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Old Mutual's 2024 interim results show double-digit profit growth and a higher dividend, signaling resilient demand for its insurance and investment products. Philip Morris International's stock remains propped by a growing contribution from smoke-free products like IQOS, offset by currency headwinds while investors monitor margins, cash generation, and upcoming earnings guidance.

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Business·Jul 22, 2026

Philip Morris Cuts Guidance Amid Zyn Challenges

Philip Morris International is increasing investment in its Zyn nicotine pouches, launching new variants like Zyn Ultra to defend market share amid tougher competition, while still delivering a Q2 revenue beat. At the same time, the company trimmed its full-year profit guidance for a third time due to adverse currency effects and higher costs from the global environment.

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