Sergio Matsumoto's questions to Colgate-Palmolive Co (CL) leadership • Q4 2024
Question
Sergio Matsumoto inquired about the impact of macroeconomic headwinds on category demand in Latin America and how political and economic volatility affects operations and strategy in the region.
Answer
CEO Noel Wallace emphasized the company's long history and experience in managing volatility in Latin America, citing their upcoming 100-year anniversary in Mexico. He stated that performance remains very strong, with excellent market share results in key markets like Mexico and Brazil. The strategy is to continue executing on business fundamentals and maintaining flexibility throughout the P&L to navigate disruptions.