Q4 2019 Kimberly-Clark de Mexico SAB de CV Earnings Call Transcript
Ladies and gentlemen, thank you for your patience in holding. We now have our speakers in conference. (Operator Instructions) It is now my pleasure to turn this conference over to Pablo González. You may begin.
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Thank you. Good morning, everyone. Thanks for participating on the call, and we wish you all a terrific 2020. Let me start by making some remarks about the quarter results. Our fourth quarter results reflect top line growth, together with continued margin improvements, both sequentially and year-on-year.
Our volumes and cost savings initiatives, in addition to an improved cost environment, allowed us to continue to deliver better results. Our top line increased for the 21st consecutive quarter. It accelerated sequentially, but as expected, growth slowed versus last year given the deceleration of private consumption, the fact that we lapped our fourth quarter 2018 price increase, that
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