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February 4, 2003
By: TOM BRANNA
Editor
Colgate-Palmolive Co., New York, NY, said fourth quarter profit rose 15% on strong sales growth and improved profit margins, and the consumer products company predicted another good year in 2003. The maker of Colgate toothpaste, Palmolive soap and other household products reported net income of $340.9 million, compared with $295.3 million a year earlier.Sales rose 3.9% to $2.42 billion from $2.33 billion. Colgate said that was its best sales growth in dollar terms in more than five years. Worldw...
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