P&G Q4 net sales jump 4% to $17.1bn

Published: 30-Jul-2019
Finance

Organic sales increased 7% beating estimates

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P&G Q4 net sales jump 4% to $17.1bn
P&G owns beauty brands including Olay, Gillette, and SK-II // Image via Instagram @olay

P&G owns beauty brands including Olay, Gillette, and SK-II // Image via Instagram @olay

Procter & Gamble (P&G) has reported fourth quarter fiscal year 2019 net sales of $17.1bn, an increase of 4% on the previous year.

Organic sales increased 7%, driven by a 3% increase in organic volume, outperforming the +4% consensus estimate.

Its beauty division saw an

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