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Colgate’s Q1 Sales Rise 5%

Unit volume improves 3.5%.

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By: TOM BRANNA

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Colgate-Palmolive Company’s Q1 sales rose 5% to $4.2 billion. Global unit volume grew 3.5%, pricing increased 3.5% and foreign exchange was negative 2.0%. Excluding divested businesses, global unit volume grew 4.5%. The Sanex acquisition contributed 1.5% to sales and volume growth. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 6.5%. “We are very pleased to begin the year with strong top and bottom line growth, building on the growth mome...

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