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Colgate-Palmolive Company announced excellent worldwide sales and unit volume growth together with double-digit earnings growth for second quarter 2007.
July 25, 2007
By: TOM BRANNA
Editor
Colgate-Palmolive Company announced excellent worldwide sales and unit volume growth together with double-digit earnings growth for second quarter 2007. Worldwide sales grew 13% and unit volume grew 8%, as reported. Excluding divestments, worldwide sales and unit volume grew 13.5% and 8.5%, respectively. Global pricing increased 0.5%, and foreign exchange added 4.5%. The very strong top-line growth was supported by a 22% increase in worldwide advertising spending to an all-time record level. ...
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