Financial News

Challenges at Colgate for 2014

Author Image

By: TOM BRANNA

Editor

Colgate-Palmolive Company reported worldwide net sales fell 3% to $4.2 billion in the fourth quarter, even as unit volume grew 2.5%. The company noted that pricing increased 3.5% and foreign exchange was negative 9.0%. Organic sales grew 6.0%. Q4 net income rose 11% to $628 million. For the full year, sales fell 1% to $17.2 billion and net income declined nearly 3% to $2.1 billion. Global unit volume grew 3.0%, pricing increased 2.0% and foreign exchange was negative 6.0%. Organic sales grew ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters