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Empresas y finanzas

Procter & Gamble quarterly profit rises


    CHICAGO (Reuters) - Procter & Gamble Co posted a higher quarterly profit on Friday, as trimming costs and raising prices helped mitigate the impact of more expensive materials and some sluggish markets such as the United States.

    P&G, which makes everything from Gillette razors to Pampers diapers, earned $2.51 billion, or 84 cents per share, in the fourth quarter ended in June, compared with $2.19 billion, or 71 cents per share, a year earlier.

    Sales rose 10 percent to $20.86 billion, while the volume of goods sold rose 3 percent.

    (Reporting by Jessica Wohl; Editing by Lisa Von Ahn)