Corporate
Procter & Gamble is a US based global healthcare, beauty and hygiene products company. The company was founded in 1837, in Cincinnati, US, by co-brothers William Procter and James Gamble to manufacture and sell candles and soaps.The production of soaps, on the other hand, not just continued but picked up gradually as they grew popular.
Today, after 170 years of growth and diversification Procter & Gamble is one of the biggest healthcare and hygiene products companies of the world with its products being sold and used in all corners of the world.
Procter & Gamble is a Fortune 500 company
Activities
Procter & Gamble’s businesses are broadly classified into:Beauty and Health
Health care items cover oral care, pharmaceuticals, personal health care
Household Care Fabric care and home care items that cover fabric care, dish care, surface care, air care, and commercial products group
Baby care and family care items cover diapers, baby wipes, bath tissue, kitchen towels, and facial tissues.
Pet health, snacks and coffee
Gillette GBU Blades and razors cover men’s and women’s blades and razors
Duracell and Braun cover batteries, electric razors and small appliances
Performance
In fiscal 2006, Procter & Gamble recorded revenues of 68,222 million USD, which was approximately 20.23 %, more than what it was in the fiscal before.The total value of the assets held by Procter & Gamble in fiscal 2006 was 135,695 million USD that was approximately 120.54 % more than what it was in the fiscal before.
Value of assets over the last 2 fiscals (In million USD)
Procter & Gamble’s net income in fiscal 2006 was 8,684 million USD, which was 25.43 % more than what it, was in the fiscal before. Net income over the last 3 fiscals (In million USD)
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Research & Development
Procter & Gamble is a research driven organization and in fiscal 2004/2005 the company’s investment in R&D was 1.8 billion USD.Procter & Gamble appreciates both the historical and the potential future role of R&D in its growth over the years as well as in the future. The company believes that its success is based on:
- A deep understanding of consumer habits and product needs
- Its ability to attract and support the best innovators from the world
- Its ability to acquire, develop and apply technology across the company’s wide product base
- Its ability to collaborate and coordinate with external innovation partners
Organization
Procter & Gamble is headed by Mr. A. G. Lafley who is the President and Chief Executive of the companyProcter & Gamble employs over 138,000 people globally
Procter & Gamble’s global Head Office is located at:
1 or 2 Procter & Gamble PlazaCincinati, OH 45201
USA
Tel: 1-513-983-1100
www.pg.com