Kimberly-Clark de Mexico 1Q 2018 results: sales rise 7.1%, operating profit higher [Link]
MEXICO CITY, Mexico, April 23, 2018-
Net sales were 7.1% higher than the previous year. The pricing initiatives implemented over the last twelve months, together with a positive mix comparison, resulted in a 5.2% contribution. Volume growth of 1.9% was mainly driven by increased exports as domestic consumption is flat.
Consumer product revenues increased 3.3%, Away from Home grew 8.3% and exports increased 97.2%. Export sales reflect the additional tissue capacity from the Morelia tissue machine.
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