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Colgate’s Sales Rise 7.5% in 2011

Unit volume increases, too.

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By: TOM BRANNA

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Colgate-Palmolive Company reported worldwide net sales rose 7.5% in 2011 to $16.7 billion. Global unit volume grew 3.5%, pricing increased 1.0% and foreign exchange was positive 3.0%. Excluding divested businesses, global unit volume grew 4.0%. The Sanex acquisition contributed 1.0% to full year sales and volume growth. Organic sales grew 4.0%. Net income and diluted earnings per share for full year 2011 were $2.4 billion and $4.94, respectively. Full year 2011 results include an aftert...

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