Procter & Gamble's first-quarter net profit to 30 September rose 33% to $2.70bn (£1.41bn), on sales up 27% at $18.79bn.

The group said that its acquisition of Gillette last year for $57bn (£30bn) had fuelled sales growth, with blades and razor sales up 12% to $1.30bn.

AG Lafley, chairman, president and chief executive of P&G, said: “We are delivering our growth commitments and continue to make good progress with the Gillette integration.”