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Global 500

Luke Sharrett — Bloomberg via Getty Images

86

Procter & Gamble

PG

U.S.

Consumer products giant Procter & Gamble, which counts Pampers, Tide, and Gillette among its largest brands, has been on a multi-year disposal program that’s seen the company shed over 100 of its brands. P&G plans to hang on to just 40%, or 65 of its 165 brands, and its largest and most profitable group of laundry detergent products will end up accounting for about 85% of revenue when the restructuring is completed by the third quarter of 2016. In order to jumpstart sales, new CEO David Taylor is trying to streamline decisionmaking as well, in hopes that it will spur new innovation. P&G is targeting $10 billion of savings in 2020, which it says it will reinvest to kickstart top-line sales growth. P&G’s organic sales growth has lagged of late, hitting just 1% in the first quarter of 2016 and trailing rivals Reckitt Benckiser (5%), Unilever (5%), and L’Oreal (4%).

CEO

David S. Taylor

Sector

Household Products

Industry

Household and Personal Products

HQ Location

Cincinnati, OH

Employees

110,000

Years on Global 500 List

22

Includes revenues from discontinued operations.Figures are for fiscal year ended June 30, 2015.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$78,756-6.8%
Profits ($M)$7,036-39.6%
Assets ($M)$129,495
Total Stockholder Equity ($M)$62,419
Profit Ratios
Profit as % of Revenues8.9%
Profits as % of Assets5.4%
Profits as % of Stockholder Equity11.3%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Procter & Gamble

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Don't cry—tissues are getting more expensive too.

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Videos about Procter & Gamble