Colgate-Palmolive reports record income for Q3

Colgate-Palmolive reported record net income of $590 million for the third quarter of FY2009 (end-September 30), an 18% increase over net income of $500 million for the same quarter a year ago

Worldwide sales were $4 billion, even with the third quarter of FY2008, the company said in a press release.

Colgate’s global toothpaste leadership strengthened to 45.1% during the quarter, with market share gains in key countries around the world including the U.S., Mexico, Brazil, China, India, and Russia, said Ian Cook, president, chairman, and CEO of the company, in the release. Colgate also strengthened its global leadership in manual toothbrushes, with its global market share in that category reaching a record 30.8% year-to-date, he added.