Colgate’s business has demonstrated strong growth over the 8 quarters, with sales growing in excess of 15%. It has gained share in rural areas through its “Cibaca” brand. Colgate has recently increased its focus on other personal care products (hand wash, shower gels), which though currently coming off a small base, set the tone for the next growth opportunity.
With major capital expenditure behind it, and incremental tax and excise savings from its new plants, cash generation is likely to accelerate. (more…)
