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April 19, 2001
By: TOM BRANNA
Editor
Colgate-Palmolive worldwide top-line unit volume increased 7% while earnings per share grew 16% in the first quarter. Each of Colgate’s operating divisions achieved strong volume growth and also increased operating earnings in the period. Earnings per share rose to $.44 vs. $.38 on a diluted basis. Net income increased 12% to $267.9 million, and global sales of continuing businesses excluding exchange rose 9%. Including the effect of the strong dollar, continuing sales rose 3.5%.Reuben Mar...
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