Kimberly-Clark de México, S. A. B. De C. V. Announces Earnings Results for the Fourth Quarter and Full Year of 2016
January 20, 2017 at 09:30 am EST
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Kimberly-Clark de México, S. A. B. de C. V. announced earnings results for the fourth quarter and full year of 2016. For the quarter, sales amounted to MXN 9.4 billion, an 11% increase versus the fourth quarter of 2015. Operating profit was in line with the fourth quarter of 2016. The company generated MXN 2.3 billion of EBITDA, a 1% decrease. Net income was MXN 1.2 billion, a 1.5% reduction over last year. Earnings per share were MXN 0.39.
For the full year, sales increased by 11%, operating profit by 12%, EBITDA by 9%, and net income by 11%.
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. 
