P&G’s Sales Rise 10% in Fiscal Q4

The Procter & Gamble Company’s net sales grew 10% to $20.9 billion for the fourth quarter and 5% to $82.6 billion for fiscal 2011. Organic sales, which exclude the impact of acquisitions, divestitures and foreign exchange, grew 5% for the quarter and 4% for the fiscal year. Unit volume was up 3% in the fourth quarter and 6% for the fiscal year, where volume grew in all business segments, all geographic regions, and in 15 of 17 key countries.

“We are pleased with the strong top- and bottom-line performance in the quarter,” said Chairman of the Board, President and Chief Executive Officer Bob McDonald. “We delivered organic sales growth of five percent and earnings per share growth of 18% in a challenging environment, driven by our ongoing commitment to make a difference in the everyday lives of the world’s consumers.”