(CercleFinance.com) – On the occasion of its quarterly publication, Colgate-Palmolive indicates that it is updating its annual forecasts, now aiming for a drop in adjusted EPS of 7 to 8% (and no longer in the middle of the range at one figure), reflecting the additional negative currency impact.
On the other hand, the manufacturer of personal hygiene products is tightening upwards its forecasts for organic growth in turnover for the current year, its target range thus increasing from +5-7% to +6-7%.
In the third quarter of 2022, it achieved adjusted EPS down 9% to $0.74, for revenue of $4.45 billion, up 1% as reported and 7% organically. , growth in which all of its divisions and categories participated.
Copyright © 2022 CercleFinance.com. All rights reserved.
Did you like this article ? Share it with your friends with the buttons below.
