Procter and Gamble (P&G) – Company Information
Procter and Gamble (P&G) – Company Overview
|Company||Procter and Gamble (P&G)|
|Headquarters||One Procter & Gamble Plaza, Cincinnati, Ohio 45202, USA|
|CFO||Jon R. Moeller|
|Founders||William Procter and James Gamble|
|NYSE stock symbol||PG|
|Net Sales||$76,279 million USD (2015)|
|Operating income||$11,790 million USD (2015)|
|Net earnings||$7,144 million USD (2015)|
|IR contact number||1-781-575-4399|
|IR email address||Contact form|
Procter and Gamble (P&G) is a multinational consumer goods company, based in Cincinnati, Ohio, USA.
P&G is publicly listed on the New York Stock Exchange (NYSE) under the ticker symbol ‘PG’.
It sells a wide range of consumer goods that are sold in more than 180 countries and territories around the world.
The company’s main customers are mass merchandisers, grocery stores, membership club stores, drug stores, high-frequency stores, distributors and e-commerce retailers.
During the fiscal year of 2013 sales to Wal-Mart Stores, Inc. and its affiliates represented approximately 14% of P&G’s total revenue.
In August 2014 Procter & Gamble stated that it would be shedding half its consumer brands, and focus on just 70 or 80 of them. The aim, according to Chief Executive Officer, A. G. Lafley, is to streamline the world’s largest consumer-brands product business and accelerate growth.
P&G has five reportable segments:
Beauty – beauty care, hair care and color, prestige, and salon Professional products. Major brands include Head & Shoulders, Olay, Pantene, SK-II, and Wella.
Grooming – shave care, braun and appliances. Major brands include Fusion, Gillette, Mach3, and Prestobarba.
Health Care – feminine care, oral care, and personal health care. Major brands include Always, Crest, Oral-B, and Vicks.
Fabric Care and Home Care – fabric care, home care, personal power, pet care, and professional products. Major brands include Ace, Ariel, Dawn, Downy, Duracell, Febreze, Gain, Iams, and Tide.
Baby Care and Family Care – major brands in this segment are Bounty, Charmin, and Pampers.
The history of P&G goes back to the early 1800s, when two British men called William Procter and James Gamble emigrated to America. The two settled in Cincinnati and repsectively married Olivia and Elizabeth Norris. The father-in-law of the two men persuaded William and James to open their own business. Because of his suggestion in 1837 Procter & Gamble was created.
Procter and Gamble (P&G) – Financial Results
|Key figures (in millions of USD)||2015*||2014*|
|Net earnings from continuing operations||$8,930||$11,318|
|Cash and cash equivalents at beginning of period||$8,558||$5,947|
|Cash and cash equivalents at end of period||$6,845||$8,558|
*For the years ended June 30, 2015 and 2014
Source: “Procter and Gamble (P&G) – 2015 Financial Statements”