Pink Sheet is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

Sales & Earnings In Brief

This article was originally published in The Tan Sheet

Executive Summary

P&G health care: Soft results in personal health care and lower shipment volume of oral care and feminine care in certain regions following price increases contributed to a 2 percent decline in organic sales of Procter & Gamble's health care division in the third quarter, the firm announces April 30. Net sales for the health care segment fell 12 percent for the period to $3.2 billion. As expected, private-label competition continues to impact Prilosec OTC and the mildest cold and flu season in years impacted personal health care top-line results, P&G Senior VP and Treasurer Teri List said during a same-day earnings call. Oral care volume fell by low single digits primarily due to lower shipments of Crest in developing markets. Net earnings for health care fell 9 percent to $564 million driven primarily by foreign exchange impacts and commodity costs. The firm's net sales declined 8 percent to $18.4 billion for the January-March period, negatively impacted by unfavorable foreign exchange and lower shipment volume. Net earnings fell 4 percent to $2.61 billion

You may also be interested in...



Colgate Plans Launches With Advertising To Boost Second-Half Sales

Colgate-Palmolive intends to backload 2009 with product launches supported by advertising and promotion to counter soft second-quarter revenues

Colgate Looks To Upcoming Launches To Pick Up Sales Slack

Colgate-Palmolive has backloaded 2009 with product launches, which the firm is confident will help counter soft second-quarter revenues

Colgate Looks To Upcoming Launches To Pick Up Sales Slack

Colgate-Palmolive has backloaded 2009 with product launches, which the firm is confident will help counter soft second-quarter revenues

Related Content

Latest News
See All
UsernamePublicRestriction

Register

PS102877

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel