Colgate to Sell Its Viva Detergent Brand in Mexico

Total Page:16

File Type:pdf, Size:1020Kb

Colgate to Sell Its Viva Detergent Brand in Mexico Colgate to Sell its Viva Detergent Brand in Mexico New York, New York, December 29, 2000... Colgate-Palmolive Company (NYSE:CL) announced today the sale of its Viva detergent in Mexico to Henkel, the German consumer products and chemical company, effective January 2001. The sale of this non-core brand is consistent with Colgate's strategy to de-emphasize detergents while investing in its high margin personal care and oral care businesses, which have been exhibiting healthy volume growth both in Mexico and around the world. The sale will have no impact on Colgate's earnings, as the one-time gain that results from the transaction will be offset by one- time charges, including the write-off of Mexican detergent assets and other one-time costs. * * * About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, Ajax, Axion, Soupline, Suavitel and Fab, as well as Hill's Science Diet and Hill's Prescription Diet pet foods. For more information about Colgate's global business, visit the Company's web site on the Internet at http://www.colgatepalmolive.com. This press release (other than historical information) contains forward-looking statements. Actual events or results may differ materially from those statements. Investors should consult the Company's filings with the Securities and Exchange Commission (including the Company's Form 8-K dated November 13, 1998) for information about factors that could cause such differences. Copies of these filings may be obtained upon request from the Company's Investor Relations Department. .
Recommended publications
  • Company Profile
    Company Profile Founded in 1806, Colgate-Palmolive is a $17.42 billion consumer products company that serves people around the world with well- known brands that make their lives healthier and more enjoyable. Colgate Brands Colgate provides oral care, personal care, home care and pet nutrition products under trusted brands such as: Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, Elmex, Tom’s of Maine, Ajax, Axion, Soupline, Suavitel, Hill’s Science Diet and Hill’s Prescription Diet. Operations Colgate operates in over 75 countries and sells products in over 200 countries and territories. 37,400 Colgate employees drive our success. Headquartered in New York City, Colgate operates through six divisions around the world: ® ® ® North America Latin America Europe/South Pacific Softsoap Blue- PMS 661 Silver- Foil Stamp Africa/Eurasia Asia Hill’s Pet Nutrition Six Divisions The Company has over 50 manufacturing and research facilities globally. The vast majority of Colgate products are manufactured in Colgate-owned facilities. 5 of 5854 Company Profile Business Strength Colgate Values Colgate’s success is linked to the Company’s values of Net Sales ($ millions) Caring, Global Teamwork and Continuous Improvement. 2009 $15,327 2010 $15,564 n 2011 $16,734 Caring 2012 $17,085 The Company cares about people: Colgate people, 2013 $17,420 customers, shareholders and business partners. Colgate is committed to act with compassion, integrity, honesty Dividends Paid(1) (per common share) and high ethics in all situations, to listen with respect 2009 $0.86 to others and to value differences. The Company is 2010 $1.02 also committed to protect the global environment, to 2011 $1.14 enhance the communities where Colgate people live 2012 $1.22 and work, and to be compliant with government laws 2013 $1.33 and regulations.
    [Show full text]
  • Executive Summary
    _______________________________________Top Five Toothpaste Brands in Mumbai Executive Summary A day to day necessity of our life is toothpaste. We have variety of brands available in market. People use variety of toothpaste as per their requirement and as per their need, the main objective of using toothpaste is to keep our teeth healthy, 24 hours freshness and to avoid cavity so that we can enjoy our life as we want and we can enjoy variety of food. We have Colgate, Pepsodent, Close – up, Cibaca, Babool, Anchor, Ajanta, etc. The main objective behind making this project is to provide detail analysis of top 5 brand used in Mumbai, and to know most preferable toothpaste in south Mumbai. The top 5 brands used in Mumbai are COLGATE, PEPSODENT, CLOSE – UP, CIBACA, COLGATE FRESH ENERGY GEL. This project gives you brief introduction about Toothpaste Industry, History of Toothpaste, Industry Overview, Segments in the Industry. It includes primary and secondary information. The penetration levels of dentifrice in the country have been on an upward trend over the last few years driven by strong improvements in toothpaste penetration. In India, per capita toothpaste consumptiotion stood at 74g in 2005, which isis amongst the lowest in the world, compared to 350g and 300g in Malaysia and Vietnam respectively. Oral hygiene continues to be under aggressive competition, with sales increasing by a modest 3% in current value terms in 2006 to Rs. 2,400 crs. Toothpaste accounted for a whopping 83% of value sales. 11 _______________________________________Top Five Toothpaste Brands in Mumbai Industry analysts believe that the new threat will come from smaller players who have embraced a different kind of business model with a different value proposition.
