Kimberly-Clark de México Reports Earning Results for the Third Quarter of 2018; Provides CapEx Guidance for Full Year 2018
October 19, 2018 at 09:30 am EDT
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Kimberly-Clark de México, S. A. B. de C. V. reported earnings results for the third quarter of 2018. For the period, the company generated MXN 2.1 billion of EBITDA, a 6% increase; and EBITDA margin was 20.8%. Net income for the quarter was MXN 900 million, a 6% increase, and earnings per share were MXN 0.29.
The company reported that it expects CapEx for product improvements, cost savings and management to be around $80 million this year.
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.
KIMBERLY-CLARK DE MÉXICO, S. A. B. DE C. V. 
