The company said net sales and organic sales both increased 7.0% in Q4. For the full year, net sales and organic sales both rose 8.5%. Full-year net sales came to $19,457 million, $17,967 million in 2022.

1. 01

   The company said net sales and organic sales both increased 7.0% in Q4. For the full year, net sales and organic sales both rose 8.5%. Full-year net sales came to $19,457 million, $17,967 million in 2022.

2. 02

   Colgate-Palmolive said full-year GAAP diluted EPS rose 30% in 2022, from $2.13 to $2.77, and Base Business EPS (non-GAAP) rose 9%, from $2.97 to $3.23. The company cited the lapping of goodwill and intangible assets impairment charges in Q4 2022 as the reason GAAP EPS increased.

3. 03

   The company reported that GAAP gross profit margin for Q4 rose from 55.6% to 59.6% in Q4 2022, and operating profit grew from $202 million to $1,072 million. Q4 2022 included $721 million in goodwill and intangible asset impairment charges.

4. 04

   The company said net cash provided by operations for the full year 2023 was $3,745 million, up from $2,556 million in 2022, and free cash flow before dividends was $3,040 million, compared with $1,860 million in 2022. Free cash flow before dividends is net cash provided by operations less capital expenditures of $705 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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