Kimberly-Clark de Mexico SAB de CV Class A ( (KCDMF) ) has released its Q4 earnings. Here is a breakdown of the information Kimberly-Clark de Mexico SAB de CV Class A presented to its investors.
Kimberly-Clark de México, S.A.B. de C.V. is a leading Mexican company in the consumer products industry, known for its wide range of branded items like diapers, feminine pads, and tissues under well-recognized names such as Huggies, Kleenex, and Kotex.
The company reported a successful financial year in 2024, achieving record sales and income levels. The full-year net sales reached Ps. $54.8 billion, a 3% increase, while net income surged by 12% to Ps. $7.8 billion. The earnings per share also saw a 12% rise, reflecting the company’s strong market position and operational efficiency.
Key financial highlights include a fourth-quarter revenue of Ps. $13.8 billion, marking a 3% increase despite challenges such as higher costs of materials and currency depreciation. The restructuring charge of Ps. $130 million impacted quarterly EBITDA, which decreased by 6% to Ps. $3.5 billion. However, the company’s cost reduction program provided significant savings, contributing positively to the financial results. For the entire year, EBITDA was an all-time high at Ps. $14.9 billion, highlighting effective management strategies.
Concluding the year, Kimberly-Clark de México maintained a robust financial standing with a strong balance sheet, holding Ps. $15.6 billion in cash and equivalents. The company’s strategic investments, debt reduction, and share repurchases are poised to support continuous growth. Looking ahead, the management remains optimistic about sustaining its market leadership and financial performance.
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