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P&G posts solid third-quarter sales growth, led by beauty segment
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P&G posts solid third-quarter sales growth, led by beauty segment
The Procter & Gamble Company (P&G) has reported sales growth for the third fiscal quarter, driven by better performance across all segments, especially beauty. Net sales for the January-March quarter rose 7 per cent year-on-year to US$21.2 billion. Organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, rose 3 per cent, including a 2 per cent increase from volume and a 1 per cent rise from pricing. The b…
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