CHD Business Model2003 - 2005

• Primary Objectives:

  • 12.5 – 15.0% Average annual per share earnings growth

• Sources:

  • Organic Sales Growth
  • Gross Margin
  • SG&A Below Sales Growth
  • Acquisition
  • Potential ARMKEL Buyout
  • Debt Reduction
  • Financial & Tax Planning
  • F/X Gains

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