SHARE

Colgate-Palmolive predicts slowing growth for 2024

The toothpaste maker has forecast that 2024 sales will come in below estimates, citing higher prices of its products that continue to weigh on volumes. Annual sales growth should reach between 1% and 4%, compared with 8.5% growth in 2023.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.