Now sees FY organic sales up 5-7% (Il Sole 24 Ore Radiocor) - Milan, 26 Apr - Colgate raised its net sales growth guidance to 2-5% from a previous estimate of 1-4% and the organic sales growth guidance to 5-7% from 3-5%.

The company still expects gross profit margin expansion, increased advertising investment and double-digit earnings-per-share growth rate on a reported basis.

On base business basis, it still expects gross profit margin expansion and mid to high-single-digit earnings-per-share growth rate.

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(RADIOCOR) 26-04-24 13:54:23 (0365) 5 NNNN