Kimberly-Clark de México, S. A. B. de C. V. Reports Earnings Results for the Fourth Quarter and Full Year 2018
January 18, 2019 at 09:30 am EST
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Kimberly-Clark de México, S. A. B. de C. V. reported earnings results for the fourth quarter and full year 2018. For the quarter, the company sales amounted to MXN 10.3 billion, a 10% increase versus the fourth quarter of 2017. Operating profit was down 2% versus the fourth quarter of 2017. Earnings per share were MXN 0.33. Net income for the quarter was MXN 1 billion, a 5% reduction over last year.
For the year, sales increased 8.6% and represented a record. Operating profit, EBITDA and net income increased 7.5%, 5.7% and 4.7%, 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.
KIMBERLY-CLARK DE MÉXICO, S. A. B. DE C. V. 
