高露洁 Colgate-Palmolive Co.（CL） 2000年财务报告「NYSE」.pdf

1、1818Dollars in Millions Except Per Share AmountsResults of OperationsWorldwide Net Sales by Business Segment and Geographic Region200019991998Oral,Personal and Household CareNorth America(1)$2,310.0$2,143.7$2,047.5Latin America2,507.52,356.72,407.9Europe1,890.12,028.82,067.7Asia/Africa1,532.01,519.7

2、1,452.6Total Oral,Personal and Household Care8,239.68,048.97,975.7Total Pet Nutrition(2)1,118.31,069.3995.9Total Net Sales$9,357.9$9,118.2$8,971.6(1)Net sales in the United States for Oral,Personal and Household Care were$2,025.7,$1,880.8 and$1,799.6 in 2000,1999 and 1998,respectively.(2)Net sales i

3、n the United States for Pet Nutrition were$736.0,$709.2 and$688.6 in2000,1999 and 1998,respectively.Net Sales and Earnings Before Interest and Taxes(EBIT)Worldwide net sales increased 3%to$9,357.9 in 2000 on volumegrowth of 6%.Net sales would have grown 7%excluding foreigncurrency translation.Net sa

4、les in the Oral,Personal and House-hold Care segment increased 2%on 6%volume growth,whilenet sales and volume in Pet Nutrition increased by 5%.In 1999,worldwide net sales increased 2%to$9,118.2 on volume growth of5%,reflecting the negative impact of foreign currency translation.EBIT rose from$1,566.

5、2 in 1999 to$1,740.5 in 2000.The 11%increase reflected the Companys strong volume growth and cost-control initiatives that were effective in increasing margins.EBITincreased 10%in 1999 to$1,566.2 from$1,423.0 in 1998.Gross ProfitGross profit margin increasedto 54.4%,above both the1999 level of 53.7%

6、and the1998 level of 52.2%.Thisfavorable trend continues toreflect the Companys financialstrategy to improve all aspectsof its supply chain throughglobal sourcing,restructuringand other cost-reduction initia-tives,as well as its emphasison higher margin products.Selling,General andAdministrative Exp