Hints and tips:
...P&G’s sales and profits have been affected more dramatically by currency swings than its European rivals, Mr Moeller pointed out, citing the example of the rouble....
...In a rollercoaster week for investors, the FTSE 100, S&P 500 and FTSE Eurofirst 300 all briefly went into correction territory — a fall of more than 10 per cent — but stock markets in Germany and emerging...
...Jon Moeller, chief financial officer, acknowledged that P&G’s overhead costs as a percentage of sales were high and said the company was committed to reducing them....
...Jon Moeller, P&G’s chief financial officer, said last week: “Typically when we see a commodity help, we …have a currency hurt. Typically when we see a commodity hurt, we …have a currency help.”...
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