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growth in northern Europe. Salesperformance, while negative, wascompetitive. The UK delivered the 25thsuccessive quarter of growth.
Original Source: Unilever PLC, 2014. Found onMarketwired, 21 Jan 2014, (Website:http://marketwired.com)
Colgate announces 4Q and full year2013 results
Colgate-Palmolive Co reportedworldwide net sales of $4361 M in 4Q2013, an increase of 2.0% versus 4Q2012. Global unit volume grew 6.5%,pricing was even with 4Q 2012 andforeign exchange was negative 4.5%.Organic sales grew 6.5%. Net incomein 4Q 2013 was $564 M, whichincluded $133 M of after-tax chargesresulting from the implementation ofthe previously disclosed four-yearGlobal Growth and Efficiency Program(the ‘2012 Restructuring Program’), acharge associated with an existingEuropean competition law matter andcosts associated with the sale of landin Mexico. Operating profit decreased5% to $892 M in 4Q 2013 compared to$942 M a year earlier. For full year(FY) 2013, worldwide net sales were$17.42 bn, up 2.0% versus FY 2012.Global unit volume grew 5.0%, withpricing +1.0% and foreign exchange -4.0%. Organic sales grew 6.0%. Netincome for 2013 was $2241 Mcompared to $2472 M in 2012. FY2013 results include $424 M of after-tax charges.
In North America, Colgate-Palmolive reported a 2.5% year-on-year increase in net sales in 4Q 2013.Unit volume increased 4.0% with 1.0%lower pricing and 0.5% negativeforeign exchange. Organic salesincreased 3.0% during the quarter.Operating profit in North Americaincreased 5% in 4Q 2013 to $241 M.In the USA, new product launchescontributing to volume growth includedColgate mouthwashes, Palmolive SoftTouch and Palmolive Lotus Blossom &Lavender dish liquids and Suavitelfabric conditioner. The companyreported a 1.0% increase in LatinAmerican net sales in 4Q 2013. Unitvolume increased 10% with 2.5%higher pricing and -11.5% foreignexchange. Volume gains were led byVenezuela, Brazil, Mexico andColombia. Organic sales for LatinAmerica increased 12.5% during the
quarter. Operating profit in LatinAmerica increased 3% in 4Q 2013 to$363 M. Colgate’s strong leadership inoral care throughout Latin Americacontinued during the quarter withtoothpaste market share gains.
Colgate-Palmolive reported a 0.5%decrease in net sales in Europe/SouthPacific in 4Q 2013. Unit volumeincreased 2.5% with 4.5% lowerpricing and 1.5% positive foreignexchange. Excluding divestedbusinesses, unit volume increased3.0%. Volume gains in the UK,Australia and Poland more than offsetvolume declines in France andGermany. Organic sales forEurope/South Pacific decreased 1.5%.Regional operating profit increased 7%in 4Q 2013 to $200 M. In Asia, thecompany reported an increase of 4.5%in net sales during 4Q 2013. Unitvolume increased 10.5% with pricing -1.5% and foreign exchange -4.5%.Volume gains were led by the GreaterChina region, India and thePhilippines. Organic sales for Asiaincreased 9.0%. Asian operating profitincreased 14% in 4Q 2013 to $165 M.Colgate-Palmolive posted a 0.5%increase in net sales in Africa/Eurasiaduring 4Q 2013. Unit volumeincreased 6.0% with 1.0% higherpricing and 6.5% negative foreignexchange. Volume gains were led byRussia, the Sub-Saharan Africaregion, Turkey and the CentralAsia/Caucasus region. Organic salesfor Africa/Eurasia increased 7.0%.Regional operating profit increased 9%in 4Q 2013 to $76 M.
Original Source: Colgate, website:http://www.colgate.co.uk/ (30 Jan 2014) © ColgatePalmolive 2014
Novozymes Household Care businessgrows 9% in 2013
Novozymes’ sales to the householdcare industry grew by 9% in 2013 andnow represent 36% of the company’sturnover. The Household Carebusiness has generally performed verywell in recent years, and from 2008 to2013 the business has grown around10%/y. Today Novozymes has >60%of the global market share for laundrydetergent enzymes and approximately300 customers worldwide. Novozymescame up with the first enzymaticlaundry soap bar for the LatinAmerican market in mid-2013, helping
consumers save on soap, water andtime. In Japan, the company helped akey customer deliver an alternative: asuper-compact powder detergent thatalso uses fewer surfactants.
Original Source: Novozymes, website:http://www.novozymes.com) (21 Jan 2014) © Novozymes 2014
COMPANYNEWS
Henkel sees few opportunities foracquisition soon
Henkel’s boss is damping expectationsof a rapid acquisition. Kaspar Rorstedsays that at the moment there is littleon the market. With interest rates low,almost no-one wants to swap acompany for cash. There will be moreopportunities in the next three years.Rorsted did not want to commit himselfto a business field. In adhesives thecompany is two-and-a-half times largerthan the number two. But the businessin detergents and cleaners is just asattractive. It does not fluctuate asmuch as the industrial economy.Henkel has, however, recentlycompleted the acquisition of a beautycare plant near Moscow in Russiafrom Wellchem Holding GmbH ofAustria. With this transaction HenkelBeauty Care intends to supportbusiness growth in Eastern Europe,which is one of the biggest and mostimportant markets for Henkel.Wellchem is reported to have sales inthe range Roubles 860 M to Roubles 2bn (€19-44 M).
Original Source: Chemie Aktuell, 2 Jan 2014, (Website:http://www.maerkte-weltweit.de) (in German) © MBMMartin Brueckner Medien GmbH 2014. Original Source:Henkel AG & Co KgaA, website: http://www.henkel.com(13 Dec 2013) © Henkel AG & Co KGaA 2013
Aqdot raised $1.6 M
Aqdot has collected $1.6 M to fund itsdevelopment of encapsulationtechnology for applications includingpersonal care products, detergentsand pesticides. The UK company saidthat it is discussing partnerships withseveral interested companies. Aqdot isa spin-off company from the Universityof Cambridge.
Original Source: Chemical and Engineering News, 16Dec 2013, 91 (50), 13 (Website: http://www.cen-online.org) © American Chemical Society 2013
APRIL 2014 7
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