Manufacturing Industry
COLGATE PALMOLIVE Co - Colgate Announces 2nd Quarter Results.
PR Newswire UK Disclose, July, 2005
Colgate's Worldwide Sales and Unit Volume Up Strongly
2nd Quarter Profits at Expectation
NEW YORK, July 27, 2005 -- Colgate-Palmolive Company (NYSE: CL) today
announced strong worldwide sales and unit volume growth for second quarter 2005,
with every operating division reporting top-line increases. Worldwide sales
rose 10.5%, the largest quarterly growth in almost ten years. The robust sales
reflected unit volume growth of 8.0%, positive foreign exchange of 2.5% and
worldwide pricing that was even with the year ago quarter. Excluding the
recently acquired GABA oral care business, sales rose 9.0% and volume rose 6.5%
in the quarter.
Second quarter 2005 results include $28.7 million of aftertax charges
related to the...
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