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Despite Weak Sales And Revenue Growth, P&G Grabs 3rd Place On Top Global Beauty Companies List

November 6, 2013: 12:00 AM EST
Procter & Gamble ranked number 3 in the Beauty Packaging Magazine’s Top 20 Global Beauty Companies, based on its net sales of $84.2 bill for its fiscal year 2013. Net sales of beauty products, which accounted for 24 percent of the company’s total net sales, decreased 2 percent to $20 billion. Price increases contributed 2 percent to the increase in net sales; however, unfavorable geographic mix cut net sales by 1 percent and global market share of the company’s beauty business declined by 0.5 percentage points.
"Top 20 Global Beauty Companies: 3. Procter & Gamble", Beauty Packaging, November 06, 2013, © Rodman Media
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