Kimberly-Clark Mexico Reports Earnings Results for the Fourth Quarter of 2012
January 16, 2013
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Kimberly-Clark Mexico reported earnings results for the fourth quarter of 2012. The company has posted positive results in the fourth quarter of 2012, with a 26% increase in EBITDA and 33% increase in net profit. Total revenue reached MXN 7.74 billion (EUR 460 million USD 615.12 million) during the quarter, up 9% year-on-year.
Operating profit rose 28% to MXN 1.887 billion and its EBITDA increased 26% to MXN 2.251 billion. Net profit reached MXN 1.219 billion, which was 6% higher than forecast.
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.