Philip Morris CR ups revenues to CZK21.69bn in 2025

Philip Morris CR ups revenues to CZK21.69bn in 2025

Kutna Hora, Central Bohemia, April 28 (CTK) - Tobacco company Philip Morris CR saw its revenues rise by 0.4 percent yr/yr to CZK21.69bn last year, while its net profit fell by 9.2 percent to CZK3.04bn and operating profit declined by 7.1 percent to CZK3.72bn, according to its annual report.

Sales in the Czech Republic and Slovakia declined again year-on-year last year. Combined, sales in both countries fell by 5.3 percent to 9.2 billion units.

According to the company, the decline in profit was negatively impacted by, among other factors, the exchange rate of the Czech crown against the euro, lower sales volumes of smoking products, and strategic investments. Revenue growth was driven by favourable price trends for smoking products and smokeless products.

In both 2024 and 2025, the company paid a dividend of CZK1,220 per share. Whether and in what amount it will pay a dividend this year will be decided by shareholders at the annual general meeting on May 29.

Philip Morris ČR operates a manufacturing plant in Kutná Hora and owns 99 percent of the Slovak company Philip Morris Slovakia. It employs over 1,300 people in both countries.

tam/Er