Breaking News

P&G Earnings Up For Q4

August 17, 2006

Consumer product powerhouse Procter & Gamble, Cincinnati, OH, reported fourth quarter earnings of $1.90 billion, up 36% from $1.39 billion in the year-ago quarter. Procter & Gamble's net sales, including the addition of Gillette, for the quarter were $17.84 billion, up 25% from $14.26 billion in the same period of last year.

According to the company, price increases together with a more premium product mix, driven by product initiatives and the impact of adding the Gillette business, boosted the company's quarterly results, which more than offset the negative mix impact of disproportionate growth in developing regions.

Fourth quarter unit volume grew 23% year-over-year, while organic volume increased 6%. During the quarter, the company's gross margin climbed 29% to $8.95 billion from $6.95 billion a year ago. Operating income for the period surged 37% to $2.95 billion from $2.16 billion in the previous year.

  • Meltblown Nonwovens Report

    Meltblown Nonwovens Report

    Karen McIntyre, editor||November 11, 2015
    Often overshadowed by its older brother, spunbond, meltblown nonwovens continue to expand in a number of areas.

  • Filtration  Market Update

    Filtration Market Update

    Karen McIntyre||November 11, 2015
    Growth continues to be robust across all categories as new products and investments boost innovation.

  • The Feminine Hygiene Market

    The Feminine Hygiene Market

    Tara Olivo, associate editor||November 11, 2015
    Manufacturers of femcare products are overcoming growth challenges with marketing, education and new technologies.