Procter & Gamble repeats FY14 organic sales growth view 3%-4% Sees FY14 all-in sales growth in-line to up 2%. Sees FY14 core EPS growth 3%-5%, currency neutral core EPS growth 12%-14%. Comments from slides that will be presented at the CAGNY Conference.
Procter & Gamble: There is no doubt we are in a stretch of global volatility The company said there is a high amount of volatility both politically and economically. The company said it is "trying its best" and that they're "on it."
Procter & Gamble sees significant savings opportunities The company plans to create a new P&G over the next 18-24 months that will consist of 70-80 brands organized in a dozen businesses. The company plans to reduce waste, and to have a North Aerican supply chain redesign that will see fewer, multi-category plants and more common manufacturing platforms. Comments taken from P&G Annual Meeting of Shareholders.