1、Status QuoEdgewell Personal Care 2019 Annual ReportJust eighteen months ago,Edgewell began a journey to transform the company,its cost structure and its culture.Our team has taken proactive steps to create a more agile and modern consumer products company.An ambitious initiative we dubbed Project Fu
2、el,launched at the end of fiscal 2018,was our catalyst for change.In the past year,we began to see the benefits of that transformation in the way we work and in our results.We capped the year with another transformational announcement:our intention to combine with Harrysdestined to be a linchpin in
3、our strategy to become a next generation consumer products company.A year ago,Edgewells leadership team committed to meeting a set of business and financial objectives,to realizing substantial cost savings,and to investing in our brands and in the most compelling growth opportunities,across key reta
4、il channels.We committed to confront,with urgency,an evolving marketplace.Today,I can report that we are making meaningful progress on those commitments to shareholders,customers and consumers.Edgewells fiscal 2019 results reflect the progress weve made.We delivered$2.1 billion in net sales and$3.48
5、 in adjusted earnings per share and generated strong cash from operations of$191 million.In addition,we saw improving trends over the second half of the year,with nearly every geography and brand group recording better results and showing progress compared to 2018.But the numbers dont tell the whole
6、 story.The story we can tell is one of accelerated transformation.It speaks to the new and enhanced capabilities of a leadership team equipped to create a winning corporate culture,to bring innovation to market faster and to implement cost-saving changes efficiently.It speaks to enhancing e-commerce