Manufacturing Industry
COLGATE PALMOLIVE Co - Colgate Announces Strong 1st Quarter.
PR Newswire UK Disclose, April, 2007
Colgate Announces Strong 1st Quarter
Operating and Net Profit Up Double-Digit
Very Strong Organic Sales Growth Across All Divisions
NEW YORK, April 25, 2007 -- Colgate-Palmolive Company (NYSE: CL) today
announced excellent worldwide sales and unit volume growth together with
double-digit earnings growth for first quarter 2007. Worldwide sales grew
12.0% to $3,213.9 million and unit volume grew 8.0%, as reported. Excluding
divestments, worldwide sales and unit volume grew 12.5% and 8.5%,
respectively. Global pricing increased 1.0%, and foreign exchange added 3.0%.
The very strong top-line growth was supported by a 20% increase in worldwide
advertising spending to a record level.
First quarter 2007...
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