.pmi.com and www.pmiscience.com. But in addition to that, in order to face the disruption in the supply chain, there is significant spending in air freight that is going to impact Q2. So I'm going to start with, again, it's trend for me anyway, at least, with the very, very short-term. Well, I'm going to try, but of course I won't enter into the detail. _____________________1 Core business excludes Russia and Ukraine. Presenter SpeechEmmanuel Rosner [Audio Gap] of Deutsche Bank's Global Automotive Conference. Company and investor engagement was extremely high with more than 7,000 meeting requests. Okay. Presenter SpeechFaiza Alwy All right, good morning, everyone. But certainly for the year, we signal the fact that we could be around flat and maybe even a bit positive. Around 700 people and including 90 companies, attended over the three days of the conference. We have Cedric Prouv, the Group President of the | 12 Dezember 2022. Okay. And we see the test developing and there is clearly a trend behind disposable device. So I cannot elaborate on any discussion. Good morning, everybody. We have Cedric Prouv, the Group President of the | 12 Dezember 2022. And versus other markets in the world, there will be one specificity for us in the U.S. when we grow the smoke-free, and that will be the absence of cannibalization, because we don't have any combustible business. Is it about the growth it provides? I'm a member of Deutsche Bank's European Consumer Staples team; and by function of that, a member of Deutsche Bank's Global Consumer Staples team. Well, I'm now going to move on to Swedish Match. So, could you remind us how big Canada was in your business pre removing it from the P&L and let's put Swedish Match to one side and then if you've got any trapped cash in Canada that should the final resolution of this whenever that is go the industry's way, how much comes back on your P&L and your balance sheet? And so Gerry, we're going to talk about that, so I'm going to keep that for the Q&A, because there is so many interesting things to say about that. You've seen our Q1 were on a pro forma basis, you know that we define pro forma as the Group excluding Russia and Ukraine, where for this reason, it's more difficult in the current circumstances to give a guidance and visibility. For more information, please visit www.pmi.com and www.pmiscience.com. Then, on top of it, these are very special product, because today, you are very restricted in the moment when you can use whether IQOS or any vaping device. ET), at www.pmi.com/2022deutschebank, and on the PMI Investor Relations Mobile Application (available here). One could argue whether for the U.S. and the Nordic country, which is most of where the business is today, this could have been even a bit lower, but I think we are comfortable at the Group level with 7% today. Now, we signal that Q2 would be impacted by a number of one-offs. The event will be webcast live in listen-only mode, beginning at approximately 8:30 a.m. CEST (2:30 a.m. So it's not a question of if, it's a question of when; and one could say and how then probably. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Group. An archived copy of the webcast will be available until 5:00 p.m. My name is Gerry Gallagher, I'm one of the consumer analysts here at Deutsche Just the U.S. represents 60% in value of all the other market, where we have access today internationally for smoke-free. Well, first of all, Gerry, you will appreciate that I am under confidentiality here. Check out our latest news here. Philip Morris International: Delivering a Smoke-Free Future Future results are also subject to the lower predictability of our reduced risk product category's performance. In addition, we are excited to announce the broadening of our e-vapor portfolio, leveraging licensed technology and beginning with the planned second-half launch of our new VEEBA disposable e-vapor product.. So, I wasn't there when we did consider. We have ended on a very left field -- well not that left field, but something that doesn't get touched on many times. The first one is based on your balance sheet and I've got PMI pointing about this and maybe I'm off-track and nobody else thinks this an issue. There is also the opportunity outside the U.S., because we believe that nicotine pouches is going to be a very attractive category for a number of reasons, if you give me two minutes to elaborate. Digital Disruption. I'm going to start with a few introductory comments, but I, first of all, bring your attention on the cautionary and forward-looking statement. Banks or Fintechs Who All right. So as you can see from those numbers, it continues to be one of, if not the preeminent investor conference in terms of consumer staples. We said it and we mean it, we are going to become a smoke-free company. When we grow IQOS, we are growing premium brand and therefore there is more impact on the premium combustible