CleanTec Industry News

International. Procter & Gamble (P&G) released its net sales report for the fiscal first quarter in which it reported US$21,900 million, which meant an increase of 6% compared to the previous year.

The company reported operating income of $5.76 billion, a 17% increase from $4.93 billion a year ago. Net sales of P&G's health care division increased 11 percent, while sales in its beauty segment improved 3 percent from last year.

Meanwhile, the company's fabric and home care division increased sales by 8%, while its child, female and family care segment saw sales increase by 5%.

"We delivered very strong results in the first quarter of fiscal 2024, putting us on track for the higher end of our fiscal year guidance ranges for organic sales and core EPS growth," said Jon Moeller, P&G president and chief executive officer. "We remain committed to our integrated strategy of a product portfolio focused on everyday use categories where performance drives choice of product choice." branding, superiority (in product performance, packaging, brand communication, retail execution, and consumer and customer value), productivity, constructive disruption, and an agile and accountable organization. The execution of this strategy by the P&G team has allowed us to build and sustain strong momentum. We are confident that this remains the right strategy to achieve balanced growth and value creation."