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Profit exceeds expectations.
October 30, 2008
By: TOM BRANNA
Editor
Colgate-Palmolive Company oday announced excellent worldwide sales growth with every operating division increasing sales during the quarter. Worldwide sales grew 13% to $3.988 billion and unit volume grew 3%. Global pricing increased 6.5% and foreign exchange added 3.5%. The strong top-line growth was supported by a 6% increase in worldwide advertising spending to a record level for the quarter. Third quarter 2008 results include $31.2 million of aftertax ch...
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