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CEO Bob McDonald tells shareholders that innovation and portfolio expansion remain critical.
October 11, 2011
By: TOM BRANNA
Editor
Procter & Gamble made solid, reliable progress in fiscal year 2011 despite significant business and economic challenges, Chairman, President and Chief Executive Officer Bob McDonald, told the company’s shareholders at its annual meeting today. For the fiscal year that ended on June 30, 2011, P&G delivered organic sales growth of 4% and core earnings per share growth of 8%, and increased the quarterly dividend by 9%. P&G’s innovation and expansion programs drove mark...
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