vypybiza.wordpress.com
P&G executives provided their 2010 outlook this morning in New York City duringf a strategic decisions conference hostedby . The compan predicted core earnings per shareof $3.65 to $3.80 in fiscal 2010, versus $3.62 to $3.66 in FY 2009. P&G's fiscal 2010 startws July 1. The $3.65 to $3.8 0 outlook represents zero to 4 percentg growth over expected fiscal2009 profit, of about $3.65r per share. And it falls short of that by analyst surveyed byThomson Reuters, who projected 2010 earningse per share of $3.91.
P&Gh expects fiscal 2010 organic salee growth of 1 percent to3 percent, mainlyt driven by growth in markegt share, and net sales of 1 percent to minus 2 percent, compared with fiscal 2009. The net salez figures factor in a negative foreigj exchange impact of 2 percent to3 percent, the company Chief Financial Officer Jon Moeller said in the release that P&Gt plans to invest aggressively in its businesses during fiscap 2010. “We want to position the companhy strategically and competitively to be even stronger coming out of thisgloball recession,” he said. Shares in P&G PG) rose 63 cents, to $52.41, in Thursday afternoo n trading.
Procter & Gamble, headquartered in develops, manufactures and markets consumer productsand pharmaceuticals.
No comments:
Post a Comment