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Procter & Gamble Posts Slightly Higher Organic Sales For 1Q FY2015

October 24, 2014: 12:00 AM EST
Procter & Gamble Co. reported core earnings per share rose 2 percent to $1.07 in the first quarter of its fiscal year 2015, compared with the same period in the previous year. Organic sales grew 2 percent, with reported net sales at $20.8 billion, unchanged from the previous year. Operating cash flow reached $3.6 billion and free cash flow at $2.8 billion for the quarter, the company said. Adjusted free cash flow productivity was 96 percent, according to the company. Shareholders received $4.2 billion in cash, including $1.8 billion in dividends and $2.4 billion of common stock repurchases during the quarter.
"P&G Delivers First Quarter Core EPS of $1.07, Organic Sales Up 2% Completes Pet Care Divestiture, Announces Duracell Exit", Procter & Gamble, October 24, 2014, © Procter & Gamble
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