P&G publishes Annual Report

P&G’s report details company’s financial performance and sales growth.

Procter & Gamble (P&G), parent company of Procter & Gamble Professional (P&G PRO), has released its 2022 Annual Report.

P&G’s report details the company’s financial performance, sales growth, and free cash flow activity in its latest fiscal year, all of which exceeded its goals for the year resulting in a 5 per cent dividend increase.

This marks the 66th consecutive year the company raised its dividend.

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

In his letter to shareholders, chairman, president, and CEO Jon Moeller closed by stating, “Confidence in our future success is rooted in my confidence in P&G people. Every day P&G people demonstrate their commitment to our purpose, values, and principles, their high motivation to win, their personal accountability to winning results, and their strong focus on sustained excellence in everything they do – serving consumers, serving customers, and delivering for shareowners.”

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