Q1 2023 Kimberly-Clark de Mexico SAB de CV Earnings Call Transcript
Good day, everyone, and welcome to the Kimberly's First Quarter 2023 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 CEO, Pablo Gonzalez. Please go ahead.
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Thank you, Nikki. Hello, everyone, and thanks for participating on the call. As usual, I'll make some preliminary remarks and pass it up to Xavier to provide details on the first quarter results.
Let me start by saying we had another good quarter. Our sales were a new record for the company despite strong headwinds from our export business. Both Consumer products and Away From Home grew double digits, and volumes were slightly higher than last year and improved sequentially.
On the profitability side, our progress towards our target margins continues. And despite some additional cost pressures due to new contracts taking
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