Kimberly-Clark de México, S. A. B. de C. V. Announces Earnings Results for the Second Quarter of 2018; Provides Capex Guidance for the Year 2018
July 20, 2018 at 09:30 am EDT
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Kimberly-Clark de México, S. A. B. de C. V. announced earnings results for the second quarter of 2018. For the second quarter sales were MXN 10.6 billion. This represents a quarterly record and translates into a 10% increase versus the same quarter of 2017. Volume growth represented 3%, while price and mix added 7% points to the top line. Operating profit increased by 13.3% and the operating margin was 19.2%. During the quarter, the company generated MXN 2.4 billion of EBITDA, a 10% increase, and EBITDA margin was 23%. Net income for the quarter was MXN 1.1 billion, a 9% increase and earnings per share were MXN 0.35.
CapEx for the year 2018 will be approximately MXN 100 million.
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. 
