Procter & Gamble 1Q 2015 results: net sales remain stable at $20.8 billion from year ago




CINCINNATI, OH, October 24, 2014-

The Procter & Gamble Company reported first quarter fiscal year 2015 core earnings per share of $1.07, an increase of two percent versus the prior year. On a currency-neutral basis, core earnings per share increased nine percent. Diluted net earnings per share were $0.69, including non-core items of $0.38 per share. Organic sales grew two percent for the quarter. Reported net sales were $20.8 billion, unchanged versus the prior year, including a negative two percentage point impact from the combination of foreign exchange and minor divestitures.

P&G generated operating cash flow of $3.6 billion and free cash flow of $2.8 billion for the quarter. Adjusted free cash flow productivity was 96%. P&G returned $4.2 billion in cash to shareholders, including $1.8 billion in dividends and $2.4 billion of common stock repurchases.


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