Procter & Gamble: confirms adjusted EPS target
(CercleFinance.com) - Procter & Gamble said this Wednesday that it confirms its adjusted EPS target for FY 2018-2019, expecting EPS growth of 3% to 8% year-on-year, with organic sales growth now expected between 2% and 4% (compared to 2-3% previously).
In its second fiscal quarter, the consumer goods giant saw its adjusted EPS rise 5% to 1.25 dollar, beating the consensus by four cents.
At 17.4 billion dollars, the group's revenues, whose brands include Gillette and Pampers, were flat as reported and up 4% like-for-like.
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