P&G: healthcare acquisition helps us stay on top of consumer 'megatrends'

cafead

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  • cafead   Apr 21, 2018 at 12:52: PM
via "We see several areas where Merck's capabilities can accelerate our brands and businesses," chief executive David Taylor said on an analyst call, as P&G announced its third-quarter results.
Across the business, organic sales were up 1% from January to March. But while the beauty division performed well, with 5% organic growth, grooming saw organic sales fall 3% thanks to falling prices, as Gillette continues to face fierce competition from Dollar Shave Club, Harry's and others.

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