Snacks volumes at consumer goods giant Procter & Gamble have risen during the company’s third quarter, the company said today (1 May).
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P&G, which owns the Pringles crisps brand, said its snacks volumes rose 2% during the three months to the end of March, thanks to initiatives around its Pringles Select and Minis offerings.
While P&G did not strip out revenue from its snack business, it said turnover from its snacks, coffee and pet care business were in-line with the year before at US$1.1bn.
On a group basis, net sales rose 8% to $18.7bn, P&G said. Net earnings grew 14% during the quarter to $2.5bn.
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