高露洁 Colgate-Palmolive Co.（CL） 1998年年度报告「NYSE」.pdf

1、Global Financial ReviewResults of Operations Reports of Management and Independent Public AccountantsConsolidated Statements of IncomeConsolidated Balance SheetsConsolidated Statements of Retained Earnings,Comprehensive Income and Changes in Capital AccountsConsolidated Statements of Cash FlowsNotes

2、 to Consolidated Financial StatementsEleven-Year Financial SummaryFinancial ContentsSpeed Stick Ultimate odor-fighting antiperspirant and Lady SpeedStick gel.Adding new market shares were Palmolive lemondishwashing liquid&antibacterial hand soap.Sales in Latin America increased 2%on 7%volume growth.

3、The largest increases were achieved in Mexico,Brazil,Venezuelaand Central America.Contributing to the strong growth in theregion were Oral and Personal Care sales.Increased Oral Caresales were driven by Colgate great regular flavor and Colgate Dou-ble Cool Stripe toothpastes.Personal Care sales were

4、 increasedby Palmolive Botanicals shampoo,Palmolive soap and ProtexFresh soap.Sales in Europe remained flat in 1998 due to the effects ofweak economic conditions in Russia,while volume grew 1%.TheUnited Kingdom,Italy,Belgium and Greece achieved the strongestsales growth and volume increases in the r

5、egion.Sales in theUnited Kingdom and other countries were helped by strong salesof Palmolive shower gels and Colgate Sensation whitening tooth-paste.The continued success of products such as Ajax Ftes desFleurs,in three different fragrances,and the introduction of twonew dishwashing products also co

6、ntributed to the volume increasein this highly competitive market.Sales in the Asia/Africa region decreased 12%as volumedecreased 1%,reflecting weaker ASEAN currencies.Volumedeclined in the ASEAN countries of Malaysia,the Philippines andThailand,reflecting continued economic difficulties,and in Indi