Financial Times FT.com

Colgate lifted by advertising push

By Jonathan Birchall

Published: April 26 2007 03:00 | Last updated: April 26 2007 03:00

Colgate Palmolive, the maker of toothpaste, soap and cleaning products, said yesterday that record spending on worldwide advertising had supported a 12 per cent increase in sales to $3.2bn in its first quarter and an 8 per cent rise in unit volume.

Reuben Mark, who is stepping down as CEO on July 1 after 20 years, said a 20 per cent increase in overall advertising had been equally spread between different regions.

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