(CercleFinance.com) – Colgate-Palmolive publishes for the last three months of 2022, adjusted EPS down 3% to $0.77, reflecting an adjusted gross margin down 2.5 points to 55.6% , for revenues up 5% to 4.63 billion (+8.5% organically).
The maker of personal hygiene products thus garnered, over the past year as a whole, adjusted EPS down 7% to 2.97 dollars, with organic revenue growth of 7%, thus exceeding its range. long-term target which ranges from 3 to 5%.
For 2023, Colgate-Palmolive anticipates adjusted EPS growth in the low to mid-single digit range, and expects organic revenue growth to be near the upper end of its long-term target range. term.
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