Manufacturing Industry
COLGATE PALMOLIVE Co - Colgate's Worldwide Sales and Unit Volume Up Strongly.
PR Newswire UK Disclose, April, 2005
Colgate's Worldwide Sales and Unit Volume Up Strongly;
1st Quarter Profits In Line With Expectations
NEW YORK, April 27, 2005 -- Colgate-Palmolive Company (NYSE: CL) today
announced strong worldwide sales and unit volume growth for first quarter 2005,
with every operating division reporting top-line increases. Global sales and
unit volume grew 9.5% and 7.5%, respectively, excluding divestments. Dollar
sales as reported increased 9.0%, which includes 2.5% positive foreign exchange
and 0.5% lower pricing due to increased commercial spending. The recently
acquired GABA oral care business contributed 2.5% to both sales and volume in
the quarter.
First quarter 2005 results include $44.6 million of aftertax charges
related to the...
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