Photographer: Luke Sharrett/Bloomberg

P&G Fourth-Quarter Profit Tops Estimates, Aided by Cost Cuts

  • Health-care division’s strength helps revenue top projections
  • CEO Taylor has embarked on $10 billion productivity initiative

Procter & Gamble Co. posted fourth-quarter profit that topped analysts’ estimates, and its new leader told investors that the world’s largest consumer-products company would work to restart sales growth as well.

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