brand, where Marlboro is of course the leader, but we were -- and even a bit better than that maintaining our share of segment in the first months of 2022. L'imbottigliatore Coca-Cola HBC alza le prospettive di profitto per il 2022 grazie alla.. Coca-Cola HBC AG fornisce una previsione di guadagno per l'intero anno 2022, Chief Executive Officer & Executive Director. Distributed by Public, unedited and unaltered, on 15 June 2022 11:32:04 UTC. Around 700 people and including 90 companies, attended over the three days of the conference. And in the last hours, we announced an agreement with a company called Kaival, which is known with their BIDI brand in the U.S. And this company is going to license a great technology for vaping disposable device and we're going to be license the technology for outside the U.S. And the question is this: For a decade or for many, many decades, but particularly recently the industry against the backdrop of low inflation, has been able to put through ongoing material value-creating price increases alongside the way the tobacco model works. We are obviously a leader in heat-not-burn, they are a leader in oral nicotine, and together, we're going to be stronger. This press release contains statements relating to future status or circumstances, including statements regarding performance, growth and other trend projections, that are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. It may take you two seconds to answer the question, but I'm asking it. Transcript : The Este Lauder Companies Inc. Presents at Morgan Stanley Globa.. ANALYSEN DES TAGES von Dow Jones Newswires (25.11.2022), ANALYSE/Guccis nchster Neuanstrich braucht einen klassischeren Look. And in total, we have over 750 attendees at the conference over the next three days. Forward-Looking & Cautionary Statements We are very profitable already, but they are even a bit more profitable than we are. So we continue with IQOS to be very successful in Europe. This presentation may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995. And we really have been building unique capacities with $1 billion of investment around inhalation, dealing with a number of component, bethanechol. But we continue to develop our smoke-free product. ET at The Westin Paris Vendome in Paris, France. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. 15, 2022 1:59 PM ET Colgate-Palmolive Company (CL) SA Transcripts. Deutsche Bank Global Consumer Conference. No. They are the leader, of course, of the nicotine pouch category; they have about 65% market share. We now expect better performance from our core business1 in the second quarter, including a less unfavorable timing impact related to cigarette shipments., Our value-creating offer for Swedish Match serves as a compelling strategic and cultural fit to accelerate a smoke-free future. Please. PMI cautions that the foregoing list of important factors is not a complete discussion of all potential risks and uncertainties. Words such as 'will', 'aim', 'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision', or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. Appreciate it. So today, I don't see kind of tightness or risk of having difficulty to finding the group, but I'm hopeful that maybe some people were not doing that could reconsider. Jun. I said it, which is the capacity to enrich around nicotine, but that's what the company will be about in the future. The Estee Lauder Companies to Participate in Fireside Chat at the Morgan Stanley Global.. Thank you. But that would be of course very good news to have the Canadian business back in our P&L. Well, I'm going to stay at very general comment, Gerry, on that topic. So if we have this platform in the future, we can think of bringing more product to Swedish Match organization in the U.S. and to develop a very nice smoke-free portfolio in the country. The Este Lauder Companies Holds Annual Meeting of Stockholders. Welcome to Deutsche Bank's Global Materials Conference. We'll carry on with me asking a series of questions. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. I think everything around better sleep, more energy, more focus, less stress. Can you tell me what the cost of capital is? Great. Why now and what is really driving the acquisition? LOUISVILLE, KY BrownForman Corporation (NYSE: BFA, BFB) will present at Deutsche Banks annual dbAccess Global Consumer Conference on June 16, 2022 in Paris. And that is going to be a nicely growing business. Back to my earlier comment on offering a broad portfolio of smoke-free product to nicotine consumer, that's going to be giving, I hope, an amazing acceleration and capacity to do that. