Procter & Gamble: Q1 EPS up 5%

(CercleFinance.com) - Procter & Gamble reports Q1 2024-25 adjusted EPS that is up 5% at $1.
93, on sales of $21.7bn, down 1% as reported, but up 2% organically.

The consumer goods group, which owns the Gillette, Pampers, Ariel and Oral-B brands amongst others, explains that one point of this organic growth is due to price increases, and one point thanks to a volume effect.

On this basis, Procter & Gamble confirms its FY targets, i.e. adjusted EPS growth of 5% to 7% to between $6.91 and $7.05, and organic sales growth of 3% to 5%.


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