Kimberly-Clark Mexico Reports Earnings Results for the Full Year of 2012; Provides Sales Guidance for 2013; Plans to Invest Around $200 Million
January 20, 2013
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Kimberly-Clark Mexico provided sales guidance for 2013. The company is targeting a sales growth of between 6% and 7% during 2013, on the previous year.
In order to attain this target, the company is planning to carry out investments of around $200 million. These investments will be mainly directed at the launch of new products and improvements on existing items.
The company reported earnings results for the full year of 2012. The company reported overall revenues of MXN 29.28 billion in 2012, which is 10% more than in the previous year, whereas net profit and EBITDA grew by 16% and 14%, respectively.
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.