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Colgate-Palmolive Posts 1st-Quarter Sales Increase

May 1, 2020 Colgate-Palmolive Posts 1st-Quarter Sales Increase

Colgate-Palmolive Co. has reported first-quarter sales of US$4.09 billion, an increase of 5.5% year-over-year.

Colgate-Palmolive’s first-quarter profit climbed 28% from $560 million, or $0.65per share, one year ago to $715 million, or $0.83per share. In North America, Colgate-Palmolive improved sales 9% while its European division increased sales 12%. The company’s Asia-Pacific segment saw sales dip 9.5%.

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.