NEW YORK – Hill’s Pet Nutrition global net sales were $ 794 million for Colgate-Palmolive’s fiscal year 2021, an increase of 18% year over year. The company announced its results for the three months ended June 30 on July 30.

Organic sales rose 15% and prices rose 4.5% over the quarter compared to last year’s figures. Operating profit was $ 212 million, 11% more than last year’s second quarter.

Six-month sales of the science-based pet food segment were $ 1.58 billion, up 13.6% from the first six months of fiscal 2020.

Hill’s Pet Nutrition currently accounts for 19% of Colgate-Palmolive’s total sales, making it the company’s third most profitable business after North America and Latin America, each accounting for 21% of total sales.

“In particular, we are seeing good results with our Hill’s Master Brand campaign to end pet obesity and our new campaign for Hill’s Pet Essentials, our veterinary-marketed wellness product in Europe,” said John Faucher, chief investor relations officer at Colgate-Palmolive .

The United States, Latin America, and Europe were the three driving regions behind Hill’s organic sales growth.

“Hill had another fantastic quarter,” said Noel Wallace, chairman, president and chief executive officer of Colgate-Palmolive. “… We pull out all cylinders in this business. The growth is worldwide. We had all of our regions except Japan. Market share has usually increased across the board and we are mainly gaining market share in the US, which is our largest market, as you know.

“We’ve seen good share growth in most retail environments, in both the Base, Science Diet and Prescription Diet businesses – that’s behind the continued focus on the strategy of core renovation, premium innovation and new channels , in this case, continues to grow both online and in agriculture and feed, ”Wallace continued. “So all along the line, very strong growth and of course we continue to invest in growth in this business, and that is still the strategy for the second half of this year.”

The company cited higher raw material and packaging material costs and increased advertising spending for a decrease in operating profit as a percentage of net sales in the second quarter. These effects were partially offset by higher prices and strategic cost savings, Colgate-Palmolive reported.

“Despite significant headwinds in raw material and logistics costs, we achieved another quarter of higher operating income, net income and earnings per share based on the underlying business,” said Wallace. “We anticipate that the difficult cost environment will continue into the second half of the year and will continue to focus heavily on our financing of growth and revenue growth management initiatives.”

Total Colgate-Palmolive net sales were $ 4.26 billion for the second quarter, up 9.5% from last year’s sales.

A Kansas federal judge recently approved an initial $ 12.5 million comparison with Hill’s Pet Nutrition and a class action lawsuit representing 71 people. The settlement would settle a lengthy class action lawsuit seeking damages related to the company widespread dog food recall in January 2019.

Read more about Corporate strategy, financial performance, mergers and acquisitions on our business page.