    [Show full text]
  • Giving the World Reasons to Smile Colgate Sustainability Report Giving the World Reasons to Smile
    Colgate Sustainability Report 2011 Giving the World Reasons to Smile Colgate Sustainability Report Giving the World Reasons to Smile About This Report Unless otherwise indicated, this report includes environmental, occupa- tional health and safety data from Colgate-Palmolive-owned manufac- turing and technology centers around the world, representing approxi- mately 95 percent of global production and 100 percent of research and development facilities under ownership. Colgate has chosen not to publish a printed version of this report in order to preserve resources and to ensure accurate and timely reporting of information. Financial information is global and is given in U.S. dollars. For feedback, questions and comments related to Colgate’s 2011 Sustainability Report, please contact [email protected]. For all other inqui- ries, please visit Colgate’s Consumer Affairs site at www.colgate.com. Contents: Message from Ian Cook 3 Company Profile 4 2011 to 2015 Sustainability Strategy 6 Recent Highlights 7 Awards and Recognition 8 n People 9 n Performance 21 n Planet 30 Spotlight on... Emerging Markets 41 Spotlight on... Suppliers 44 Spotlight on... Partnerships 49 Key Performance Indicators (KPI) 51 Global Reporting Initiative (GRI) Index 52 Message from CEO n Profile n Strategy n Highlights n Awards n People n Performance n Planet n Emerging Markets n Suppliers n Partnerships n KPI n GRI Index Message from Ian Cook t 3 of 57 u Long before many businesses began talking about sustainability and social responsi- bility, Colgate recognized that how we do business is just as important as what we do. At Colgate, sustainability is not just a project or initiative — it’s built into business decisions every day.
    [Show full text]
  • Annual Reports 2017
    Investing For Global Growth Winning With Focus Colgate-Palmolive Company n 2017 Annual Report 30693 CPAR17_FINAL_021518 cc18.indd 1 3/15/18 1:19 PM Financial Highlights (Dollars in Millions Except Per Share Amounts) 2017 2016 Change Worldwide Net Sales $15,454 $ 15,195 +1.5% Organic Sales Growth +1.0% Gross Profit Margin 60.0% 60.0% – Operating Profit $ 3,589 $ 3,837 -6% Operating Profit Margin 23.2% 25.3% -210 basis points Net Income Attributable to Colgate-Palmolive Company (1) $ 2,024 $ 2,441 -17% Diluted Earnings Per Share (1) $ 2.28 $ 2.72 -16% Dividends Paid Per Share $ 1.59 $ 1.55 +3% Operating Cash Flow $ 3,054 $ 3,141 -3% Year-end Stock Price $ 75.45 $ 65.44 +15% 20% North America 25% Latin America (1) Net income attributable to Colgate-Palmolive Company and diluted earnings per share in 2017 include charges related to the16% Global Europe Growth and Efficiency Program and a provisional charge related to U.S. tax reform. Net income attributable to Colgate-Palmolive Company and diluted earnings per share in 2016 18% Asia Pacific include a gain from the sale of land in Mexico, charges related to the Global Growth and Efficiency Program and certain other items. 6% Africa/Eurasia 15% Hill’s Pet Nutrition 2017 NET SALES BY GEOGRAPHIC REGION 2017 NET SALES BY MARKET MATURITY 20% North America 25% Latin America 16% Europe 50% Developed Markets 18% Asia Pacific 50% Emerging Markets 6% Africa/Eurasia 15% Hill’s Pet Nutrition (1) (2) NET SALES GROSS PROFIT MARGIN DILUTED EARNINGS DIVIDENDS PAID ($ billions) (% of sales) ($ per share) ($ per share) (1) (1) 60.5 17.4 17.3 60.3 1.59 50% Developed Markets (2) 1.55 (2) 2.93 (2) 2.84 (2) (2) 2.87 1.50 60.0 60.0 2.81 2.81 50% Emerging Markets 1.42 16.0 (1) 58.8 58.7(1) 58.7(1) 2.72 1.33 15.5 15.2 58.6 58.5 58.6 2.38 2.36 2.28 1.52 ’17’16’15’14’13 ’15 ’17’16’15’14’13 ’15’14’13 ’17’16 ’13 ’17’16’15’14 (1) 2013-2017 exclude charges related to the Global Growth and Efficiency Program.
