If you look at the results from the last quarter, business is still stable although more and more people are having to look at prices due to inflation.
There is not much growth at P&G at the moment
- Net sales -1 %;
- Organic sales +2 %
So you can't expect rapid share price gains here, but losses will also be limited.
Highlights
- Net profit 4 billion dollars
- Diluted net income per share amounted to 1,61$a decrease of 12 % from the prior year due to higher restructuring charges.
- Core earnings per share amounted to 1,93$an increase of 5% compared to the previous year
- 2.4 billion dollars Dividend paid out
- Share buybacks worth over 1.9 billion dollars
P&G has now increased its dividend for 68 years, currently 2.3% at 1.01$ per quarter
There is still plenty of scope for increases or further share buybacks, so P&G plans to buy back its own shares for between $6bn and $7bn in the 2025 financial year.
The business is boring but quite reliable, because even in the future babies will poop themselves and people will shave, brush their teeth and wash.
Women will also continue to be in a bad mood and get their period.😂👍
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