Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue June 2015
 •  Unilever Acquires Murad  •  Alberto-Culver Facility Auction This Month  •  RIFM Names New President  •  Hair 'Dressing'  •  NudeStix Links Mobile Shopping and Makeover App
Print

Gillette Integration To Cut P&G Profit



Published October 31, 2005
Related Searches: sales financial share growth
Post a comment
Integrating Gillette Co. into Procter &  Gamble Co. will reduce P&G’s profit by 20 to 26 cents per share in the current fiscal year ending June 30, 2006, and by 12 to 18 cents the following year, P&G said.
While P&G didn’t provide earnings per share estimates for 2006 and 2007, it expects double digit increases in both years, it said. In fiscal 2005, which ended June 30, the company earned $7.26 billion, or $2.66 a share, on sales of $56.74 billion. Analysts surveyed by Thomson Financial projected on average earnings of $2.81 in fiscal 2006 and $3.18 in 2007. They expect revenue growth of 6% for 2006 and 5% for 2007.


blog comments powered by Disqus