Colgate-Palmolive Co (STU:CPA)
€ 86.44 -0.56 (-0.64%) Market Cap: 71.06 Bil Enterprise Value: 78.07 Bil PE Ratio: 29.79 PB Ratio: 336.18 GF Score: 87/100

Colgate-Palmolive Co at Consumer Analyst Group of New York Conference Transcript

Feb 21, 2020 / 01:00PM GMT
Release Date Price: €70.11 (+0.88%)
Unidentified Analyst

Okay. Good morning, and welcome to day 4 of this year's CAGNY conference. Our first presenter today will be the Colgate-Palmolive Company.

Before we begin, let's just take a moment to thank Colgate for sponsoring breakfast yesterday. Presenting for Colgate today for the first time as CEO will be Noel Wallace; joined by Yvonne Hsu, U.S. Marketing Director for Hill's; and John Faucher, Chief Investor Relations Officer.

12 months ago, when presenting as Chief Operating Officer, Noel outlined Colgate's 2019 plan to address business challenges and reestablish organic growth momentum. That plan was focused on driving the core through innovation, accelerating Colgate's expansion into relevant adjacencies and channels and strengthening key brands through increased funding fueled by the company's GGEP and Funding the Growth opportunities. Based on the momentum we all saw exiting the year, I think it's fair to say the plan has begun to yield results.

To give us a better idea of what to expect from here, I'm going to turn things over to Noel. Noel, thanks for being here.

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