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But organic sales gain 8%
April 30, 2009
By: TOM BRANNA
Editor
Colgate-Palmolive Company said worldwide sales declined 5.5% during the first quarter to $3,502.8 million and unit volume declined 0.5%.Excluding divested businesses, worldwide sales declined 5.0% and unit volume was flat with the year ago period. Organic sales (excluding foreign exchange, acquisitions and divestments) grew 8.0%. Global pricing increased 8.0% and foreign exchange was negative 13.0%. Gross profit margin as reported increased to 57.5% in first quarter 2009 from 56.6% in first ...
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