colg ate’s world - nasdaq omx corporate...

4
COLG ATE’S WORLD Colgate At A Glance / Financial Highlights 2013 Full Year Colgate-Palmolive Company

Upload: hathien

Post on 24-May-2018

215 views

Category:

Documents


1 download

TRANSCRIPT

COLG ATE’S WORLDColgate At A Glance / Financial Highlights 2013 Full Year

Colgate-Palmolive Company

u Colgate is a $17.4 billion consumer products company that serves people around the world with well-known

brands that make their lives healthier and more enjoyable.

uTruly global in scope, Colgate sells its products in over 200 countries and territories. n Approximately 80% of sales come from international operations.

uColgate seeks to deliver strong global growth by following a tightly defined strategy to grow market shares for key products, such as toothpaste, mouthwashes, toothbrushes, bar and liquid soaps, deodorants/antiperspirants, dishwashing detergents, household cleaners, fabric conditioners and specialty pet food.

uAt Colgate, governance is an ongoing commitment shared by our Board of Directors, our Management team and all

Colgate people.

COLGATE AT A GLANCE

About Colgate Our Business Strategy Our People Our Global Brands

uColgate’s tightly defined business strategy focuses on four core global businesses: Oral Care, Personal Care,

Home Care and Pet Nutrition.

u Around the world, Colgate people are focused on four strategic initiatives:

n Engaging To Build Our Brands n Innovation For Growth n Effectiveness And Efficiency n Leading To Win

u Our long history of strong performance comes from absolute focus on our core global businesses, combined

with a successful worldwide financial strategy. This financial strategy is designed to increase gross profit margin and reduce costs in order to fund growth initiatives

and generate greater profitability.

u Colgate is committed to doing business with integrity and respect for all people and for the world around us. Our long-term sustainability strategy is focused on three areas: People, Performance and Planet. For more information, please visit Colgate’s Sustainability web site at www.colgatepalmolive.com

Italy Global

Brazil

China

South Africa United Kingdom

u We firmly believe that the commitment of our people to living Colgate’s values around the world is tightly linked

to our continued success year after year. Our three funda-mental values are Caring, Global Teamwork and Continu-ous Improvement.

uAll Colgate people practice Colgate’s Managing With Respect principles:

n Communicate Effectively n Value Unique Contributions n Give and Seek Feedback n Promote Teamwork n Set the Example

u At Colgate, we recognize that our people are our greatest asset, and we’re committed to maintaining an environment that celebrates their differences, values and contributions.

u Colgate’s commitment to the communities in which we live and work is demonstrated by well-established initiatives,

including Bright Smiles, Bright Futures Oral Health Programs, Colgate Women’s Games and numerous local programs. Colgate encourages employee volunteerism

through school mentoring programs and enrichment activities around the world.

About Colgate Our Business Strategy Our People Our Global Brands

Vietnam Hill’s Pet Nutrition

Global

Oral Care

Toothpastesn Colgate n Colgate 2in1 n Colgate Baking Soda and Peroxide Whitening Bubblesn Colgate Cavity Protection n Colgate Fresh Gel n Colgate Herbal n Colgate Interdental n Colgate Luminous n Colgate Max Clean n Colgate Max Fresh n Colgate Max White n Colgate Optic White Whiten & Protectn Colgate ProClinical White n Colgate Propolis n Colgate Sensitive n Colgate Sensitive Pro-Relief n Colgate Sparkling White n Colgate Tartar Protection with Whitening n Colgate Total n Colgate Total Advanced n Colgate Triple Action n elmex n Kolynos n Meridol n Sorriso n Tom’s of Maine n Ultra-brite

