Procter & Gamble 4Q 2014 results: Baby, feminine and family care sales up 4%




CINCINNATI, OH, August 1, 2014-

The Procter & Gamble Company reported fiscal year 2014 core earnings per share of $4.22, an increase of five percent versus the prior year. Excluding the impact of foreign exchange, currency-neutral core earnings per share increased 14%. Diluted net earnings per share were $4.01, an increase of four percent. Organic sales grew three percent driven by three percent unit volume growth. Net sales were $83.1 billion, an increase of one percent versus the prior year, including a negative two percentage point impact from foreign exchange.

For the April - June 2014 quarter, core earnings per share were $0.95, an increase of 20% versus the prior year period. Excluding the impact of foreign exchange, currency-neutral core earnings per share increased 25%. Diluted net earnings per share were $0.89, an increase of 39% percent. Organic sales grew two percent, including a two percentage point benefit from pricing. Shipment volume was in-line with prior year levels. Net sales were $20.2 billion, a decrease of one percent versus the prior year period, including a negative two percentage point impact from foreign exchange and a modest negative impact from minor divestitures.


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