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July 23, 2001
By: TOM BRANNA
Editor
Colgate-Palmolive Company achieved record net income and earnings per share in the second quarter driven by 5% worldwide unit volume growth. Operating margin reached an all time high of 20.2% as a percent to sales, up 150 basis points from last year. Earnings per share increased 12% to $0.47 per diluted share. Continued efficiency gains drove net income up 10% to $287.2 million, another all time record. Including the effect of the stronger dollar, global sales from continuing businesses increase...
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