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A Profitable Quarter for Colgate-Palmolive

Report shows 13.7% profit increase to $561.6M

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By: TOM BRANNA

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Things are looking brighter at Colgate-Palmolive. Besides recently ranking No. 2 in HAPPI’s Top 50 with annual sales of $13.1 billion, second-quarter profit rose 13.7% to $561.6 million in the company’s latest financial report. However, net sales fell 5.5% to $3.75 billion.

Latest releases at the company include Colgate Wisp, a portable and disposable oral care product, and new dish liquids from Palmolive Pure + Clear and Ajax.

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