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P&G Reports 8% Sales Boost

Published October 30, 2007
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The Procter & Gamble Company announced for the third quarter a net sales growth of 8% to $20.2 billion. Every reportable segment delivered mid-single digit or higher sales growth.

The fabric and home care, baby and family care and grooming segments led the growth behind continued strong results on product initiatives across the globe.

"The fiscal year is off to a good start," said A.G. Lafley, chairman of the board and chief executive officer. "P&G continues to deliver broad-based top and bottom-line growth across its portfolio of businesses and geographies. This momentum, along with a robust initiative pipeline for the year, gives us confidence that P&G will deliver another strong year of growth."

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