Procter & Gamble: beats consensus in Q1
(CercleFinance.com) - Procter & Gamble has reported Q1 adjusted EPS that is up 3% at 1.
12 dollar, thus beating the consensus by three cents, having been helped by a reduced tax rate related to the US tax reform.
Revenue generated by the consumer goods giant was flat at 16.7 billion dollars as reported, although is up 4% in organic terms, with a volume effect of three points and a price effect of one point.
Over FY 2018-19, the owner of household brands such as Gillette, Duracell and Pampers, confirmed that it is aiming for adjusted EPS that is up by 3% to 8%, as well as organic sales growth of 2% to 3%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
12 dollar, thus beating the consensus by three cents, having been helped by a reduced tax rate related to the US tax reform.
Revenue generated by the consumer goods giant was flat at 16.7 billion dollars as reported, although is up 4% in organic terms, with a volume effect of three points and a price effect of one point.
Over FY 2018-19, the owner of household brands such as Gillette, Duracell and Pampers, confirmed that it is aiming for adjusted EPS that is up by 3% to 8%, as well as organic sales growth of 2% to 3%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.