Colgate-Palmolive posts 5th straight fall in quarterly sales

viernes 30 de octubre de 2015 07:01 GYT

Oct 30 (Reuters) - Colgate-Palmolive Co, the world's largest toothpaste maker, reported its fifth straight decline in quarterly sales, hurt by weak demand in Latin America and a strong dollar.

Net income attributable to the company rose to $726 million, or 80 cents per share, in the third quarter ended Sept. 30, from $542 million, or 59 cents per share, a year earlier.

Sales fell 11 percent in Latin America, a region where Colgate makes most of its sales. Total sales fell 8.7 percent to $4 billion. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Ted Kerr)