Procter & Gamble: 2024 adjusted EPS up 12%
(CercleFinance.com) - Procter & Gamble reports net sales of $84bn for FY 2024, up 2% from 2023.
NB: pmt -2.8%.
Adjusted EPS rose 12% to $6.59.
Jon Moeller, Chairman and CEO, reports that initial targets were exceeded in terms of organic sales growth, core EPS growth, cash generation and cash return to shareholders in a challenging economic and geopolitical environment.
As we look ahead to FY 2025, we expect to deliver strong organic sales, EPS and free cash flow growth - each in line with our long-term growth algorithm, he adds.
Specifically, P&G expects adjusted EPS growth of 5%-7% in FY 2025.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
NB: pmt -2.8%.
Adjusted EPS rose 12% to $6.59.
Jon Moeller, Chairman and CEO, reports that initial targets were exceeded in terms of organic sales growth, core EPS growth, cash generation and cash return to shareholders in a challenging economic and geopolitical environment.
As we look ahead to FY 2025, we expect to deliver strong organic sales, EPS and free cash flow growth - each in line with our long-term growth algorithm, he adds.
Specifically, P&G expects adjusted EPS growth of 5%-7% in FY 2025.
Copyright (c) 2024 CercleFinance.com. All rights reserved.