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Health Care Should Boost P&G’s First Quarter Results

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By: TOM BRANNA

Editor

Procter & Gamble said on Wednesday that it “comfortable” with consensus earnings-per-share growth expectations for the full fiscal year. The company made no change to its forecast for volume and sales growth for fiscal 2004.P&G also confirmed that the acquisition of Wella AG, which closed on Tuesday, is expected to have a neutral impact on earnings per share for both the first quarter and the full year.Against a tough year-ago comparison, the Dow Jones Industrials component...

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