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P&G Reports EPS of $0.92, Up 16% Behind 8% Sales Growth

hange contributed three percent to net sales. Oral Care sales were

up high-single digits over a strong base period that included the

launch of Crest Pro Health paste in North America. Feminine Care sales

also increased high-single digits behind double-digit growth in

developing regions. In Pharmaceuticals and Personal Health, sales were

up mid-single digits behind the addition of the Swiss Precision

Diagnostics joint venture and positive pricing and mix in

pharmaceuticals. Net earnings in Health Care were up nine percent to

$648 million primarily behind volume growth, pricing and lower product


-- Snacks, Coffee and Pet Care net sales increased six percent to $1.1

billion during the quarter. Volume increased two percent while product

mix and foreign exchange each had a positive two percent impact.

Snacks volume was up double-digits behind the launch of Rice Infusion

in Western Europe. Coffee volume increased mid-single digits behind

the launch of Folgers Black Silk, Folgers House Blend and Dunkin'

Donuts coffee. In Pet Care, volume was down primarily due to continued

negative impacts from the voluntary wet pet food recall last fiscal

year. Net earnings in Snacks, Coffee and Pet Care increased 30 percent

to $113 million as a result of sales growth, reduced overhead and

marketing costs and an insurance recovery related to Hurricane Katrina.

Household Care GBU

-- Fabric Care and Home Care net sales increased 10 percent to $5.9

billion. Volume was up eight percent and favorable foreign exchange

added three percent to sales growth. This was partially offset by a

negative one percent mix impact resulting primarily from

disproportionate growth in developing regions. Fabric Care volume

increased high-single digits behind the i

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

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