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of Philip Morris International Inc. (PMI). And what is driving the strength of the company on this first months of 2022 is, first of all, of course a continuation of the success of IQOS. 132.34K Follower s. Follow. So we're going to talk about that, of course, with them, but we have no reason to believe that eventually they did not take the right decision. On top of that and we see exactly, but I don't have the final visibility what is the kind of additional, I would say, favorable impact coming from favorable timing on shipment versus expectation. I'm going to ask one more question, then see if there's any questions from the floor given timing is moving on. -, EDGEWELL PERSONAL CARE COMPANY : Dtachement de dividende, Edgewell Personal Care Company : Canaccord Genuity maintient sa recommandation l'achat, Edgewell Personal Care Company : Jefferies & Co. confirme sa recommandation neutre. So that is what the wellness ambition is about. Now it's my great pleasure to welcome Jim Craigie, the Chairman and CEO; and Matt | 12 december 2022 There is one benefit, is that, if you managed to get to the right inhalation aspirin product for heart attack in 30 seconds, you can give the appropriate answer for heart attack when it's 20 minutes for oral intake and that can make a big difference. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Thank you very much. We are not providing today any update on the guidance, and we will wait for the communication of full Q2 number to come with an update on the guidance. And as we are gaining market share, of course, that means that we have a very nice growth profile ahead of us. So this is one product on which we are working. That is now not the case anymore. I think we are getting close to that. And of course, on top of that, we have been launching IQOS ILUMA that in Japan has been a great success. Good afternoon, everyone. Well, M&A is about alignment of planet. We've seen the retention improving as well. So we just show that we continue as we have already VEEV, as you know now, now that we're going to have this brand VEEBA for disposable device, we continue to complement our portfolio and to broaden our offer. So, I think we signaled the fact that it was around 7%. Unilever : Deutsche Bank Global Consumer Conference 2022 (PDF 7.2MB) This presentation may contain forward-looking statements, including 'forward-looking Staying on the big picture point, you talk about being a wellness and health -- you talked about investing in wellness and healthcare for further growth on in many years post today. Leanne Cunningham, Brown-Formans Senior Vice President and Chief Financial Officer, will begin speaking at approximately 8:30 a.m. (CEST) on Thursday, June 16, 2022. Further details of potential risks and uncertainties affecting the Group are described in the Group's filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including in the Unilever Annual Report and Accounts 2021. The U.S. Food and Drug Administration (FDA) has authorized the marketing of versions of PMIs IQOS Platform 1 devices and consumables as Modified Risk Tobacco Products (MRTPs), finding that exposure modification orders for these products are appropriate to promote the public health. Therefore, at the same time, they will have some hopefully salary increase that's going to come with the general inflation, but maybe some, some limitation. Could you just talk about that big picture thoughts? These forward-looking statements speak only as of the date of this document. We are getting close to doubling the market share, so quite impressive. The Este Lauder Companies to Participate in Fireside Chat at the Morgan Stanley Global.. Estee Lauder : Submission of Matters to a Vote of Security Holders - Form 8-K. Estee Lauder Companies Inc : Submission of Matters to a Vote of Security Holders, Financia.. SUBSCRIBE What we've seen with ILUMA in Japan has been seen in the two other markets in Europe, where we have been launching. Notice for Investor Presentation. And here, it's not about becoming pharmaceutical company. Any such forward-looking statements speak only as of the date on which they are made and PMI has no obligation (and undertakes no such obligation) to update or revise any of them, whether as a result of new information, future events or otherwise, except for in accordance with applicable laws and regulations. And I think we understand that it's convenient. Edgewell Personal Care Company : Canaccord Genuity mainti.. Edgewell Personal Care Company : Jefferies & Co. confirme.. Edgewell Personal Care Company : Barclays reste pessimist.. Edgewell Personal Care Company : Goldman Sachs est neutre. So we have, obviously, with IQOS, the best product for heat-not-burn. So we're going to be able in a number of market to start selling great disposable vaping device in the coming quarters. And obviously that is a platform for us as well for the rest of the smoke-free portfolio. An archived copy of the webcast will be available until 5:00 p.m. It is my pleasure to welcome Este Lauder to the conference this year. We understand that it's easy to use, but certainly a category on which a lot of carefulness should be put in