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April 30, 2004
By: TOM BRANNA
Editor
The Procter & Gamble Company, Cincinnati, OH, announced sales and earnings growth were above long-term targets in the third quarter. Executives said double-digit top line results were driven by strong organic volume growth across all business segments.The company delivered earnings per share of $1.09, a 14% increase compared to prior year core earnings per share. Unit volume grew 20% and net sales increased 22%, including 5% from favorable foreign exchange. Net earnings increased 20% to $1....
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