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Worldwide net sales fall 7.0% but volume up 1.5%.
January 29, 2016
By: Christine Esposito
Editor-in-Chief
Colgate-Palmolive Company’s net sales in fourth quarter 2015 fell 7.5% versus fourth quarter 2014 to of $3.89 billion. Global unit volume was even with the year ago quarter. Excluding divested businesses, unit volume increased 1.0%, and organic sales grew 5.0%, the firm said. For the full year 2015, worldwide net sales were $16.0 billion, a decrease of 7.0% versus the prior year. However, Colgate said global unit volume grew 1.5%, pricing increased 3.0% and foreign exchange was negative 11.5%...
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