Company News, Financial News

Colgate Reports 2013 Results

Worldwide net sales rise 2% over 2012 performance.

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By: Christine Esposito

Editor-in-Chief

Colgate-Palmolive Company’s worldwide net sales were $4.3 billion in fourth quarter of 2013, an increase of 2.0% versus the fourth quarter of 2012. Global unit volume grew 6.5%, pricing was even with the year ago quarter and foreign exchange was negative 4.5%. Organic sales (net sales excluding foreign exchange, acquisitions and divestments) grew 6.5%, according to the company. Net income in fourth quarter was $564 million, which included $133 million of aftertax charges resulting from the impl...

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