Looks like you’re on the UK site. Choose another location to see content specific to your location

Home Industry News Procter and Gamble chief pledges further growth

Procter and Gamble chief pledges further growth

10th October 2007

A G Lafley, Procter and Gamble’s (P&G) chairman of the board and chief executive officer has pledged further growth for the company.

At P&G’s annual meeting Lafley stated that the company was designed to grow for both the short and long-term and would expand both consistently and reliably.

Lafley’s comments arrived as he reviewed P&G’s results for the fiscal year of 2007 which showed continued growth for the company.

P&G has increased its net sales by more twelve percent to $72 (36 billion pounds) while its earnings per share have increase by fifteen per cent.

Lafley outlined how growth came from a broad range of its product range and in many developing markets which had, in some cases, grown by double figures.

“Every year, the growth challenge becomes more demanding, and the year ahead is no exception,” said Lafley.

“But, I’m confident that we’ll continue to grow at or ahead of our long-term goals because we have made choices that create opportunities for growth.”

Earlier this year, P&G announced that Joseph T Gorman was to retire from the company’s board of directors, in line with the firm’s customary retirement age.

We currently have 6 jobs available in Pharmacy industry, find your perfect one now.

Stay informed

Receive the latest industry news, Tips
and straight to your inbox.