Financial News

Q1 Shows Gain for Colgate

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By: TOM BRANNA

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• Colgate-Palmolive’s first quarter sales rose 2.5% to $4.3 billion. Global unit volume grew 4.0%, pricing increased 1.5% and foreign exchange was negative 3.0%. Operating profit decreased 21% to $742 million in first quarter 2013. Colgate’s global market shares in toothpaste (45.6%) and manual toothbrushes (33.4%) are both at record highs year to date, according to the company. ...

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