Jan 30 Colgate-Palmolive Co, the world's
largest toothpaste maker, reported a 6 percent fall in quarterly
profit, hurt by a stronger dollar.
The company's net profit fell to $564 million, or 60 cents
per share, in the fourth quarter ended Dec. 31 from $598
million, or 63 cents per share, a year earlier.
Excluding items, Colgate-Palmolive earned 75 cents per
The company's sales rose 2 percent to $4.36 billion. Organic
sales, which strip out the impact of acquisitions, divestitures
and foreign exchange, increased 6.5 percent.
Colgate-Palmolive said foreign exchange fluctuations hurt
sales by 4.5 percent.