Colgate-Palmolive: Q4 EPS up 11%
(CercleFinance.com) - Colgate-Palmolive has announced Q3 adjusted EPS that is up 11% to 79 cents, exceeding the consensus, for revenues that are up 5.
5% to 4.15 billion dollars, with organic growth of 7.5%.
For FY 2020, the personal care products manufacturer says it expects adjusted EPS growth of 6%-7%, as well as mid-single-digit revenue growth.
In addition, Colgate-Palmolive announces the appointment of Stanley Sutula as its new CFO, replacing Henning Jakobsen, effective from 9 November. Mr Sutula previously held a similar position at Pitney Bowes.
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5% to 4.15 billion dollars, with organic growth of 7.5%.
For FY 2020, the personal care products manufacturer says it expects adjusted EPS growth of 6%-7%, as well as mid-single-digit revenue growth.
In addition, Colgate-Palmolive announces the appointment of Stanley Sutula as its new CFO, replacing Henning Jakobsen, effective from 9 November. Mr Sutula previously held a similar position at Pitney Bowes.
Copyright (c) 2020 CercleFinance.com. All rights reserved.