Toothbrushesn Colgate 360° n Colgate 360° ActiFlex n Colgate 360° Deep Clean n Colgate 360° Fresh ‘n Protect n Colgate 360° Luminous White n Colgate 360° Max White One n Colgate 360° Optic White n Colgate 360° Sensitive Pro-Relief n Colgate 360° Sonic Power n Colgate 360° Surroundn Colgate 360° Total Advanced Floss-Tipn Colgate Classic Clean n Colgate Double Action n Colgate Extra Clean n Colgate Max Fresh n Colgate Max White n Colgate My First Colgate n Colgate Navigator n Colgate Plus n Colgate Premier Clean n Colgate ProClinical n Colgate Slim Soft n Colgate Smiles n Colgate Total n Colgate Triple Action n Colgate Twistern Colgate Wave n Colgate Whiteningn Colgate Wisp n Colgate Zig Zag

n elmex n Meridol n Sanxiaon Sorriso n Tom’s of Maine

Other Oral Caren Colgate Optic White mouthwash n Colgate Plax mouthwashn Colgate Total dental flossn Colgate Total mouthwashn Tom’s of Maine dental flossn Tom’s of Maine mouthwash

Personal Care

Bar Soapsn Irish Springn Irish Spring GEARn Palmoliven Palmolive Antibacterialn Palmolive Aromatherapyn Palmolive For Menn Palmolive Kidsn Palmolive Magic Softnessn Palmolive Naturalsn Palmolive Nutri-Milkn Protexn Sanex Dermon Sanex Zero%n Sanxiaon Softsoapn Tom’s of Maine

Liquid Hand Soapsn Palmoliven Palmolive Naturalsn Palmolive Unicuran Protexn Sanexn Softsoapn Softsoap Décor Collectionn Softsoap Pampered Handsn Tom’s of Maine

Body Wash/Shower Geln Irish Springn Irish Spring GEARn Palmoliven Palmolive Aromatherapyn Palmolive Ayuritueln Palmolive Naturalsn Palmolive Thermal Span Palmolive Tahitin Protexn Sanexn Sanex Dermon Sanex For Menn Sanex Zero%n Softsoapn Softsoap Body Buttern Tom’s of Maine

Shampoos/Conditionersn Palmolive Capricen Palmolive For Menn Palmolive Kids n Palmolive Naturalsn Palmolive Optims/Optiman Sanexn Sanex Zero%

Anti-Perspirants/Deodorantsn Lady Speed Stickn Lady Speed Stick 24/7n Lady Speed Stick StainGuardn Lady Speed Stick Teen Spiritn Sanexn Sanex Bio-Responsen Sanex For Menn Sanex Natur Protectn Sanex Zero%n Speed Stickn Speed Stick GEAR n Speed Stick Irish Spring n Speed Stick Power n Speed Stick StainGuardn Tom’s of Maine

Other Personal Caren Aftan Colgate shave creamn Palmolive shave foamn Skin Bracern Speed Stick GEAR body spray

Home Care

Dishwashingn Ajaxn Ajax Triplen Axionn Paic n Paic Excel+n Palmoliven Palmolive Antibacterialn Palmolive Dish + Sinkn Palmolive eco+n Palmolive Originaln Palmolive Oxyn Palmolive Pure + Clearn Palmolive Scent Essentialn Palmolive Soft Touch

Cleanersn Ajaxn Fabuloson La Croixn Murphy Oil Soap

Fabric Conditionersn Softlann Souplinen Suavitel

Pet Nutrition

For Canine and Feline Nutritional Needs n Hill’s Ideal Balancen Hill’s Nature’s Bestn Hill’s Science Diet n Hill’s Science Plan

Available Through Veterinariansn Hill’s Prescription Dietn Hill’s Science Diet Healthy Advantagen Hill’s Science Plan VetEssentials

For more information on our products, please visit www.colgate.com

(Dollars in Millions Except Per Share Amounts) 2013 2012 Change

Worldwide Net Sales $ 17,420 $ 17,085 +2.0%

Unit Volume +5.0%

Gross Profit Margin 58.6% 58.1% +50 basis points

Operating Profit $ 3,556 $ 3,889 -9%

Operating Profit Margin 20.4% 22.8% -240 basis points

Net Income Attributable to Colgate-Palmolive Company (1) $ 2,241 $ 2,472 -9%

Net Income Attributable to Colgate-Palmolive Company Percent to Sales 12.9% 14.5% -160 basis points

