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Procter & Gamble: Q1 EPS down 1%

(CercleFinance.com) - Consumer staples group Procter & Gamble has reported Q1 2021-22 adjusted EPS that is down 1% at 1.
61 dollar, on revenue growth that is up 5% at 20.3 billion dollars (+4% in organic terms).

Management said that it delivered solid results in a challenging cost and operating environment, adding that they leave it well placed to meet its FY revenue, profit and cash flow targets.

For FY 2021-22, the owner of the Ariel, Duracell and Pampers brands, amongst others, confirms that it expects adjusted EPS to increase by 3% to 6%, along with organic sales growth of 2% to 4%.


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