Procter & Gamble announced its forecasts for the second quarter results for the year.
This American household products and consumer goods manufacturer reported significant growth in profits and sales results for the second quarter of the fiscal year. The company noted that the increase in sales was driven by stronger branding and increased demand in certain product categories.
The president and CEO of Procter & Gamble remarked: "We continue to see strong demand for our products, which leads to growth in results and sales performance.
The company also raised its forecasts for annual sales and profits, reflecting confidence in future business growth.
