Today, P&G CEO David Taylor and CFO Jon Moeller talked to investors and analysts at the Consumer Analyst Group of New York (CAGNY) Conference about our continued progress on P&G's strategy to deliver balanced growth and shareholder value.
The CAGNY conference is a high-profile meeting of investors and analysts who follow CPG companies, including P&G. P&G typically delivers a presentation at the conference each year, as do many of our major global competitors.
At the conference, Jon shared a short recap of Company results (as reported in January), telling investors that P&G is a profoundly different Company than just a few years ago – stronger, more focused, more profitable, – and designed for the future.
Through portfolio transformation, step-change productivity improvements, supply chain transformation, and organization and culture changes, we’ve significantly enhanced our ability to grow and create value – for today and for the future.
David then talked with investors about P&G's strategy to deliver this growth and balance, and our continued progress.
We're focused on creating and extending competitive advantage through superior product performance, packaging, brand communication, retail execution and value - including examples from Always/Whisper, Febreze, Olay, Pampers, SK-II, Tide and more;
We've made good progress on productivity improvement, and we're committed to continued cost savings to provide fuel for innovation and investments needed to accelerate and sustain faster top-line growth; and
We're transforming our organization and culture to enable better execution.
You can listen to the webcast audio replay and download the presentation here.
P&G organic sales are up in the first half of FY18 in 8 of our 10 largest markets, led by high single-digit growth in Greater China, Japan and Mexico. https://t.co/P8EunPMZFJ. #CAGNY $PG pic.twitter.com/hBoVMspiQZ— P&G (@ProcterGamble) February 22, 2018
Japan 1st Fabric Care market outside US to achieve >$1B in sales through irresistible product superiority, category growth through regimen use, and strong campaigns. Learn more https://t.co/OAWRiH6pgM. #CAGNY $PG pic.twitter.com/9k32igNGsH— P&G (@ProcterGamble) February 22, 2018
Always Discreet Boutique delivers on promise of superior value – US adult incontinence category growth has accelerated since launch, with Boutique driving 60% of growth. https://t.co/gu6EalWT7A. #CAGNY $PG pic.twitter.com/ZX7BQZBkYA— P&G (@ProcterGamble) February 22, 2018
SK-II is presented in prestige packaging that builds the brand’s equity and consumer confidence in the product – SK-II sales have grown for 13 consecutive quarters at an average rate of more than 20%. https://t.co/hJnLsmEMZu. #CAGNY $PG pic.twitter.com/rLPsBDUbIs— P&G (@ProcterGamble) February 22, 2018
Olay in China – We’ve completely revamped our Olay beauty counselor program and upgraded in-store counters. Olay is growing double-digits in China. https://t.co/X6mx0BS9Z2. #CAGNY $PG pic.twitter.com/pkIsUETQvE— P&G (@ProcterGamble) February 22, 2018
The recent launch of Febreze ONE offers consumers the benefits of odor removal with fewer ingredients, contributing to Air Care sub category growth of +5%. https://t.co/o27neetCzp. #CAGNY $PG pic.twitter.com/5XCjx0eyM8— P&G (@ProcterGamble) February 22, 2018
We’re developing new superior offerings in Naturals – like the Pampers Pure Collection, including diapers and wipes. Early testing shows preference vs. other leading naturals products. https://t.co/jp87cSmW70. #CAGNY $PG pic.twitter.com/F9Lwqdwjb0— P&G (@ProcterGamble) February 22, 2018