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Procter & Gamble third-quarter profit rises
April 23, 2014 / 11:16 AM / 4 years ago

Procter & Gamble third-quarter profit rises

April 23 (Reuters) - Procter & Gamble Co, the world’s largest household products maker, reported a higher quarterly profit on Wednesday, helped by an increase in sales of its home care products.

The company earned $2.61 billion, or $0.90 per share, in the fiscal third quarter ended March 31, up slightly from $2.57 billion, or $0.88 per share, a year earlier. Core earnings per share, excluding restructuring charges, rose 5 percent to $1.04.

Sales were unchanged at $20.6 billion. Organic sales, which excludes the impact of divestitures, acquisitions and discontinued businesses, rose 3 percent. (Reporting by Phil Wahba in New York, Editing by Franklin Paul)

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