Procter & Gamble, the parent company of Ariel, saw its revenue rise in the first quarter of fiscal year 2026, between July and September, with revenue going up by 3% to reach around £16.85bn.

Organic sales, excluding the impact of foreign exchange, acquisitions and divestitures, increased by 2% year-over-year.

Diluted net earnings per share rose by 21% to £1.47 due to higher restructuring costs in the previous year.

The FMCG giant maintained its guidance for the upcoming full fiscal year 2026, expecting sales growth to be between 1% and 5%.

Additionally, the company expects that additional expenses from foreign exchange rates and acquisitions will negatively impact sales by 1%.

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Jon Moeller, chief executive officer of Procter & Gamble said: “Our organic sales growth, earnings and cash results in the first quarter reflect strong execution of our integrated strategy.

“These results keep us on track to deliver within our guidance ranges on all key financial metrics for the fiscal year in a challenging consumer and geopolitical environment.”

The US-headquartered group also owns brands including Pampers, Gillette, Febreze, Olay, and Head & Shoulders.

Moeller added: “We remain committed to our integrated growth strategy of a focused product portfolio of daily use categories where performance drives brand choice, superiority – across product performance, packaging, brand communication, retail execution and consumer and customer value – productivity, constructive disruption and an agile and accountable organisation.”