Shares of Colgate-Palmolive (CL) have been off to a good start in 2013. The consumer products conglomerate focused on toothpaste, toothbrushes and other personal care products reported a decent set of fourth-quarter results, followed by some shareholder-friendly initiatives, including a dividend hike and a stock split.
Shareholders applauded the moves and sent shares some 9% higher so far in 2013.
Analyst Group Presentation
In its analyst presentation in the final week of February, Colgatestates (pdf) that it is well positioned for the year of 2013. The company remains focused on its core operations, while being pro-active on new growth opportunities, and continues to find new ways to increase efficiency.
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