Lockdowns drive Procter & Gamble | MarketingTribune Food and Retail

Sales also increased at the other P&G personal care and beauty divisions. In the first quarter of the broken fiscal year 2020, revenues increased year-on-year by 9 percent to $ 19.3 billion (16.3 billion euros, ed.). Net income was nearly $ 4.3 billion, an increase of 19 percent from a year earlier, Distrifood notes. The strongest growth can be attributed to the division that deals with detergents, air purifiers and cleaning products. Procter has indicated that it will adjust its expectations for the entire current financial year upwards. Read on here.
(PvWK, sources: Distrifood, Bloomberg; image: P&G cleaning products)

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