term of marketing and everything should be done to avoid unintended usage and of course underage usage. But I would say it's almost mechanical, because as we see the weight of the smoke-free product in our portfolio growing and whether IQOS today, our vaping product and hopefully the Swedish Match brand tomorrow, I mean, they grow fast. Could you just clarify where you see the cigar business sitting in the new combined Philip Morris Swedish Match? Just picking up on one point, just wanted to clarify or make one thing clear. Okay. We have got close to 100 corporates attending either presenting and/or giving one-on-one meetings with investors. If you have an ad-blocker enabled you may be blocked from proceeding. We've been providing even more data on our ESG KPI Protocol; so how do we assess our impact and what are the key data that we are looking on. Okay. The format of our session this morning will be, Emmanuel is going to introduce Philip Morris International with some opening remarks over five minutes or so, we'll then bring it back to me for some Q&A and a fireside chat format, and at some point through the presentation I will open up to you guys in the audience for some questions. Our presentation contains non-GAAP financial measures, which differ from our reported results prepared in accordance with U.S. generally accepted accounting principles (GAAP). So with that, Emmanuel Babeau, thank you very much for your time very much. Forward-Looking & Cautionary StatementsThis press release contains statements relating to future status or circumstances, including statements regarding performance, growth and other trend projections, that are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Verzgert Nyse Thank you. Then, on top of that, because we are mastering how do you create an aerosol, how do you generate the perfect inhalation in term of dosage, how do you create the product in term of drug-device combination, we've been creating a unique expertise. Presenter SpeechWilliam Schmitz Okay. So we see really we can assess the potential of ILUMA, and that bodes, as I said, extremely well for the future. On Tuesday 14 June 2022, Nicolas Hieronimus, CEO, will participate at the 2022 Deutsche Bank Global Consumer Conference. You know that nicotine user use nicotine, because they feel better and they feel good with nicotine; they feel less anxious, less stressed, they feel more focused. And I believe that, together, they're going to be stronger. We're pleased to welcome Graeme Pitkethly, CFO, and Hanneke Faber, Nutrition Business Group President, presented at the Deutsche Bank Global View source version on businesswire.com: https://www.businesswire.com/news/home/20220613005827/en/, Philip Morris International Investor Relations:New York: +1 (917) 663 2233Lausanne: +41 (0)58 242 4666InvestorRelations@pmi.com, Media: David FraserLausanne: +41 (0)58 242 4500David.Fraser@pmi.com, https://www.businesswire.com/news/home/20220613005827/en/, WRAPUP 1-Ukraine steps up diplomacy amid fighting, power outages, UPDATE 1-Abu Dhabi Investment Authority to invest in India's Lenskart - ET, Oil Rebounds as Key Pipeline Remains Shut and China Eases Curbs, Japan's Nikkei slips on caution before Fed decision; tech stocks slide, Dollar Up, Stocks Down as Traders Eye Rate Paths: Markets Wrap. PMI cautions that the foregoing list of important factors is not a complete discussion of all potential risks and uncertainties. Look, I'm not sure that the tobacco industry is going to make a lot of difference versus other industry. There is also all the investment that we are making on the supply chain to try to adjust to the new situation. So we are a consumer business. Okay. Google Firefox So we are not deteriorating the profitability profile of PMI through this deal. Is it about diluting the combustible side of the business? As of March 31, 2022, PMI's smoke-free products are available for sale in 71 markets, and PMI estimates that approximately 12.7 million adults around the world excluding Russia and Ukraine, have already switched to IQOS and stopped smoking. Then, of course, for us, it's also to be back in the U.S., and not in a kind of de minimis manner, because this is seen in the U.S., this is the fastest growing brand in the nicotine space in the U.S.; amazing growth. But I think the first news is that the underlying business is doing well. So we're going to grow our smoke-free business without any negative impact in term of numbers for an existing combustible business. So we will start on the assumption and basis that this is the right decision and that this cigar business should stay for the time being in the portfolio. Brown-Forman Corporation BFA BFB))) will present at Deutsche Bank's annual dbAccess Global Consumer Conference on June 16, 2022 in Paris. Here in this room, you could not; in a restaurant, in a plane, in the office. These are two separate things. I'm the lead U.S. autos and auto We got