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Friday 22 March 2013

Colgate-Palmolive - Buy



  • Consumer product maker Colgate-Palmolive Co says its board approved a 2-for-1 stock split via a stock dividend.
  • The maker of Colgate toothpaste and Palmolive dish soap also will raise its dividend 10%.
  • Buy with a target of 1540
Annual results in brief
(Rs crore)
Mar ' 12Mar ' 11Mar ' 10Mar ' 09Mar ' 08
Sales2,693.232,296.862,035.201,770.821,473.38
Operating profit578.52526.99498.47346.65228.55
Interest1.513.291.501.101.44
Gross profit627.70554.20522.37368.26311.89
EPS (Rs)32.8329.6031.1221.3417.04

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