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COLGATE-PALMOLIVE COMPANY

(CL)
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Colgate Palmolive : Toothpaste in PET Ushers in a 'Frictionless Future'

07/12/2021 | 11:19am EDT

The use of a recyclable, clear PET toothpaste bottle is enabled through the use of slippery coating on the inside of the container that allows the viscous product to be dispensed easily and completely.

Anne Marie Mohan

Jun 28th, 2021

Colgate-Palmolive is inviting European consumers to make toothbrushing part of their beauty ritual, with its new Elixir line of three toothpaste formulas in a striking PET package.

Colgate-Palmolive is inviting European consumers to make toothbrushing part of their beauty ritual, with its new Elixir line of three toothpaste formulas in a striking PET package.

Colgate Elixir 1 Web

Colgate-Palmolive is inviting European consumers to make toothbrushing part of their beauty ritual, with its new Elixir line of three toothpaste formulas in a striking PET package that breaks from category norms in every way. Says Colgate-Palmolive Co. Worldwide Director of Oral Care Packaging Liz Mellone, 'Colgate Elixir is toothpaste reimagined-breathtaking design with beauty-inspired ingredients in a unique packaging technology that is recyclable and designed to let people enjoy the toothpaste to the last drop.'

According to Mellone, the three innovative toothpaste formulas-White Restore, Cool Detox, and Gum Booster-were co-developed in tandem with the package, a clear, inverted, 80-mL (2.7-oz) PET bottle with a clear overcap. The sleek and stylish container is a significant departure from, and a more eco-friendly alternative to, traditional toothpaste tubes, which are made from a multilayer construction of plastic and aluminum that renders them non-recyclable.

See more at: https://www.packworld.com/design/materials-containers/article/21521030/colgate-toothpaste-in-pet-uses-liquiglide-coating#new_tab

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 17 493 M - -
Net income 2021 2 767 M - -
Net Debt 2021 6 633 M - -
P/E ratio 2021 23,6x
Yield 2021 2,34%
Capitalization 64 638 M 64 638 M -
EV / Sales 2021 4,07x
EV / Sales 2022 3,92x
Nbr of Employees 34 200
Free-Float 57,7%
Chart COLGATE-PALMOLIVE COMPANY
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Colgate-Palmolive Company Technical Analysis Chart | CL | US1941621039 | MarketScreener
Technical analysis trends COLGATE-PALMOLIVE COMPANY
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TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 76,63 $
Average target price 87,11 $
Spread / Average Target 13,7%
EPS Revisions
Managers and Directors
Noel R. Wallace Chairman, President & Chief Executive Officer
Stanley J. Sutula Chief Financial Officer
Michael Crowe Chief Information Officer
Patricia D. Verduin Chief Technology Officer
Lia Arvanitidou Vice President-Global Research & Development
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