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P&G Reports EPS of $0.92, Up 16% Behind 8% Sales Growth
Date:10/30/2007

e. The SK-II disruptions in Asia had a negative impact of

roughly one percent on Beauty sales. Net earnings in Beauty increased

nine percent to $689 million. Sales growth and lower overheads as a

percent of sales more than offset higher marketing spending and

increased commodity costs.

-- Grooming net sales increased nine percent to $2.0 billion during the

quarter. Sales were up behind five percent volume growth and four

points of favorable foreign exchange. A positive one percent pricing

impact was offset by a negative one percent mix impact from strong

developing market growth. Organic sales increased six percent for the

quarter. Blades and Razors volume increased high-single digits behind

double-digit growth in developing regions. Global Blades and Razors

market share increased to about 71 percent behind strong growth on

Fusion and Venus. Fusion delivered double-digit volume growth across

every geographic region where it has launched. Fusion market share

increased four points in the U.S. versus the year-ago period and Venus

market share increased two points in the U.S. behind the Venus Breeze

initiative. Braun volume was down for the quarter due to softness on

home appliances resulting from shipment constraints in Western Europe

and a de-emphasis on the home appliances business in the U.S. Net

earnings in Grooming were up 17 percent for the quarter to $451 million

behind strong sales growth and profit margin expansion.

Health & Well-Being GBU

-- Health Care net sales increased seven percent during the quarter to

$3.6 billion behind a four percent increase in volume. Pricing added

one percent to net sales but was offset by a negative one percent mix

impact from disproportionate growth in developing regions. Foreign

exc
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SOURCE The Procter & Gamble Company
Copyright©2007 PR Newswire.
All rights reserved

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