Breaking News

Colgate’s Sales Rise 2%

April 1, 2014

Colgate-Palmolive Company’s worldwide net sales rose 2% to $4.3 billion in fourth quarter of 2013. Global unit volume grew 6.5%, pricing was even with the year ago quarter and foreign exchange was negative 4.5%.

For the full year 2013, worldwide net sales also increased 2% to $17.4 billion. Global unit volume grew 5%, pricing increased 1% and foreign exchange was negative 4.0%. Organic sales grew 6%, according to Colgate. Net income for 2013 was $2.2 billion.

“We are delighted to have ended the year with another quarter of strong growth on both the top and bottom lines,” said Ian Cook, chairman, president and CEO. “For the eleventh consecutive quarter, operating profit, net income and diluted earnings per share all increased versus the year ago period.”

According to Cook, the strong 6.5% organic sales growth was led by the emerging markets, “where organic sales grew a robust 10.5%. Our strong top-line momentum should continue into 2014, fueled by new products across all categories and in all geographies.”

Cook added, “Colgate’s leading global market shares in toothpaste and manual toothbrushes remain strong at 44.9% and 32.8%, respectively, on a year-to-date basis. We continue to make great progress in mouthwash as well, with our global market share in that category reaching a record high at 17.0% year to date, up 130 basis points versus prior year.”

Cook described the company’s 2012 restructuring program as being “on track and proceeding smoothly.” 
  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • Discourse on Disclosure

    Discourse on Disclosure

    Tom Branna, Editorial Director||January 6, 2017
    Transparency impacts the cleaning industry.

  • The Top Stories of 2016

    The Top Stories of 2016

    December 26, 2016
    The companies and topics that grabbed headlines and your attention this year.

  • Hitting the Right Notes

    Hitting the Right Notes

    January 6, 2017
    Agilex Fragrances is the leader in the middle market fragrance category.

  • The Smell of Clean in 2017

    The Smell of Clean in 2017

    January 6, 2017
    Changing consumer lifestyles and demographics are impacting the scents found in the household cleaning category.

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017