Join our community of smart investors

Colgate-Palmolive: Slowdown wipes smiles off faces

Weaker US pricing and pet food sales drag down growth in fourth quarter
Colgate-Palmolive: Slowdown wipes smiles off faces Published on January 31, 2025
  • Net sales expected to be flat this year
  • Shares trade in line with peers

Consumer goods group Colgate-Palmolive (US:CL) highlighted a milestone of reaching $20bn (£16.1bn) of sales for the first time in 2024, with organic sales growth of 7.4 per cent better than analysts were anticipating at the start of the year.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Already a subscriber? Sign in