Portfolio transformation increases operating margins and strengthens credit profile. - Morningstar Credit Research

Portfolio transformation increases operating margins and strengthens credit profile.

Portfolio transformation increases operating margins and strengthens credit profile. - Morningstar Credit Research
Portfolio transformation increases operating margins and strengthens credit profile.
Published Dec 29, 2016
14 pages — Published Dec 29, 2016
Price US$ 350.00  |  Buy this Report Now

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Brief Excerpt:

...Procter & Gamble s credit rating is derived from the cash flow generated by the company s global leadership in the household and personal-care products sector and a moderate use of financial leverage. P&G s portfolio consists of 21 brands that each generates over $1 billion of revenue per year and another 11 brands, that generate over $500 million in annual sales. P&G s vast economies of scale and dominant market positions produced by the intangible assets of its branded portfolio have resulted in the assignment of a wide economic moat by Morningstar, Inc. We also contend that P&G is a valued partner with retailers, thus solidifying its relationship with the trade. Although P&G operates as the leading player in the worldwide household and personal-care category, it is not immune to aggressive competition, private-label incursions, and lackluster consumer spending. Since 2014, P&G has shed 50% of its brands, sharpened its focus on its remaining portfolio, and bolstered adjusted operating...

  
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0C000008LL_20161229_CREDIT
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MLA:
Morningstar Credit Research. "Portfolio transformation increases operating margins and strengthens credit profile." Dec 29, 2016. Alacra Store. Sep 22, 2019. <http://www.alacrastore.com/storecontent/Morningstar-Credit-Research/Portfolio-transformation-increases-operating-margins-and-strengthens-credit-profile-2137-33802>
  
APA:
Morningstar Credit Research. (2016). Portfolio transformation increases operating margins and strengthens credit profile. Dec 29, 2016. New York, NY: Alacra Store. Retrieved Sep 22, 2019 from <http://www.alacrastore.com/storecontent/Morningstar-Credit-Research/Portfolio-transformation-increases-operating-margins-and-strengthens-credit-profile-2137-33802>
  
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