Financial News

Full Year Highlights

Net revenues for the full year increased +9.7% driven by Organic Net Revenue¹ growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue¹ growth of +15.4% with underlying Volume/Mix of +1.6%
Diluted EPS was $1.96, down 35.5%; Adjusted EPS¹ was $2.95, up +11.9% on a constant currency basis
Cash provided by operating activities was $3.9 billion, a decrease of $0.2 billion versus prior year; Free Cash Flow¹ was $3.0 billion, down $0.2 billion versus prior year
Return of capital to shareholders was $4.0 billion; increased dividend per share by 10%
Announced agreement with Perfetti Van Melle to acquire our developed markets gum business in the U.S., Canada and Europe. Deal expected to close in Q4 2023

Contact

Contact