Kimberly - Clark de Mexico SAB de CV (FRA:4FX)
€ 1.31 0.01 (0.77%) Market Cap: 4.14 Bil Enterprise Value: 4.57 Bil PE Ratio: 11.14 PB Ratio: 13.54 GF Score: 82/100

Q2 2019 Kimberly-Clark de Mexico SAB de CV Earnings Call Transcript

Jul 19, 2019 / 01:30PM GMT
Release Date Price: €1.7 (-1.73%)
Operator

Excuse me, everyone, we now have our presenters in conference (Operator Instructions) I would like to now turn the conference over to Mr. Pablo González. Please go ahead.

Pablo Roberto GonzÃ;lez Guajardo;xico
Kimberly-Clark de MÃ;S. A. B. de C. V. - CEO, General Director & Director

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Good morning, everyone. Thanks for your participation on the call. Let me start by making a few comments.

Our second quarter results compare positively both sequentially and year-on-year as we continue to grow our top line and our margins start improving. Our pricing and cost savings initiatives are helping us deliver better results. On the revenue side, private consumption in Mexico is decelerating, and we're experiencing sluggish growth in our categories. In addition, efforts to reduce and control inventories by our clients as well as our pricing increases have placed our volumes under incremental pressure.

However, such efforts have resulted in a positive price and mix comparison that allowed us to grow for the

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