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Procter&Gamble reported 8.2% profit growth

The giant in the production of consumer goods Procter & Gamble announced profit growth for the second quarter after cut costs and price increases helped to reduce the impact of more expensive materials and some weaker markets like the U.S. The American company that produces everything - from Gillette razors to disposables, has earned 2.51 billion USD, or 84 cents a share in the second quarter.
During the same period of 2010 profits of Procter & Gamble was 2.19 billion USD, or 71 cents a share. The revenue rose 10% to 20.86 billion USD, the volume of goods sold increased by 3%.
The analysts polled by Reuters expected earnings of 82 cents per share on revenue of 20.6 billion USD.