Kimberly-Clark de México invests 756 mp
Kimberly-Clark de México (KCM) invested 756 million pesos in the last 12 months ended in March 2020.
In the same period, the company paid 4,779 million pesos to its shareholders.
KCM is a leading company in Mexico in the production and marketing of consumer and institutional products. Over time, it has developed several brands in Mexico such as Kleenex, Pétalo, Suavel, Lys, Vogue, KleenBebé, Huggies, Kotex and Depend, among others.
The company operates 11 production plants, all located in Mexico.
Resultados financieros
As of March 31, 2020, the cash position of Kimberly-Clark de México totaled 9,700 million pesos.
Meanwhile, its net debt as of March 2020 was 12.2 billion compared to 15.3 billion as of December 31, 2019. Long-term debt represented 73% of the total amount and all the debt was denominated in pesos. The ratio of net debt to EBITDA was 1.1.
Kimberly-Clark de México, sales and profits
In dollars, under the accounting principles used in the United States, (US GAAP), net sales increased 7% in the quarter, operating income 29% and net profit 29 percent.
In February, the Shareholders’ Meeting approved a dividend of 1.60 per share, a growth of 3% compared to last year and in line with its commitment to distribute cash to its shareholders while maintaining a solid capital structure.
Kimberly-Clark de México manufactures and markets personal consumption products such as diapers, feminine towels, toilet paper, napkins, handkerchiefs, paper towels, wet wipes and soaps.
The company is the market leader in almost all of our categories with brands such as Huggies, Kleen-Baby, Kleenex, Kimlark, Petal, Cottonelle, Depend, Kotex, Evenflo and Escudo.
