Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Bens...
FILE PHOTO: Packs of Benson & Hedges cigarettes are on display in a tobacco shop in Vienna, Austria, May 12, 2017. REUTERS/Leonhard Foeger
The company said it would deconsolidate RBH from its financial statements, and it cut its full-year 2019 diluted earnings per share forecast to at least $4.90 at prevailing exchange rates, from at least $5.28 in the forecast it made on March 4, shortly after the ruling in Quebec. On an adjusted basis, the current forecast for full-year 2019 represents earnings per share growth of at least 8 percent over last year, the Marlboro cigarette maker said.
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