Diluted Earnings Per Share (1)(2) $ 2.38 $ 2.57 -7%

Dividends Paid Per Share (2) $ 1.33 $ 1.22 +9%

Operating Cash Flow $ 3,204 $ 3,196 –

Number of Registered Common Shareholders 26,900 27,600 -3%

Number of Common Shares Outstanding (in millions) (2) 920 936 -2%

Year-end Stock Price $ 65.21 $ 52.27 +25%

Corporate OfficesColgate-Palmolive Company300 Park AvenueNew York, NY 10022-7499(212) 310-2000www.colgatepalmolive.com

Investor Relations Tel: (212) 310-2575Fax: (212) 310-2475e-mail: [email protected]

Institutional Investors Call Bina ThompsonTel: (212) 310-3072

Shareholder Information Tel: 1-800-850-2654

Computershare PO Box 30170College Station, TX 77840-30061-800-756-8700 or (201) 680-6578E-mail: [email protected] Web site: www.computershare.com/ investor Hearing impaired: TDD: 1-800-231-5469

Consumer Affairs For Oral, Personal and Home Care Tel: 1-800-468-6502For Hill’s Pet NutritionTel: 1-800-445-5777 Corporate CommunicationsTel: (212) 310-2199Fax: (212) 310-3023

Financial Trends 2013 Highlights

Key Contacts

2013 Full Year

COLG ATE’S FINANCIAL HIGHLIGHTS For more information visit www.colgatepalmolive.com

(1) Net income attributable to Colgate-Palmolive Company and diluted earnings per share in 2013 include aftertax charges of $424 million ($0.46 per diluted share) related to the 2012 Restructuring Program and certain other items. Net income attributable to Colgate-Palmolive Company and diluted earnings per share in 2012 include aftertax charges of $102 million ($0.11 per diluted share) related to the 2012 Restructuring Program and certain other items. A complete reconciliation between reported results (GAAP) and results excluding these items (Non-GAAP), including a description of such items, is available on Colgate’s web site at www.colgatepalmolive.com.

(2) All share and per share amounts have been restated to reflect the two-for-one stock split in 2013.

uWorldwide net sales increased 2.0% to an all-time record level and organic sales (net sales excluding foreign exchange, acquisi-tions and divestments) grew 6.0%.

uThe strong organic sales growth was led by robust growth in emerging markets.

uGross profit margin increased 50 basis points to 58.6%.uAdvertising behind Colgate’s brands increased 6% versus 2012,

driving strong market share performance worldwide. uThe quarterly dividend increased by 10% in 2013, following a

7% increase in 2012.

2013

2012

2011

2010

2009

$17,420

$17,085

$16,734

$15,564

$15,327

58.8% (2)

58.3% (2)

57.6% (2)

59.1%

58.8%

58.6%

58.1%

57.3%

2013

2012

2011

2010

2009

$2.38

$2.57

$2.47

$2.16

$2.84 (3)

$2.68 (3)

$2.51 (3)

$2.42 (3)

$2.18

2013

2012

2011

2010

2009

20082012201120102009

(1) All per share amounts have been restated for the two-for-one stock split in 2013.

(2) 2013 excludes charges related to the 2012 Restructuring Program and certain other 2013 items. 2012 excludes costs related to the sale of land in Mexico. 2011 excludes costs associated with various business realignment and other cost-saving initiatives. A complete reconciliation between reported results (GAAP) and results excluding these items (Non-GAAP), including a description of such items, is available on Colgate’s web site.

(3) 2013 and 2012 exclude charges related to the 2012 Restructuring Program and certain other 2013 and 2012 items. 2011 excludes costs associated with various business re-alignment and other cost-saving initiatives and certain other 2011 items. 2010 excludes a one-time charge related to the transition to hyperinflationary accounting in Venezuela and certain other 2010 items. A complete reconciliation between reported results (GAAP) and results excluding these items (Non-GAAP), including a description of such items, is available on Colgate’s web site.

Net Sales ($ millions)

Gross Profit Margin And Additional Information (2) (% of sales)

Diluted Earnings Per Share And Additional Information (1) (3)