Colgate reports strong Q1 sales growth but profits hit by tax charges
Global oral care player Colgate-Palmolive has announced continued strong sales growth for its Q4, but although profits are hit by a tax charge, the underlying trend is also up.
News & Analysis on Cosmetics Innovation
Global oral care player Colgate-Palmolive has announced continued strong sales growth for its Q4, but although profits are hit by a tax charge, the underlying trend is also up.
With 2011 sales jumping 12.3%, the world’s biggest botanical extracts specialist says it will acquire 4-5 companies in 2012, with negotiations advancing with an Asian target.
Beiersdorf’s preliminary full year sales show that the consumer division has been steady, boosted by developing markets but let down by European sales, but profits beats expectations on the back of restructuring.