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

Q4 2022 Kimberly-Clark de Mexico SAB de CV Earnings Call Transcript

Jan 20, 2023 / 02:30PM GMT
Release Date Price: €1.69 (-0.59%)
Operator

Good day, everyone, and welcome to today's Kimberly-Clark de Mexico's 4Q '22 Earnings Conference Call. (Operator Instructions) Please note, this call may be recorded. (Operator Instructions)

It is now my pleasure to turn the conference over to Pablo Gonzalez, CEO.

Pablo Roberto Gonzalez 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 participating on the call. Our very best wishes for all of you and your families in 2023.

I'll start by making some brief comments on our results. We had a good fourth quarter and capped continued sequential improvement throughout the year. We posted strong sales growth driven by pricing but volumes improved sequentially behind consumer-led innovations and effective commercial execution. The record raw materials and commodities inflation continued to be headwind, but the combination of price greater efficiencies and a strong end of the year on our cost reduction efforts allowed us to significantly increase

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