P&G publishes its 2023 Annual Report, detailing its financial performance and free cash flow activity, growth strategies and ESG efforts in the latest fiscal year

Sample article from our Consumer packaged goods (CPG)

August 28, 2023 (press release) –

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% increase in overall net sales with a 5% 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. We strive to do this in the most responsible way, consistent with P&G’s values and principles,” said Jon Moeller, P&G CEO, president, and chairman. “This approach, with consumers at the center, and an organization built to serve them, has served us and our many stakeholders well. It will guide our actions as we move forward.”

About Procter & Gamble Professional
Procter & Gamble Professional is the away-from-home division of Procter & Gamble, serving the food service, building cleaning and maintenance, hospitality, and convenience store industries. For more information, visit www.pgpro.com.

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