Kimberly - Clark de Mexico SAB de CV (OTCPK:KCDMY)
$ 8.298 -0.062 (-0.74%) Market Cap: 5.10 Bil Enterprise Value: 5.54 Bil PE Ratio: 11.34 PB Ratio: 18.04 GF Score: 88/100

Q3 2023 Kimberly-Clark de Mexico SAB de CV Earnings Call Transcript

Oct 20, 2023 / 02:30PM GMT
Release Date Price: $9.1 (-3.72%)
Operator

Good day, everyone, and welcome to today's Kimberly-Clark de Mexico's Third Quarter 2023 Earnings Conference Call. (Operator Instructions) Please note this call is being recorded and that I will be standing by should you need any assistance. It is now my pleasure to turn today's program over to Pablo Gonzalez, Chief Executive Officer.

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

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Thanks, Chelsea. Hello, everyone. Thanks for participating on the call. As usual, I'll make some preliminary remarks and pass it on to Xavier to provide details on the second quarter results. Let me start by providing some perspective on our sales. Excluding exports tissue parent rolls, our sales grew more than 5%. Consumer Products business grew mid-single digits, driven by healthy volume growth, while price contributed less as we lapped important price increases. Professional posted strong growth, although much lower than in prior quarters as we also lapped price increases. All in all,

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