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| Philip Morris profits in 2nd quarter 2011 has grown by 26.2 %August 1, 2011 Company has increased profit prediction for 2011. Net profit of Philip Morris Company in second quarter 2011 in share equivalent has grown in annual basis by 26.2 % and made 1.35 USD per share, Company informs. Total income of Philip Morris Company has grown by 17.2 % and reached 8.3 billions USD. Operating income of the Company has grown by 27.7 % and reached 3.7 billions USD. Grow of rates has allowed Company to make redemption of 22.7 millions of shares and spent 1.5 billions USD on this. According to quarter results Company has increased profit prediction in one share equivalent for 2011 by 0.15 USD. According to Company's data profit will fluctuate in the interval between 4.7-4.8 USD for a share. Philip Morris International Inc. till 2008 made part of holding Altria Group. To tobacco brands assortment of the Company belong such famous brands of cigarettes as Marlboro, L&M, Parliament, Virginia Slims. Their products are sold more than 160 countries of the world. |
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