Q1 2020 Kimberly-Clark de Mexico SAB de CV Earnings Call Transcript
Excuse me, everyone. We now have all of our speakers in conference. (Operator Instructions) I would now like to turn the conference over to Pablo González. You may begin.
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Good morning, everyone. Thanks for your participation on the call and we hope you and your families are all safe and healthy.
Let me start by making a few brief comments about the quarter. Our results reflect strong growth and improved profitability, both sequentially as well as year-on-year. Notwithstanding a difficult top line comparison, given last year's aggressive pricing by some market participants, our sales grew for the 22nd quarter in a row, mostly through volume, reflecting the strength of our brands. The volume growth, together with an improved cost environment and our increased productivity and cost savings initiatives, allowed us to continue to deliver good bottom line results. A positive quarter, but we faced a
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