P&G has shared its Q2 2017 results showing net sales of $16.9bn, flat compared with the year before.
Organic sales and volume, however, did increase across all five of P&G’s business segments, despite a “difficult” operating environment, said Chairman, President and CEO David Taylor.
In beauty, organic sales grew 3% compared with the year before, in the Hair Care and Skin & Personal Care divisions.
Premium brand SK-II was a strong performer in the quarter, with “continued growth” contributing to the sales increase.
Meanwhile, in hair care, innovation and marketing support on the Pantene and Head & Shoulders brands also helped boost numbers.
In grooming, organic sales grew by 1% due to growth in both the Shave Care and Appliances divisions, which benefited from innovation.
Overall, P&G is raising its guidance for organic sales growth to a range of 2-3% for fiscal 2017.
