MADRID, 19 Ene. (EUROPA PRESS) –
The American consumer and hygiene products giant Procter & Gamble (P&G) registered an attributed net profit of 3,933 million dollars (3,638 million euros) between the months of October and December 2022, the second fiscal quarter for the manufacturer of the Ariel detergent or Gillette razors, which represents a decline of 6.8% compared to the result for the same period in 2021.
P&G net sales totaled 20,773 million dollars (19,215 million euros), 0.8% less than a year earlier, following a 6% drop in volumes in organic terms, while prices rose 10% .
Specifically, revenue from the beauty segment fell by 3%, to 3,807 million dollars (3,251 million euros), while in the area of personal hygiene they decreased by 9%, to 1,643 million dollars (1,520 million euros). .
In turn, sales of the health care business increased by 2%, to 3,051 million dollars (2,822 million euros) and 1% in the home and cleaning area, to 7,032 million dollars (6,504 million euros). ), while revenues from the family, child care and feminine hygiene business, which groups sales of products such as toilet paper, diapers or sanitary towels, fell 1%, to 5,065 million dollars (4,685 million euros).
“We delivered strong results in the second quarter of fiscal 2023 in what continues to be a very difficult operating and cost environment,” said Jon Moeller, Chairman and CEO of the multinational.
“Progress once morest our fiscal year-to-date plan allows us to raise our sales growth outlook for the year and maintain our guidance range for earnings per share growth despite significant headwinds,” it added.
In this way, the multinational has raised its global sales forecast for the entire year to a range of between a fall of 1% and in line with the data from the previous year, compared to the previous range of a fall of 3% to 1 %.
The company also raised its outlook for organic sales growth to a range of 4% to 5% compared to the prior fiscal year from a previous growth range of 3% to 5%.
Likewise, P&G has maintained its outlook for the evolution of net earnings per share at 4% for the year 2023.
P&G specified that its fiscal perspective for 2023 includes headwinds of regarding 1,200 million dollars (1,110 million euros) due to the unfavorable exchange rate and 2,300 million dollars (2,127 million euros) due to higher costs of raw materials. and materials, and another 200 million dollars (185 million euros) due to higher freight costs.
Combined, these items represent a negative following-tax factor of $3.7 billion (€3.422 million) or approximately $1.50 per share on fiscal 2023 earnings.
