高露洁 Colgate-Palmolive Co.（CL）2024年年度报告「NYSE」（英文版）（136页）.pdf

1、Reimagining A Healthier Future For AllColgate-Palmolive Company2024 Annual ReportColgate-Palmolive Company 2024 Annual Report$20.1B WorldwideNet SalesHills#1BrandRecommendedBy Veterinariansin the U.S.+15%AdvertisingInvestment+26%Cash Returnedto ShareholdersThroughDividends andShareRepurchases#1Marke

2、t Sharein ToothpasteWorldwideColgate#1MostPenetrated BrandWorldwide*+230bpsGrossProfit Margin$4.1BRecordOperatingCash Flow*per Kantar Brand Footprint 2024 report2024 HighlightsNet Sales By Market MaturityNet Sales By Geographic Region55%Developed Markets45%Emerging Markets21%North America24%Latin Am

3、erica14%Europe14%Asia Pacific 5%Africa/Eurasia22%Hills Pet Nutrition55%Developed Markets45%Emerging MarketsOral Care43%of Net Sales*For a reconciliation of organic sales growth to net sales growth,see page 48 of our Annual Report on Form 10-K for the year ended December 31,2024.NoelWallaceDear Colga

4、te-Palmolive ShareholdersColgate-Palmolive people delivered another year of strong top and bottom-line resultsin 2024,surpassing$20 billion in net sales for the first time.We continued to executeon our strategy of delivering sustainable,profitable growth while investing for thefuture and scaling our

5、 improved capabilities across the organization.Net sales grew 3.3%and organic sales*grew 7.4%,with organic sales growth in everydivision and in all four of our categories.We are particularly pleased with the qualityof our results with gross profit,gross profit margin,operating profit and operatingpr

6、ofit margin all increasing versus 2023 driving double-digit growth in net income andearnings per share.We leveraged our strong margin performance to invest behindbuilding our brands,with a 15%increase in advertising spending in 2024 on top of the19%increase in 2023.The strong investment is reflected