P&G Rides Pricing To Offset Lower Sales Volume, Currency Impact
This article was originally published in The Tan Sheet
Executive Summary
The health care segment recorded a 1% decline in organic sales to $1.8b in its latest quarter, but net sales declined 11% on a 6% impact loss in volume and a 9% loss to foreign exchange. Market analysts agree with P&G’s ongoing streamlining of brands despite the drag organic sales it is causing.