two minutes left. That's really what we want to do. I think, the first message that we see, the business continuing to perform well, okay? Yeah. Our 2022 growth fundamentals remain strong, underpinned by the continued growth of IQOS and robust cigarette category share, said Emmanuel Babeau, Chief Financial Officer. ET on Wednesday, July 13, 2022, also at www.pmi.com/2022deutschebank. SP Global, Inc. 14800 Conference Center Dr., Suite 300 Chantilly, VA 20151 (844) 774-5622 Contact Us And is that you guys suggesting that the vaping market and a closed environment going down the disposable route or the -- can you talk about that a little bit? Okay. I think we'll make a start now. Tutti i diritti riservati. Webcast. Thank you, Emmanuel. With that introduction, it's my very great pleasure to introduce you to Emmanuel Babeau, Chief Financial Officer of Philip Morris International. I appreciate things like distribution and legal structures and all that stuff that analyst-investors watch over and think it's all pretty easy, and it isn't. The event will be webcast live in listen-only mode, beginning at approximately 8:30 a.m. CEST (2:30 a.m. Absolutely. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Is it about the U.S. dollar? And even in Spain, which has been a market where we have had some more difficulty to increase the market share of IQOS, we've seen another big major influence and some very nice movement upward. NEW YORK--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.s (PMI) (NYSE: PM) Chief Financial Officer, Emmanuel Babeau, will address investors today at the Deutsche Bank Global Consumer Conference in Paris. It's a very nice business. As I said, we are growing volume by 5% in Q1. The real debate should be, okay, that could be an addiction, but what the real impact on health. So I think it's a category that has a potential that should be carefully handled. After two years in the virtual world Deutsche Bank Research returned to Paris to host another highly successful Global Consumer Conference. This includes the building of world-class scientific assessment capabilities, notably in the areas of pre-clinical systems toxicology, clinical and behavioral research, as well as post-market studies. For the best Barrons.com experience, please update to a modern browser. Yeah. Leanne Cunningham, BrownFormans Senior Vice President and Chief Financial Officer, will begin speaking at approximately 8:30 a.m. (CEST) on Thursday, June 16, 2022. My name is Gerry Gallagher, I'm one of the consumer analysts here at Deutsche Bank in Europe working out of London. We operate across a wide range of channels with thousands of motivated salespeople to activate our 24/7 portfolio. Emmanuel Babeau - CFO. NEW YORK, June 14, 2022--(BUSINESS WIRE)--Regulatory News: Philip Morris International Inc.s (PMI) (NYSE: PM) Chief Financial Officer, Emmanuel Babeau, will address investors today at the Deutsche Bank Global Consumer Conference in Paris. And maybe that was helped by the lack of inflation elsewhere in the world. Well, okay, let's have a debate on the addictive nature of nicotine, which is not the only addictive product, by the way, I mean, caffeine is additive as well. IQOS is growing and progressing extremely well here in Europe. Yeah. SUBSCRIBE I've got two more questions. The I think, it shows the superiority of the product. I'm going to finish. Mark Clouse, President and Chief Executive Officer, and Mick Beekhuizen, Chief Financial Officer, will Thank you. All right. McCormick & Co. presentation and fireside chat at the 2022 Deutsche Bank dbAccess Global Consumer Conference. David.Fraser@pmi.com, Philip Morris International Inc. Presents at 2022 Deutsche Bank Global Consumer Conference, Internet Explorer presents a security risk. Watch his live speech by clicking here(a Philip Morris International (PMI) is a leading international tobacco company working to deliver a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector. And of course, now that it's going to be supported if we close the deal by the strength of PMI internationally, we think we can further accelerate and therefore for all this reason, two leaders getting together on smoke-free, the U.S., for us, a great platform and the international potential, that is a great deal. ET on Wednesday, July 13, 2022, also at www.pmi.com/2022deutschebank. But we're not going to the U.S. to play on the combustible, we're going on the U.S. to play the smoke-free opportunity. We have Cedric Prouv, the Group President of the | 12 Dezember 2022. They are amazing people. So for the time being, we are discussing on how the agreement should be renegotiated, re-discussed, reorganized, rearranged. PMI is further subject to other risks detailed from time to time in its publicly filed documents, including the Form 10-Q for the quarter ended March 31, 2022 and the Form 10-K for the year ended December 31, 2021. We've seen an improvement of the net