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Saturday, September 06, 2008

Procter & Gamble

Procter & Gamble Co. (P&G) is an American consumer goods corporation based in Cincinnati that manufactures a wide range of consumer products. The company has approximately 106,000 employees and its stock symbol on the NYSE is PG.

Procter & Gamble was started in 1837 as a family-owned soap and candle company in Cincinnati, Ohio. The company's current operations are divided into five areas:

  • Baby, Feminine and Family Care
  • Beauty Care
  • Fabric and Home Care
  • Health Care
  • Food & Beverage

12 of P&G's brands have more than a billion dollars in sales: Pampers, Tide, Ariel, Always, Pantene, Charmin, Bounty, Iams, Crest, Folgers, Pringles and Downy.

Financial Information
 Net sales (US$M)Net income (US$M)
 2002200120022001
Baby, Feminine and Family Care11,87711,9911,1701,052
Beauty Care8,0797,2571,177967
Fabric and Home Care11,61811,6601,8311,643
Health Care4,9794,353521390
Food & Beverage3,8014,139384332
Corporate(116)(156)(1,462)(570)

Total (US$M)40,23839,2444,3522,922

They got some strange press attention in the 80s when a rumor accused their corporate logo of being a satanic symbol. This charge has been denied by company officials as a coincidence, and no evidence linking the company to the Church of Satan or any other occult organization has ever been presented.

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