Procter & Gamble Company (the) · NYSE:PG
Procter & Gamble Company (the) — Goldman Sachs Consumer Products Symposium 2013
26 slides from Procter & Gamble Company (the)'s conference presentation, May 14, 2013
Slide 1: Goldman Sachs Consumer Products Symposium 2013
- Goldman Sachs Consumer P&G Products Symposium 2013 May 14, 2013
Slide 2: Forward Looking Statements
Forward Looking Statements Certain statements in this release or presentation, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based,
Slide 3: Regulations FD and G Disclosures
Regulations FD and G Disclosures For a full reconciliation, please visit: www.pg.com/investors
Slide 4: Jon Moeller, Chief Financial Officer
Jon Moeller Chief Financial Officer
Slide 5: Fiscal Year Targets: Organic Sales, Core EPS, Productivity
Organic Sales Non-Manufacturing Overhead Role Reduction COGS Savings Manufacturing Productivity Core EPS* | Core EPS ex. VZ Share Repurchase | Dividend 2% to 4% 5,700 $1.2B 5% $3.80 to $4.00 $3.80 to $4.00 $0 $1.2B+ ~T% $3.96 to $4.04 $3.99 to $4.07 $6B 750+ + +2 points $0.04 to $0.16 $0.07 to $0.19
Slide 6: owing
owing Global 30% 45% 48% 51% 55% United States 15% 55% 59% 67% 74%
Slide 7: Maintain Strong Developing Market Momentum
Maintain Strong Developing Market Momentum Strengthen Core Developed Markets « Build & Leverage a Strong Innovation Pipeline Drive Cost Savings & Productivity Improvements
Slide 8: Developing Markets: Current Footprint & Developing Market Sales
Developing Markets Current Footprint & Developing Market Sales [Developed [Bi Developing -) us) ad A A P&G* Unilever** L'Oreal Colgate Developing MarketSales $345 $23B $11B $10B * Expected sales atthe endof FY'13 ** Excludes food businesses
Slide 9: Developing Markets: Significant Sales and Profit Growth
Developing Markets Significant Sales and Profit Growth Over Past 10 Years
Slide 10: Developing Markets: Portfolio Expansion
Developing Markets Portfolio Expansion South Africa Laundry India Toothpaste PROHEALTH — [Eeuall
Slide 11: Developing Markets: India On-Track
Slide 12: Developing Markets: Brazil On-Track
Slide 13: Developing Markets: China: Making Progress - More Work to Do
Developing Markets China: Making Progress - More Work to Do ¢ Share growing in Fabric Care, Baby Care, Blades & Razors, Batteries ¢ Improving trends in Hair Care, Feminine Care ¢ Recent interventions in Oral Care, Skin Care
Slide 14: Developing Markets: Russia: Making Progress - More Work to Do
Developing Markets Russia: Making Progress - More Work to Do ¢ Share growing in Blades & Razors, Feminine Care, Oral Care, Cosmetics ¢ Recent interventions in Fabric Care, Dish Care, Hair Care
Slide 15: Developed Markets: % of Sales In-Line or Growing Value Share
Developed Markets % of Sales In-Line or Growing Value Share Q4 Qi Q2 Q3 March BY A2 FY 13 FY 13 FY 13 FY 13 Developed 43% - United States 55% - Western Europe 30% - Japan 43%
Slide 16: Developed Markets: Beauty: More Work to Do
Developed Markets Beauty: More Work to Do * Pantene ¢ Largest hair care brand in the world * Global share -0.4% versus prior year ° Olay * Largest facial skin care brand in the world * Global share -0.9% versus prior year
Slide 17: Innovation: Premium
Innovation Premium iE z = 8 8 8
Slide 18: Innovation: Mid-Tier
Innovation Mid-Tier
Slide 19: Innovation: Global Expansion
Innovation Global Expansi
Slide 20: Innovation: Value & Performance Claims
Innovation Value & Performance Claims “1% Mass total eye care product— designed to give women eae eee « ing eyes in just “One Tide POD 3X Cleaner’ imal" outperforms the next 6 competitors... combined!” “For hair that acts up to 10 years younger”
Slide 21: Productivity: Non-Manufacturing Enrollment
Productivity At or Ahead of Plan in All Areas Non-Manufacturing Enrollment ¢ Reduced by 6,450 roles as of April 30' ¢ 750 roles (+10%) above June 30 target
Slide 22: Productivity: Cost of Goods Sold
Productivity At or Ahead of Plan in All Areas Cost of Goods Sold * Expect to deliver >$1.2bn in cost savings ¢ Manufacturing productivity up 7%, 2% pts. above 5% target
Slide 23: Productivity: Marketing Spending
Productivity At or Ahead of Plan in All Areas Marketing Spending ¢ Shifting more media to digital ¢ Maximize incremental “earned media” (free impressions) ¢ Non-media marketing spending down « Producing fewer but better commercials « Producing commercials in lower cost locations
Slide 24: Productivity: Cash
Productivity At or Ahead of Plan in All Areas Cash ¢ At or above 90% free cash flow productivity ¢ Strong working capital progress ¢ Increased quarterly dividend by 7% ¢ Share repurchase of $6bn at high-end of range
Slide 25: Fiscal Year Targets: Organic Sales, Core EPS, Productivity
Organic Sales Non-Manufacturing Overhead Role Reduction COGS Savings Manufacturing Productivity Core EPS* | Core EPS ex. VZ Share Repurchase | Dividend 2% to 4% 5,700 $1.2B 5% $3.80 to $4.00 $3.80 to $4.00 $0 $1.2B+ ~T% $3.96 to $4.04 $3.99 to $4.07 $6B 750+ + +2 points $0.04 to $0.16 $0.07 to $0.19
Slide 26: Reg G Reconciliation of Non-GAAP measures
The Procter & Gamble Company: Reg G Reconciliation of Non-GAAP measures In accordance with the SEC’s Regulation G, the following provides definitions of the non-GAAP measures used in Procter & Gamble's May 14, 2013 presentation and associated slides with the reconciliation to the most closely relate
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