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PROCTER & GAMBLE COMPANY

(PG)
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Procter & Gamble : Charmin® Works to Protect, Grow and Restore Forests

04/08/2021 | 04:17pm EDT

Charmin’s actions help bring to life P&G's Ambition 2030 goal of protecting and enhancing forests

Charmin’s commitment extends well beyond the bathroom and aims to keep forests thriving for communities and wildlife for generations to come. Why? It’s simple – Charmin loves trees, no butts about it.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210408005941/en/

With an ambition to promote healthy forests through its “protect, grow and restore” sustainability effort, the brand is working within its operations and through its supply chain and nonprofit partners to keep forests as forests and champion higher standards for responsible forestry.

“We want everyone to enjoy the go, but in a way that also helps protect forests,” said Rob Reinerman, Charmin Vice President, Procter & Gamble. “It’s why we regrow at least two trees for every one we use and why 100% of our paper comes from responsibly managed forests.”

Charmin advances responsible forestry through the following actions:

Protect: All of Charmin’s toilet paper products use pulp certified by the Forest Stewardship Council™. FSC certification is recognized by many non-governmental organizations for protecting forests, biodiversity and the rights of local and Indigenous communities.

Grow: For every tree used to make Charmin toilet paper, at least two more are regrown. Charmin only sources fiber for its toilet paper from working forests, which provide a renewable supply of wood for the more than 5,000 items that people use every day.

Restore: In collaboration with the Arbor Day Foundation, P&G and Charmin are planting 1 million trees between 2020 and 2025, including in areas devastated by natural disasters, such as wildfires.

For more information about Charmin’s commitment to help all people Enjoy the Go, while ensuring forests never go anywhere, visit Charmin.com.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at www.pg.com/news.

(FSC license code: FSC™ C100701)


© Business Wire 2021
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Financials (USD)
Sales 2021 75 574 M - -
Net income 2021 14 243 M - -
Net Debt 2021 22 917 M - -
P/E ratio 2021 25,1x
Yield 2021 2,33%
Capitalization 337 B 337 B -
EV / Sales 2021 4,77x
EV / Sales 2022 4,60x
Nbr of Employees 99 000
Free-Float 60,5%
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Technical analysis trends PROCTER & GAMBLE COMPANY
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 148,27 $
Last Close Price 137,75 $
Spread / Highest target 21,2%
Spread / Average Target 7,64%
Spread / Lowest Target -15,1%
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Managers and Directors
NameTitle
David S. Taylor Chairman, President & Chief Executive Officer
Andre Schulten Chief Financial Officer
Kathleen B. Fish Chief Research, Development & Innovation Officer
Vittorio Cretella Chief Information Officer
Jon R. Moeller Vice Chairman & Chief Operating Officer
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