THE WHAT? Procter & Gamble has introduced its second quarter outcomes for the present fiscal yr. Internet gross sales hit US$21.9 billion, a rise of two % versus the prior yr. Diluted internet earnings per share have been US$1.88, up 34 % on 2024 figures.
THE DETAILS Magnificence section natural gross sales elevated two % versus a yr in the past, spurred on by a robust efficiency from the Private Care unit, which delivered a double-digit gross sales rise. Grooming additionally placed on two % whereas Well being Care noticed gross sales rise three %, Material and House Care gained three % and Child, Female and Household Care grew 4 %.
THE WHY? Jon Moeller, Chairman of the Board, President and Chief Govt Officer, feedback, “The P&G crew delivered an acceleration in natural gross sales development, core EPS development and robust money return to shareowners within the second quarter. Our first-half outcomes hold us on observe to ship inside our steerage ranges on all key monetary metrics for the fiscal yr.
“We stay dedicated to our built-in development technique of a centered product portfolio of day by day use classes the place efficiency drives model alternative, superiority — throughout product efficiency, packaging, model communication, retail execution and shopper and buyer worth — productiveness, constructive disruption and an agile and accountable group. This technique has enabled our strong outcomes and is a basis for balanced development and worth creation.”