PROCTER & GAMBLE COMPANY

(PG)
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Delayed Nyse  -  04:03 2022-06-27 pm EDT
143.25 USD   -0.76%
06/27P&G Adjusts Time of Webcast Discussion of Fourth Quarter 2021/22 Earnings Results on July 29
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06/24THE PROCTER & GAMBLE COMPANY(NYSE : PG) added to Russell 1000 Growth Index
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06/24THE PROCTER & GAMBLE COMPANY(NYSE : PG) added to Russell Top 200 Growth Index
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P&G Europe President Says Company's Supply Chain Needs to Diversify From China

05/23/2022 | 06:06am EDT

By Jing Yang


Procter & Gamble Co. is looking at re-regionalizing its supply chain and making more than 90% of goods sold in Europe produced in Europe, P&G Europe President Loic Tassel said at the World Economic Forum in Davos on Monday.

"The price to pay, the time to wait to get some of our products from China to Europe is not compatible anymore with our industry that's called FMCG (fast-moving consumer goods). F stands for fast. If your container is stuck in Shanghai, it is not fast moving anymore," he said

He added that he sees this as a trend lasting beyond the next wave of the Covid-19 crisis "till the end of this decade."


Write to Jing Yang at Jing.Yang@wsj.com


(END) Dow Jones Newswires

05-23-22 0605ET

All news about PROCTER & GAMBLE COMPANY
06/27P&G Adjusts Time of Webcast Discussion of Fourth Quarter 2021/22 Earnings Results on Ju..
BU
06/24THE PROCTER & GAMBLE COMPANY(NYSE : PG) added to Russell 1000 Growth Index
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06/24THE PROCTER & GAMBLE COMPANY(NYSE : PG) added to Russell Top 200 Growth Index
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06/24THE PROCTER & GAMBLE COMPANY(NYSE : PG) added to Russell 3000E Growth Index
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06/24THE PROCTER & GAMBLE COMPANY(NYSE : PG) added to Russell 1000 Growth-Defensive Index
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06/24THE PROCTER & GAMBLE COMPANY(NYSE : PG) added to Russell 3000 Growth Index
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Analyst Recommendations on PROCTER & GAMBLE COMPANY
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Financials (USD)
Sales 2022 80 129 M - -
Net income 2022 14 833 M - -
Net Debt 2022 23 842 M - -
P/E ratio 2022 24,5x
Yield 2022 2,44%
Capitalization 344 B 344 B -
EV / Sales 2022 4,59x
EV / Sales 2023 4,45x
Nbr of Employees 101 000
Free-Float 59,8%
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Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 143,25 $
Average target price 164,52 $
Spread / Average Target 14,8%
EPS Revisions
Managers and Directors
Jon R. Moeller Vice Chairman, President & Chief Executive Officer
Andre Schulten Chief Financial Officer
David S. Taylor Executive Chairman
Vittorio Cretella Chief Information Officer
Victor Aguilar Chief Research, Development & Innovation Officer
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