    [Show full text]
  • Pledge to Save Water and Help a School Win a Garden
    FOR IMMEDIATE RELEASE CONTACT: Sue Kauffman TerraCycle 609.393.4252 x3708 [email protected] PLEDGE TO SAVE WATER AND HELP A SCHOOL WIN A GARDEN Colgate®, ShopRite® and TerraCycle® Prepare to Award TWO Gardens Made of Recycled Material NEWARK, N.J., (July 8, 2019) –Today TerraCycle announced the 2019 Save Water Challenge that asks school students, teachers and communities to take the pledge to save water on behalf of their school for a chance to win one of two (2) recycled gardens made from recycled oral care waste. Launched in partnership with the global oral care leader Colgate-Palmolive and regional retailer ShopRite, starting June 30, schools located throughout New York, New Jersey, Pennsylvania, Delaware, Connecticut and Maryland, that participate in the Colgate® Oral Care Recycling Program, are eligible to enter for a chance to win a garden made from recycled toothbrushes, toothpaste tubes and floss containers. Through September 30, consumers can pledge to save water on behalf of a participating school once a day during the promotion timeline. The top two (2) schools with the most pledges by the end of the contest period will win the grand prize gardens. Grand prize winners will be announced in October and the gardens will be installed next Spring. Schools can encourage their community to pledge online by logging onto http://www.terracycle.com/colgateshopritegarden2019. ShopRite is also encouraging community participation in the contest with displays throughout its 270 stores and information about the contest on ShopRite’s Facebook page. A full set of rules for the 2019 “Save Water Challenge” can be viewed: http://www.terracycle.com/colgateshopritegarden2019.
    [Show full text]
  • 2008 CFAOCF Annual Report
    CHARTERED FINANCIAL ANALYST SOCIETY OF ORANGE COUNTY (CFAOCF) CFAOCF Investment Portfolio Annual Report 2008 Prepared by the California State University Long Beach Student Managed Investment Fund (SMIF) 2/28/2009 TABLE OF CONTENTS SMIF Participants ........................................................................................................................................................... 3 About SMIF .................................................................................................................................................................... 4 Macroeconomic Overview ............................................................................................................................................. 5 Fund Performance ......................................................................................................................................................... 6 Equity Components ....................................................................................................................................................... 7 Colgate-Palmolive Company (CL) ............................................................................................................................... 7 MasterCard Incorporated (MA) ................................................................................................................................. 8 McDonald’s Corporation (MCD) ...............................................................................................................................
    [Show full text]
  • Printmgr File
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) (X) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2008 or ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 1-644 (Exact name of registrant as specified in its charter) DELAWARE 13-1815595 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 300 Park Avenue, New York, New York 10022 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code 212-310-2000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, $1.00 par value New York Stock Exchange Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes X No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No X Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Colgate-Palmolive
    SOUTH CAROLINA PROVIDES hen Colgate-Palmolive needed to relocate manufacturing operations from an older facility in 2013, the decision was made to seek out an existing building that could be W COLGATE-PALMOLIVE repurposed to fit their needs. After an extensive search, the company chose to locate their UNMATCHED WORKFORCE SOLUTIONS new facility at a site in Greenwood, South Carolina. Brenda Przybyla, human resources manager at the what to do to be the most productive and get the most Greenwood Colgate-Palmolive Facility, describes how qualified candidates. readySC™ spearheaded a team, including Piedmont Technical College (PTC) and the local SC Works job I met with readySC, and we talked about the type of re- placement center to aid the company’s successful cruiting processes and assessments that we needed at startup. Along the way, they teamed up to create a the site. They were invaluable in helping us understand new recruiting model that resulted in significant what other companies had done, what had worked cost-savings for Colgate-Palmolive. well and what had not worked well. They gave us a lot of input and insights into how EDGE: How did Colgate-Palmolive get its start in we might want to proceed to make South Carolina? sure we maximized the state’s resources as well as our own Brenda Przybyla: We had a facility in Morristown, contributions to this process. New Jersey that was a very old facility. There was not an opportunity for expansion or upgrades at that EDGE: How did your location, so that caused Colgate-Palmolive, to begin collaboration with looking for a new site.
    [Show full text]
  • 2019 Annual Report Annual Report
    Colgate-Palmolive ACCELERATING GROWTH Colgate-Palmolive Company n 2019 Annual Report Company 2019 Annual Report 300 Park Park Avenue Avenue New New York, York, NY NY10022-7499 10022-7499 Colgate-Palmolive is a leading global consumer products company, focused on Oral Care, Personal Care, Home Care and Pet Nutrition. With more than 34,000 people and its products sold in over 200 countries and territories, Colgate is known for household names such as Colgate, Palmolive, elmex, meridol, Tom’s of Maine, Hello, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Filorga, EltaMD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. The Company is also recognized for its leadership and innovation in promoting environmental sustainability and community wellbeing, including its achievements in saving water, reducing waste, promoting recyclability and improving the oral health of children through its Bright Smiles, Bright Futures program, which has reached more than one billion children since 1991. For more information about Colgate’s global business and how the Company is building a future to smile about, visit http://www.colgatepalmolive.com. 38084.COVER.CC2020.indd 1 2/20/203/16/20 3:518:55 PMAM 2019 AT A GLANCE SHAREHOLDER INFORMATION Corporate Office Independent Registered Reports and Policies Net Sales By Colgate-Palmolive Company Public Accounting Firm Annual reports, press releases, NetGeographic Sales By Region 300 Park Avenue PricewaterhouseCoopers LLP company brochures, SEC filings and Geographic Region New York, NY 10022-7499 other publications are available on our 22% North America #1 $15.7B (212) 310-2000 Communications to the website at www.colgatepalmolive.com.
