SHARE

P&G lifts annual profit forecast boosted by strong US demand

The consumer goods giant has upgraded its annual profit guidance, after strong customer demand for its household products in the US. P&G now expects to generate around $900m in profit for 2024. In the third quarter, overall group sales volume was flat.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.