promoter score, so the customer being more satisfied with the new version of IQOS, which bodes very well for the overall potential of IQOS ILUMA across the geographies. There can be no assurance that actual results will not differ materially from those expressed or implied by these forward-looking statements due to many factors, many of which are outside the control of Philip Morris International Inc. (PMI). And I'm conscious we've done half of our time on the very short term and on one transaction. So it shows that we are getting maybe to this pivotal point where the change in the portfolio and moving to a portfolio that is growing fast on smoke-free product is probably going to be able to compensate for the decrease in CC and that is a good news, because that shows that fundamentally we are a growth company, I think that we've been showing it on revenue and on bottom-line, but if it starts with volume, it's probably even clearer. With a strong foundation and significant expertise in life sciences, in February 2021 PMI announced its ambition to expand into wellness and healthcare areas and deliver innovative products and solutions that aim to address unmet consumer and patient needs. June 14, 2022 05:15 AM ET. We see the brand doing very well in a number of country; you have this accumulation of a big European capital now where the brand has a double-digit market share, sometime we are even north of 20%. We see the continuation of a robust performance in combustible business, which is good news, because success in combustible is helping us to be successful in our smoke-free journey. I'm going to move on now from Swedish Match to possibly even bigger picture questions. Thank you. June 2022. This is an excerpt of the original content. I just want to conclude by saying that on top of that, they are improving our growth profile, because they were growing faster than us and they are also a bit more profitable than we are. Presenter SpeechKyle White Good morning, everyone. The mix is going to be negative with a lot of sale for devices. So I think we need a clarification on, okay, what should be the debate and certainly on what the risk nicotine means for consumer and for public health. Here you will use by 100%, okay? So super-dynamic business at the beginning of the year. So if we complete the acquisition, we'll have this great distribution platform in the U.S., but IQOS, we have an agreement with Altria, and of course, the agreement as we said, is presenting a number of issues, because of the ITC decision, the fact that we had to stop, we're going to restart on a different basis and we flagged the fact that we are working on domestic production, but we have an agreement with Altria. Before I move on to my next series of questions, is there anyone who got a question from the audience? * Your email is kept confidential and only used by Dulles Expo Center It's great to be back in Paris, of course, and it's not just because having friends that I'm saying that, but it's really great to be together again and be able to meet face-to-face. Please read them carefully. AI in banking and business what can it do and who stands to gain? And then just one final one. So on Canada, I think, it's going to take me a bit more than two seconds, because the matter is complex. All rights reserved. Keep up with news and press releases from Scandinavian Tobacco Group by subscribing to our company announcements. Philip Morris International Inc. (NYSE:PM) 2022 Deutsche Bank Global Consumer Conference June 14, 2022 2:30 AM ET. Copyright 2022 Surperformance. And I think, we're going to do all the work necessary for people to better understand what nicotine is about. Tuesday, 14 - Thursday, 16 June 2022 dbAccess Global Consumer Conference 2022. Copyright 2022 Surperformance. Good afternoon, everyone. So, remember, our brand for closed system is VEEV. So that's going to have some positive impact on the performance of Q2 versus initial expectation. So we're not going to invest billion in new molecule, but it's taking existing molecule and say, how can I through inhalation here and welcome my inhalation science, how can I bring this molecule that normally is taken through oral, and I always take a good example, which is aspirin and bring into inhalation. Good morning, everybody. Edgewell spun off their battery business 2 years ago and is now a pure-play personal care company. To be very clear, we want to play the U.S. in the smoke-free opportunists. So that's really about getting stronger, sharing the same vision, the same culture, and therefore it makes sense to be together. First of all, Gerry, you were asking why now. So here we go. So we started Q1 with a strong growth in term of volume, almost 5% up in term of shipment, quite an impressive growth when you compare to the performance of the industry as a whole. