Procter & Gamble: Q2 EPS up slightly
(CercleFinance.com) - Procter & Gamble reports adjusted EPS up 2% to $1.
88 for Q2 2024-25, slightly ahead of expectations, on revenues of $21.9bn, up 2% as reported, and +3% organically.
The fast-moving consumer goods group, which owns the Gillette, Pampers, Ariel and Oral-B brands amongst others, explained that two points of this organic growth were due to an increase in volumes, and one point to a favorable geographic mix.
On this basis, Procter & Gamble confirms its full-year targets, i.e. adjusted EPS growth of 5% to 7% to between $6.91 and $7.05, and organic revenue growth of 3% to 5%.
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