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Colgate-Palmolive 2nd-Quarter Sales Rise 9.5%

Colgate-Palmolive Co. has reported second-quarter net sales of US$4.26 billion, an increase of 9.5% year-over-year.

Colgate-Palmolive reported second-quarter operating profit of $995 million, or $0.83 per share, an increase of 5% from the same period last year. In North America, Colgate-Palmolive’s net sales dipped 21% while its European division increased sales 5%. The company’s Asia-Pacific segment saw sales rise 14% and its Latin America division posted an 11% increase.

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