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Colgate Increases 4th-Quarter Sales 7%

Colgate-Palmolive Co. has reported fourth-quarter net sales of US$4.95 million, a year-over-year increase of 7%.

Colgate reported a fourth-quarter operating profit of $1.07 billion, or $0.87 per share, a jump of 14% from the same period last year. In North America, Colgate’s net sales grew 3.5%, while its European division posted an increase of 10%. The company’s Asia-Pacific segment saw sales increase 0.5%, and its Latin America division posted an 18% climb.

 “We are pleased to have finished the year with another quarter of strong top and bottom line results including 7% net and organic sales growth, improved organic volume performance, gross and operating profit margin expansion, and double-digit earnings per share growth,” said Noel Wallace, Colgate-Palmolive president and CEO.

About Colgate-Palmolive
Founded in 1806, Colgate-Palmolive is a New York-based manufacturer and distributor of household, healthcare, and personal products. For more information, visit colgatepalmolive.com.