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Year exceeded expectations, says CEO.
January 28, 2010
By: TOM BRANNA
Editor
Colgate-Palmolive Company today reported “record net income” in the fourth quarter 2009 with a 20%increase to $631 million. Ian Cook, chairman, president and chief executive officer, commented on the results excluding restructuring charges, “We are delighted to have finished the year so strongly with fourth quarter operating profit, net income and earnings per share all increasing double-digit and organic sales growing a healthy 6.5%, driven by positive volume and higher pricing....
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