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. My name is Kyle White. And that is giving us a lot of capacity and legitimacy to work on two direction. There's always been an underlying conversation at least with people I've been talking to, and that's probably been amplified by the acquisition of Swedish Match. Our route to InvestorRelations@pmi.com, Media: David Fraser But given the nature of the category, given the way markets have moved pretty quickly towards ESG, to what extent do you see the world's debt markets beginning to question by your debt or is that just not been a problem? And we believe we want to do that in a very responsible manner. We managed to generate revenue growth on an organic basis of 10%. Mark Clouse, President and Chief Executive Officer, and Mick Beekhuizen, Chief Financial Officer, will participate in a fireside chat at the dbAccess Global Consumer Conference on Wednesday, June 15, 2022 at 10:30 a.m. CEST / 4:30 a.m. So we see -- and people are likely to discover that they take a plane, they want to enjoy their nicotine sit in our plane, they're going to try and they're going to say, whether permanently or for some moment that is a product that makes sense for me when I want to enjoy my nicotine. Thank you. Check out our latest news here. ET), at www.pmi.com/2022deutschebank, and on the PMI Investor So it's a very successful organization and we are going very fast and nicely profitable business there. So some anti-tobacco organizations were at the beginning clearly saying, well, combustible cigarettes are bad, because of combustion and so on. I'm Alle Rechte vorbehalten. The U.S. Food and Drug Administration (FDA) has authorized the marketing of versions of PMIs IQOS Platform 1 devices and consumables as Modified Risk Tobacco Products (MRTPs), finding that exposure modification orders for these products are appropriate to promote the public health. I'm not able to give you timeline, I'm not able to tell you whether it's going to happen, because we would have managed to actually put an end to the combustible cigarette at least in all the key market or whether at a certain point in time the combustible business, being much smaller, it will maybe leave the company. Transcript : Coca-Cola HBC AG Presents at Morgan Stanley Global Consumer & Re.. Coca-Cola HBC AG: Deutsche Bank Securities ancora positivo, Coca-Cola HBC AG: Jefferies & Co. per il Buy. PMI's future profitability may also be adversely affected should it be unsuccessful in its attempts to produce and commercialize reduced-risk products or if regulation or taxation do not differentiate between such products and cigarettes; if it is unable to successfully introduce new products, promote brand equity, enter new markets or improve its margins through increased prices and productivity gains; if it is unable to expand its brand portfolio internally or through acquisitions and the development of strategic business relationships; or if it is unable to attract and retain the best global talent, including women or diverse candidates. Okay. Now, when we look at the year, I think we are today doing a pretty good work trying to adapt to the situation and we'll see where we finish the year, but there are certainly a few places where we are today adapting to the high inflationary environment and where we are increasing price. So, one day PMI will be a smoke-free company. That raises a number of other questions, but I'll let them go for the sake of time and I'm sure they may come up through the course of today's meetings you have with people. We continue to catch up after the low point of the H2 sale of device. In fact, everything started through all the R&D scientific work, innovation that we've been developing when we were creating IQOS. To continue reading it, access the original document here. There are a number of product without nicotine on which we could develop and use the technology that we've been developing. Campbell at 2022 Deutsche Bank Global Consumer Conference. And I think there is a total misunderstanding here, because they are still creating the thing that nicotine is responsible for the disease caused by smoking, which is obviously not the case. I'm going to ask some pretty simple questions straight off. The Este Lauder Companies bernimmt das Modelabel TOM FORD, Estee Lauder : BofA Securities klebt neutral, Estee Lauder : Wells Fargo Securities bleibt bei seiner Kaufempfehlung. We see confirmation of the strength of IQOS and all the good thing that we've been saying. So this is really, what is, in an underlying manner, I would say strengthening. And I've just hit zero on the stopwatch. