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Colgate-Palmolive: targets raised for 2023

(CercleFinance.com) - Colgate-Palmolive has raised its targets for 2023, now aiming for adjusted EPS growth that is "in the high single-digit range", as well as sales growth of 6% to 8% (including 7% to 8% organic growth).


In Q3, the personal care products group's EPS rose by 16% to $0.86, on sales up that were up 10.5% at just over $4.9bn (+9% in organic terms).

Upbet, management says that the momentum of its business and strength of results and cash flow reinforce its confidence that we are implementing the right strategies.


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