• SENSEX
    NIFTY 50
VIDEOS
Business

Colgate-Palmolive Q2FY20 earnings today: Here's what to expect

Updated : October 24, 2019 08:33 AM IST

Fast moving consumer goods (FMCG) major Colgate-Palmolive is expected to announce its Q2FY20 results on Thursday. The stock has seen some rally over the past few months, rising 36 percent since July 1 and in touching distance of its 52-week high.

This will be Colgate's first quarterly results since the appointment of managing director Ram Raghavan and the company's market share will be a key figure to watch.

Revenue is expected to grow at 4.5 percent, while earnings before interest, taxes, depreciation, and amortization (Ebitda) is likely to show a 4.7 percent growth. The net profit growth is expected to come in at 18 percent aided by corporate tax cuts announced by finance minister Nirmala Sitharaman last month.

The toothpaste volume growth is expected to be between 3 and 4 percent and realization growth between 2 and 3 percent. Colgate's toothpaste market share will be a key figure to watch. Its share reached quite close to the 50 percent mark and any recovery from that will be seen as a positive.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV