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PG’s Sales Rise 10 In Fiscal Q4

P&G's Sales Rise 10% In Fiscal Q4

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By: TOM BRANNA

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The Procter & Gamble Company’s net sales grew 10% to $20.9 billion for the fourth quarter and 5% to $82.6 billion for fiscal 2011. Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, grew 5% for the quarter and 4% for the fiscal year. Unit volume was up 3% in the fourth quarter and 6% for the fiscal year, where volume grew in all business segments, all geographic regions, and in 15 of 17 key countries. Accordingto the company, volume growth was broad...

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