P&G warns of $1 billion profit hit from higher oil prices

Posted 4 hours ago by

Reuters

US consumer goods giant Procter & Gamble warned of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging oil prices, joining a host of global companies flagging significant cost pressures from the Iran war. #energy #oil #business #p&g #News #Reuters #Newsfeed Read the story here: https://reut.rs/4cx4aeq 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en