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Sales Up 2% at P&G

Good start to year, says McDonald.

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By: TOM BRANNA

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The Procter & Gamble Company (P&G)reported favorable first quarter results (July-September). Net sales increased 2% to $20.1 billion, and volume increased 8% driven by growth in all major geographic regions and five of six business segments. “Our first quarter was a good start to the fiscal year.We maintained our top-line momentum and delivered profitable market share growth,” said Chairman of the Board, President and Chief Executive Officer Bob McDonald. Key initiatives for the...

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