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CLAIM #50339 · PM (PM) · 2025Q2 earnings call · Jul 22, 2025 · due Jan 22, 2026

On the capacity, we can say that today, we we have been building a a comfortable capacity to face all kind of of very dynamic growth scenario for the for the future, and, therefore, we are we are comfortable for the coming quarters.

Emmanuel Babeau · CFO

PENDING
graded after results covering Jan 22, 2026 are reported

In context

r capacity and where it stands today? And when it will increase. Emmanuel Babeau: Sure. So of course, if we give this bracket, we believe that we can finish the the year within the bracket at you know, at every point of the of the bracket. We give the eight hundred to eight hundred forty million. Clearly, the fact that, you know, this ten to twenty million lower restocking that what maybe we thought. I mean, that is having an impact. But at the end of the day, I you can see that the the restart of IQOS can be very powerful. I mean, thirty six, thirty seven percent. We are restarting commercial activity advertising. So we don't know what's gonna be the growth profile for H2. So that's why we are still comfortable with with the eight hundred to eight hundred and forty a million can bracket. On the capacity, we can say that today, we we have been building a a comfortable capacity to face all kind of of very dynamic growth scenario for the for the future, and, therefore, we are we are comfortable for the coming quarters. Bonnie Herzog: Okay. And then maybe just another follow-up because you just touched on something that I also wanted to ask, which is, you know, now that you're I guess, essentially back in stock or you can ship to demand, How does that change your strategy, you know, as it relates for Zen, as it relates to, you know, your pricing, promotions, know, are you going to guess, get a little bit more aggressive in an attempt to possibly grow ZYN faster take more market share? Just how are you thinking about that? Emmanuel Babeau: Thanks. Yes. Yes. Of course, Bunny. So you're right. As I said, we go for a putting all levers to maximize the the the growth of of ZYN and and all that in a very different environment because now we have full availability. So during many months, many quarters, we've be

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SEC filings for PM · Claim quote is verbatim from the 2025Q2 earnings call.