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Good Quarter and Year for P&G

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By: TOM BRANNA

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The Procter & Gamble Co. announced today strong growth for the April-June quarter and the fiscal year ended June 30, 2003, exceeding expectations. The company delivered excellent top line growth behind strong volume. In addition, the company achieved excellent cash flow productivity for the fiscal year behind higher earnings, lower capital spending and working capital improvements.For the quarter ended June 30, 2003, unit volume grew 5% over the prior year behind another quarter of double-d...

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