Thursday , June 24 2021

Colgate predicts lower revenue in 2019



On Wall Street, which expected an increase of 2.4%, according to IBES Refinitiv, the title lost 2.8% on Friday in pre-market deals.

In the fourth quarter of 2018, the Group's revenues fell by 2% to $ 3.81 billion (Consensus 3.77 billion), while Gross Profit Margin – to 59.1% vs. 59.8% in one year earlier. The adjusted net profit decreased by 3% to 638 million. Dollar, or $ 0.74 per share (Consensus $ 0.73).

(Business service)


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