Colgate-Palmolive
Industry: Personal & Household Prods.
Colgate-Palmolive Company is a consumer products company whose products are marketed in over 200 countries and territories worldwide. The Company manufactures and markets a wide variety of products in the United States and worldwide in two business segments: oral, personal, household surface and fabric care and pet nutrition.
Business Summary
Colgate-Palmolive Company (Colgate) is a consumer products company whose products are marketed in over 200 countries and territories throughout the world. The Company manages its business in two product segments: Oral, Personal and Home Care, and Pet Nutrition. Sales of Oral, Personal and Home Care products accounted for 35%, 23% and 28%, respectively, of total worldwide sales during the year ended December 31, 2004. Geographically, Oral Care is a significant part of the Company's business in Asia/Africa, comprising approximately 55% of sales in that region for 2004. Sales of Pet Nutrition products accounted for 14% of the Company's total worldwide sales in 2004. On December 18, 2003, the Company agreed to acquire GABA Holding AG, a privately owned European oral care company. The transaction was completed in June 2004.
Financial Summary
Colgate-Palmolive Company manufactures and markets a wide variety of products in the U.S. and around the world in two distinct business segments: Oral, Personal and Household Care, and Pet Nutrition. For the 6 months ended 6/30/05, sales rose 10% to $5.58B. Net income applicable to Common fell 10% to $629.3M. Revenues reflect strong worldwide sales and unit volume growth. Net income was offset by lower gross margins and higher SG&A expenses.







