Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue July 2015
 •  Taylor To Succeed Lafley at P&G  •  Revlon Reports Q2  •  LVMH Fares Well in First Half  •  Procter & Gamble Ready To Name Lafley Replacement  •  Novel Surfactant By BASF, Solazyme
Print

Procter & Gamble Posts Double-Digit Growth



Published November 15, 2005
Related Searches: marketing continue quarter inci
Post a comment
The Procter & Gamble Company, Cincinnati, OH, announced sales and earnings growth were above long-term targets in the third quarter. Unit volume grew 20% and net sales increased 22%, including 5% from favorable foreign exchange. Net earnings increased 20% to $1.53 billion due to strong volume and continued gross margin improvement, which funded increased marketing investments, executives said. Diluted net earnings per share increased 20% to $1.09 and earnings per share increased 14%.
Net sales growth included a positive foreign exchange impact of 4% driven by continued strength of the euro, British pound and Canadian dollar.


blog comments powered by Disqus