P&G issues 2023 Annual Report

P&G’s report details company’s financial performance.

Proctor & Gamble (P&G), parent company of Proctor & Gamble Professional (P&G PRO), has released its 2023 Annual Report.

P&G’s report details the company’s financial performance and free cash flow activity in its latest fiscal year, which saw strong top-line growth across all categories and regions and a 2 per cent increase in overall net sales with a 5 per cent rise in the company’s focus markets.

The report also focuses on P&G’s integrated growth strategies and highlights the company’s efforts in environmental, social, and governance (ESG) and related spaces.

“At the end of the day, we serve people—with a strong desire to improve their lives and the lives of their families. We stand by consumers and support them in small but meaningful ways every day—with superior performing products of high quality at a superior value,” said Jon Moeller, P&G CEO, president, and chairman.

“This approach, with consumers at the center, and an organisation built to serve them, has served us and our many stakeholders well. It will guide our actions as we move forward.”

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