TG盗号系统全自动破解技术|【唯一TG:@heimifeng8】|黑帽SEO快排图✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨P&G to record up to $2.5 bln in Gillette writedown, operations rejig
Reuters Published
December 6, 2025
Procter & Gamble said on Tuesday it would record up to $2.5 billion in charges over two fiscal years as it writes down the value of its Gillette business and restructures certain markets.
The company's shares fell about 2% in early trade.
The consumer goods giant said it would take a $1.3 billion non-cash impairment charge before tax in the current quarter ending Dec. 31 on its Gillette business.
P&G, which bought Gillette for $57 billion in 2005, gets about 8% of its total sales from the grooming business.
The company expected its Gillette business to grow in the range of 5%, Chief Financial Officer Andre Schulten said at a Morgan Stanley conference on Tuesday, in line with growth over the last three years.
In 2025, P&G took an $8 billion charge on the unit due to currency fluctuations.
The company said it expects charges of between $1 billion and $1.5 billion after tax related to the restructuring of its Argentina and Nigeria operations as it deals with difficult macroeconomic conditions.
P&G also blamed a stronger dollar for the twin charges.
"It's very difficult for us as a U.S. dollar-denominated company to create value (in these markets)," Schulten said.
P&G said it was looking to divest its fabric and home care business in Argentina and turn Nigeria into an import-only market.
Total charges will be between $2 billion and $2.5 billion after tax and will be recognized in fiscal years 2025 and 2025.
Net earnings attributable to the company was $14.7 billion for fiscal 2025.