Consumer goods giant Procter & Gamble said snacks volumes were flat over the last 12 months as group sales and earnings rose.
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P&G, which owns the Pringles crisps brand, said that over the year to 30 June, snacks volumes were “in-line” with the previous 12 months.
Group net sales for the full year rose 12% to US$76.5bn, driving a 19% leap in net earnings to $10.3bn.
The company also issued its forecast for fiscal 2008 today (3 August), P&G estimated that sales would rise by up to 6% on an organic basis, while it forecast that earnings per share would rise by 13-14% on the year.
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