Kimberly - Clark De Mexico S.A.B. De C.V. Reports Earnings Results for the First Quarter of March, 2015
April 22, 2015
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Kimberly - Clark de Mexico S.A.B. de C.V. reported earnings results for the first quarter of March, 2015. For the quarter, the company reported operating profit of MXN 1,662 million, net income of MXN 1,000 million or MXN 0.32 per share on net sales of MXN 7,764 million against operating profit of MXN 1,569 million, net income of MXN 974 million or MXN 0.31 per share on net sales of MXN 7,262 million for the same period a year ago. EBITDA was MXN 2,084 million against MXN 1,975 million for the same period a year ago.
Net cash flow from operating activities was MXN 1,302 million against MXN 744 million for the same period a year ago. Capital expenditures was MXN 184 million against MXN 377 million for the same period a year ago.
Kimberly-Clark de Mexico SAB de CV is a Mexico-based company is engaged in the manufacture of personal care products. Its activities are divided into three segments: Consumer products, Professional and healthcare, as well as Export. The Consumer products division focuses on the manufacture and distribution of disposable products for daily use, such as diapers, feminine pads, incontinence care products, kitchen towels, napkins and wet wipes; baby and child care products, such as baby wipes, shampoos, lotions and feeding products, and home products, such as antibacterial gels, food wraps and bar soaps. Its brand names portfolio includes Huggies, KleenBebe, Kleenex, Kimlark, Petalo, Cottonelle, Depend, Kotex and Evenflo, among others. The Professional and healthcare division offers personal care products to commercial customers, including managers of hotels, restaurants, offices and hospitals. The Export division is responsible for the international trade, mainly in the United States.