P&g cfo says sales in japan created nearly 0.5 pts drag on total organic sales growth- conf call
P&g cfo- sales in japan, co's third largest market, created nearly 0.5 pts drag on total organic sales growth due to timing of vat changes - conf call.p&g cfo- "we continue to face the challenges of a very volatile macro and geopolitical landscape and of competitive response to our growth".p&g cfo- "pricing annualizes as we move through the back half of the year, affecting both top and bottom line trends".p&g cfo- situation in the hong kong market has continued to be difficult, which had impact on q2 and on the travel retail business.p&g cfo- growth rates have slowed in india market, challenges there have increased and will likely remain for the balance of the year.p&g cfo on coronavirus- " we're obviously monitoring that closely as it relates both to the health of our employees and broader community".p&g cfo on coronavirus- "it can also affect consumer confidence in large parts of the market that can affect travel".p&g cfo on coronavirus- "it's one of the many pieces of volatility that's just important we keep in front of us".
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