Bloomberg News

Philip Morris CR 2011 Net Revenue Excluding Taxes Rises 6.6%

March 27, 2012

Philip Morris CR (TABAK), a unit of Philip Morris International Inc. (PM), said full-year consolidated net revenue excluding excise and the value-added taxes increased 6.6 percent to 12.2 billion koruna ($661.8 million).

Shipment volume declined 7.5 percent in the Czech Republic and 2.8 percent in Slovakia, the company said in an e-mailed statement in Prague today.

To contact the reporter on this story: Peter Laca in Prague at

To contact the editor responsible for this story: Balazs Penz at

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