P&G Delivers Double-Digit Currency Neutral Core Earnings Per Share Growth in Fiscal 2015; Fourth Quarter Core EPS $1.00, +8%, Currency Neutral Core EPS +22%; Announces Accounting Change for Venezuelan Operations, Takes Related $2.1 Billion Charge30/07/2015 12:55 pm BSTThe Procter & Gamble Company (NYSE:PG) reported fiscal year 2015 currency neutral core earnings per share growth of 11% versus the prior year. Core earnings per share were $4.02, a decrease of two percent. Diluted net earnings per share were $2.44, including a one-time charge of $2.1 billion, or $0.71 per share, for a change in the method of accounting for its Venezuelan operations from consolidation to the cost method, discussed later in this press release. Organic sales grew one percentmore...
29/07/2015 10:42 am BST
A.G. Lafley to Become Executive ChairmanThe Procter & Gamble Company (NYSE: PG) announced, July 28, 2015, that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as Procter & Gamble’s President and Chief Executive Officer, effective November 1, 2015. Mr. Taylor has been appointed to the Company’s Board of Directors. On November 1, 2015, A.G. Lafley will become Procter & Gamble’s Executive Chairman. In this role, Mr. Lafley will lead the Board of Directors, and providemore...
Procter & Gamble Fabric Care Overhauls Packaging to Make 230 Million Bottles a Year out of Recycled Plastic23/07/2015 10:33 am BST
- That is enough plastic to go from North to South Pole
- Flagship brands will be packaged in bottles composed of up to 50% recycled plastic (PCR)
- P&G Fabric Care calls for global suppliers to accelerate the use of PCR in their packaging
- First P&G bottles impacted by this announcement are expected to be on sale in early 2016Procter & Gamble (P&G) Fabric Care today announced a new environmental initiative which will see 230 million bottles of flagship brands like Ariel, Dash, Lenor and Unstoppables made out of 'Post Consumer Recyclate' (PCR) which is recycled packaging. As the fourth environmental action in a period of just eighteen months,* today's announcement is a continuation of P&G Fabric Care's journey towards greater environmental sustainability.The 230 million bottles, which are expectedmore...UK News Releases
09/07/2015 01:22 pm BST
Transaction to include P&G’s Salon Professional, Retail Hair Color, Cosmetics and Fine Fragrance businesses, along with select hair styling brands
P&G communicates intention to pay dividends and retire shares worth up to $70 billion over next 4 years
Transaction structure and cost reductions expected to fully offset lost earnings post-closingThe Procter & Gamble Company (NYSE:PG) announced the signing of a definitive agreement to merge 43 of its beauty brands (“RMT Brands”) with Coty Inc. in a Reverse Morris Trust transaction. The transaction includes P&G’s global salon professional hair care and color, retail hair color, cosmetics and fine fragrance businesses, along with select hair styling brands.P&G Chairman, President and Chief Executive Officer, AG Lafley, commented: “This represents a significant step forward inmore...
New Always® #LikeAGirl Unstoppable Video Reveals How Societal Expectations Can Hold Girls Back; Always Takes Action by Partnering with Academics and TED to Teach Confidence to Girls at Puberty07/07/2015 05:15 pm BST
New Always Survey Reveals Two Thirds of Girls in the UK Feel Held Back by Society“Girls can’t be brave” and “girls aren’t strong” are limiting phrases seemingly from a bygone era, but a new Always social experiment reveals that many girls today feel limited by society’s expectations of women. In fact, data from the most recent Always Confidence & Puberty Survey*, shows that 66 percent of girls feel held back by society, which they believe dictates what they should, and shouldn’t do. Today, Always, the global leading feminine care brand, is announcing the launch of itsmore...
23/06/2015 01:03 pm BSTThe world’s longest lasting battery, Duracell, has announced it will become an official Tournament Provider for Rugby World Cup 2015, which kicks off in England on September 18 later this year. The deal will include use of Rugby World Cup 2015 marks, use of past and present Rugby World Cup footage and tickets to matches including the Rugby World Cup 2015 Final. Duracell will also provide a range of its batteries to support the tournament’s delivery from 18 September to 31 October, 2015.more...UK News Releases
08/05/2015 03:43 pm BST
Pampers partners with award winning Director Elizabeth Stopford to celebrate #everybaby and turn families into TV stars!Every baby is a prince or princess to their parents, and with 2,000 babies born in the UK every day, they each deserve the same joyous celebration around their birth. At a time of national celebration around one special birth, Pampers is celebrating all babies born on the same day, in a new captivating film directed by award winning documentary maker, Elizabeth Stopford.This real-time content, we see the journey of everyday parents in the UK, mirroring the excitement of the new arrivalmore...
16/04/2015 05:24 pm BST
Stark Industries takes over Gillette’s R&D operation and uses its trusted technology to help men achieve an epic shaveIn what may be the most perfect union of superpowers, Gillette and Stark Industries have joined together with one goal in mind: create one of the best razors in the world. In fact, Gillette has allowed Stark Industries to take over its R&D department at World Shaving Headquarters to deliver an epic shave using Avengers-inspired technology. Of course, Stark Industries is no stranger to the toughest technological challenges, having conquered robotics, aeronautics, fringe science, andmore...Global News Releases
08/04/2015 05:17 pm BST
One product = One donationThe Saturdays star and Strictly Come Dancing runner up, Frankie Bridge is making an appeal to people across the UK to support the Superdrug and P&G #FeelSuper Campaign, which hopes to raise at least £100,000 for Marie Curie in 2015.From the 8th April to the 5th May inclusive, at Superdrug stores nationwide and at Superdrug.com, each time you buy any P&G product including brands like Max Factor, Olay, Gillette and Oral-B, you will trigger a donation to Marie Curie. Marie Curie ismore...UK News Releases
20/03/2015 04:00 pm GMTLast night Procter & Gamble (P&G) hosted the hotly anticipated North Surrey Young Enterprise Area Final at their UK headquarters in Weybridge for the seventh year.P&G were thrilled to support Young Enterprise in an evening of entrepreneurism and innovation last night. The North Surrey Area Final gives students the chance to showcase months of real life business trading and activities in front of a judging panel and an audience over 200 people! 14 companies from local colleges andmore...