21 October 2021
In reporting a strong first quarter, with organic sales up 4%, following growth of 9% in the same period last year, the company noted that it expects cost headwinds of over $2bn this year. We look at some of the measures it is taking to offset these.
Recovering costs over time
Based on current estimates, P&G expects a $2.1bn after-tax commodity headwind and freight and transportation to add...