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Colgate-Palmolive Reports Q4 2011 Financials
Posted: January 26, 2012
page 3 of 3
Recent premium innovations contributing to strength in other product categories include Sanex Dermo Repair shower gel, Palmolive "Authentic" shower gels and liquid hand soaps containing Mediterranean-inspired fragrances and ingredients, the relaunch of Palmolive Aromatherapy and Thermal Spa shower gels with multisensory features, and the Natura Verde line of home care products.
Representing 20% of company sales, the company’s greater Asia/Africa Net sales and unit volume increased 5% and 6%, respectively, during fourth quarter 2011. Volume gains in India, Russia, Malaysia and Thailand were partially offset by a volume decline in the greater China region. The Sanex acquisition added 1% to sales and volume growth for the region. Pricing increased 3.5% and foreign exchange was negative 4.5%. Organic sales for greater Asia/Africa increased 8.5%. Colgate continued its toothpaste leadership in greater Asia, driven by market share gains in Thailand, Malaysia, Taiwan, Hong Kong and Turkey. Successful new products including Colgate Sensitive Pro-Relief Whitening, Colgate Sensitive Pro-Relief Multi-Protection and Colgate Active Salt toothpastes and the relaunch of Colgate Total toothpaste contributed to growth throughout the region. Successful products contributing to growth in other categories in the region include Colgate Plax Fresh Tea and Colgate Plax Whitening mouthwashes, and Lady Speed Stick Waterproof and Speed Stick Breathe & Protect deodorants.