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‘One of the simplest ways to handle disruption is to steer it’: P&G publishes Annual Report 2023


THE WHAT? Procter & Gamble has printed its 2023 Annual Report. The corporate highlighted that it has delivered one other robust 12 months in fiscal 2023, reporting web gross sales of US$82 billion, up 7 p.c in natural phrases, whereas core EPS development rose 2 p.c.  

THE DETAILS P&G credited its built-in strategic decisions for its success, regardless of ‘a really tough working atmosphere’. Its centered portfolio, superiority throughout product, packaging and communication, enhanced productiveness, capability to adapt and agility have all contributed to development.

Going ahead, the US FMCG large is specializing in 4 focus areas to enhance execution of its technique: provide chain, environmental sustainability, digital acumen and worker worth equation.

THE WHY? Jon Moeller, Chairman of the Board, President and CEO, commented, “Pre-COVID, throughout COVID and since COVID, pre-inflation and since inflation, we’ve got delivered constant, robust top-line development throughout classes and geographies, core EPS development every of the final 5 fiscal years, and constant money return to shareowners.”

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