Page 6 - Colgate-palmolive

Colgate-Palmolive surges 6% on better than expected Q1 results

The stock moved higher by 6% to Rs 1,099 on BSE

Colgate-Palmolive net down 22.6%

Net sales fell to Rs 981.6 crore, against Rs 1,073.4 crore in the corresponding period of the previous financial year

Colgate-Palmolive: Shining ahead of peers

Despite stiff competition, the firm maintained its leadership position in the second quarter

Colgate-Palmolive Q2 net up 16% to Rs 181.31 crore

Net sales increased to Rs 1,195 crore from Rs 1,088 crore in the quarter ended September 30, 2015

Colgate-Palmolive Q1 net profit jumps 8% to Rs 126 crore

Shares of the company were trading 6.51% up at Rs 1,019.45 on BSE

Colgate to cut 3,200 to 3,800 people from its workforce globally

Increases job cuts in its restructuring programme from its current 2,700-3,200 reductions

Colgate-Palmolive hits over 17-month low

Thus far in 2016, the stock is down 17% as compared to 6% decline in the S&P BSE Sensex