Kimberly - Clark de Mexico SAB de CV (FRA:4FX)
€ 1.48 0.02 (1.37%) Market Cap: 4.66 Bil Enterprise Value: 5.05 Bil PE Ratio: 12.76 PB Ratio: 18.06 GF Score: 83/100

Q3 2019 Kimberly-Clark de Mexico SAB de CV Earnings Call Transcript

Oct 18, 2019 / 01:30PM GMT
Release Date Price: €1.82 (-0.55%)
Operator

Excuse me, everyone, we now have our speakers in conference. (Operator Instructions)

I would now like to turn the conference over to our CEO, 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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Thank you. Good morning, everyone. Thanks for participating on the call. Let me first start by introducing Salvador Escoto, who joined the team as Treasurer and IR. Some of you have already met him, and I'm sure the rest will have an opportunity to do so soon.

Now let me talk about the results. I'll be very brief. Our third quarter results reflect the top line growth together with continued margin improvements, both sequentially and year-on-year. Our pricing and cost savings initiatives in addition to an improved cost environment allowed us to deliver better results. On the top line, the deceleration of private consumption has impacted our categories, which for the most part are not showing volume growth. However,

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