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. ", "Our value-creating offer for Swedish Match serves as a compelling strategic and cultural fit to accelerate a smoke-free future. Lausanne: +41 (0)58 242 4666 Look, we have a very high regard for the management of Swedish Match. So 4%, 5% of our revenue gives an idea of what it is. We're going to get started here with Church & Dwight. We've seen the user acquisition for smokers improving. The event will be webcast live in listen-only mode, beginning at approximately 8:30 a.m. CEST (2:30 a.m. After two years in the virtual world Deutsche Bank Research returned to Paris to host another highly successful Global Consumer Conference. Future results are also subject to the lower predictability of our reduced risk product category's performance. Now that we see that actually some players in the industry are going to a smoke-free vision very clearly say, yeah, but you have the nicotine. _____________________ They managed to defend it very well. No, I think, so it's going to be VEEBA. I'm Faiza Alwy, Deutsche Bank's beverages and household, personal care analyst. Our 2022 growth fundamentals remain strong, underpinned by the continued growth of IQOS and robust cigarette category share, said Emmanuel Babeau, Chief Financial There is cash there, but you don't see it in the balance sheet and I'm not able to comment on the cash in pipe, because that will depend on in line of resolution, of course. Please don't be shy and ask any questions you may have. As of March 31, 2022, PMI's smoke-free products are available for sale in 71 markets, and PMI estimates that approximately 12.7 million adults around the world excluding Russia and Ukraine, have already switched to IQOS and stopped smoking. And of course, we're playing on names, so the disposable device will be called VEEBA. I'm going to start with a few introductory comments, but I, first of all, bring your attention on the cautionary and forward-looking statement. The question is this: We've got the mental question in the U.S., we had the age question being raised in the UK following New Zealand that the comments around minimally addictive nicotine resurfacing again in the U.S. Could you talk to us a little bit about where you see the global regulatory framework for the category? Thank you for being here. How cloud technology is silently revolutionising our economy. Tempo differito London Stock Exchange But the direction is clear, we are going to be at one point in time a smoke-free company, it's just too early today to say when and how we'll get there. So, it's, of course, difficult to say, because you see countries taking very different routes. The first reason is that one could define nicotine pouches as a kind of ultimate level in term of tobacco harm reduction, because you know that IQOS heat-not-burn or vaping, when they are good product, you reduce by about 95 product the exposure to toxic and that -- this product present versus combustible cigarettes. And there is still a lot of misunderstanding because a number of organizations are just creating probably willingly a kind of misunderstanding of the problem. You talked about meeting the cost of capital on this transaction within five years. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. "We now expect better performance from our core business1 in the second quarter, including a less unfavorable timing impact related to cigarette shipments. Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: Unilever's global brands not meeting consumer preferences; Unilever's ability to innovate and remain competitive; Unilever's investment choices in its portfolio management; the effect of climate change on Unilever's business; Unilever's ability to find sustainable solutions to its plastic packaging; significant changes or deterioration in customer relationships; the recruitment and retention of talented employees; disruptions in our supply chain and distribution; increases or volatility in the cost of raw materials and commodities; the production of safe and high quality products; secure and reliable IT infrastructure; execution of acquisitions, divestitures and business transformation projects; economic, social and political risks and natural disasters; financial risks; failure to meet high and ethical standards; and managing regulatory, tax and legal matters. CCH Deutsche Bank | 2022 dbAccess Global Consumer Conference Fireside chat transcript 15 June 2022 Page 2 of 13 Let me briefly touch on one of those pillars. And we see a number of people coming back to us and say, okay, so you've already flagged 2025 you're going to be predominantly smoke-free, asking the type of questions, Gerry, you were asking, when do you think you can be totally smoke-free, and therefore, restarting the dialog that for some of them had been disappearing. Estee Lauder : Canaccord Genuity revidiert seine Meinung und wendet sich an.. Edgewell Personal Care Company : Morgan Stanley toujours .. Edgewell Personal Care Company : Wells Fargo Securities f.. Transcript : Edgewell Personal Care Company, Q4 2022 Earnings Call, Nov 10, 2.. La socit de soins personnels Edgewell annonce ses rsultats financiers pour le quatri.. La socit de soins personnels Edgewell annonce ses rsultats pour l'exercice complet t.. 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