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Dental Gel Helps Colgate Profits Shine

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By: TOM BRANNA

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Colgate-Palmolive delivered record profits growth for the first quarter on Thursday driven by strong sales of new products such as Colgate Simply White, a clear gel to whiten teeth. The group behind brands such as Ajax cleaning liquid and Speed stick deodorant, said net profits rose 12% to $324 million on sales up 7% to $2.35 billion from $2.2 billion in the same period last year. Colgate said the sales increase was the largest in seven years. Earnings per share were up 14% at $0.56 from $0.49.R...

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