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Net sales increase 9% to $20.5 billion
April 30, 2008
By: TOM BRANNA
Editor
The Procter & Gamble Company posted financial results for the first quarter 2008. Net sales increased 9% to $20.5 billion. Operating profit was up 13% $4.1 billion. Based on the company’s January-March quarter results by business segment, beauty net sales increased 9% to $4.7 billion, but net earnings in beauty were down 2% to $589 million. Health care net sales were up 11% during the quarter to $3.7 billion. Fabric and home care net sales increased 10% to $5.8 billion, while baby and...
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