    [Show full text]
  • Company Profile
    Company Profile Founded in 1806, Colgate-Palmolive is a $17.1 billion consumer products company that serves people around the world with well-known brands that make their lives healthier and more enjoyable. Colgate Brands Colgate provides oral care, personal care, home care and pet nutrition products under trusted brands such as: Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, Elmex, Tom’s of Maine, Ajax, Axion, Soupline, Suavitel, Hill’s Science Diet and Hill’s Prescription Diet. Operations Colgate operates in over 75 countries and sells products in over 200 countries and ter- ritories. Approximately 75 percent of sales come from operations outside of the United States. 37,700 Colgate employees drive our success. Headquartered in New York City, Colgate operates through five divisions around the world: Five Divisions ® ® ® North America Latin America Europe/South Pacific Softsoap Blue- PMS 661 Silver- Foil Stamp Greater Asia/Africa Hill’s Pet Nutrition The Company has over 60 manufacturing and research facilities globally. The vast major- ity of Colgate products are manufactured in Colgate-owned facilities. Business Strength Colgate Values Colgate’s success is linked to the Company’s values of Net Sales ($ millions) Caring, Global Teamwork and Continuous Improvement. 2008 $15,330 2009 $15,327 2010 $15,564 n Caring 2011 $16,734 The Company cares about people: Colgate people, cus- 2012 $17,085 tomers, shareholders and business partners. Colgate is committed to act with compassion, integrity, honesty and Dividends Paid (per common share) high ethics in all situations, to listen with respect to others 2008 $1.56 and to value differences.
    [Show full text]
  • Colgate Completes Purchase of European Oral Care Company
    Colgate Completes Purchase of European Oral Care Company New York, New York, June 1, 2004...Colgate-Palmolive Company (NYSE:CL), world leader in oral care, today announced, as expected, its completion of the purchase of 100% of the outstanding shares of GABA Holding AG for CHF1051 million (US $841million). Included in the assets of the business acquired is $112 million of net cash. The agreement to purchase GABA, a privately-owned European oral care company, was signed and announced in December 2003. Reuben Mark, Colgate's Chairman and CEO said, "We are excited to move forward on this strategically important, highly complementary business combination. GABA will help further build our world leadership in the highly profitable, fast-growing toothpaste business." * * * About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, Ajax, Axion, Soupline, Suavitel and Fab, as well as Hill's Science Diet and Hill's Prescription Diet pet foods. For more information about Colgate's global business, visit the Company's website at www.colgate.com. This press release (other than historical information) may contain forward-looking statements. Actual events or results may differ materially from those statements. Investors should consult the Company's filings with the Securities and Exchange Commission (including the information set forth under the caption "Cautionary Statement on Forward-Looking Statements" in the Company's Form 10-K for the year ended December 31, 2003) for information about factors that could cause such differences.
    [Show full text]
  • 2020 Plastic Recycling Showcase
    2020 Plastic Recycling Showcase Tom's of Maine Recyclable Tube Earns APR Recognition Colgate-Palmolive is a leading global consumer products company, focused on Oral Care, Personal Care, Home Care and Pet Nutrition. With more than 34,000 people and its products sold in over 200 countries and territories, Colgate is known for household names such as Colgate, Palmolive, Elmex, Tom’s of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Filorga, eltaMD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. The Company is recognized for its leadership and innovation in promoting environmental sustainability and community wellbeing, including its achievements in saving water, reducing waste, promoting recyclability and improving the oral health of children through its Bright Smiles, Bright Futures program, which has reached more than one billion children since 1991. For more information about Colgate’s global business and how the Company is building a future to smile about, visit http://www.colgatepalmolive.com. Essel Propack, is a specialty packaging company manufacturing laminated plastic tubes catering to the FMCG and Pharma space. Holding an Oral Care market share of 36% in volume terms globally, Essel Propack is the world’s largest manufacturer with units operating across countries such as USA, Mexico, Colombia, Poland, Germany, Egypt, Russia, China, Philippines and India. These facilities cater to diverse categories that include brands in Beauty & Cosmetics, Pharma & Health, Food, Oral and Home, offering customized solutions through continuously pioneering first-in-class innovations in materials, technology and processes.
    [Show full text]