Q3 2021 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 Gonzalez, CEO. Mr. Gonzalez, you may begin.
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Thank you. Good morning, everyone. Thanks for participating on the call. I hope you and your families are all safe and well.
Let me first make a few brief comments about the quarter, and then Xavier will provide more details. Last quarter proved to be very trying, even more than anticipated. Overall consumption remains subdued and compared poorly to 2020 (inaudible) volumes, and very significant raw material inflation continues. Top line grew 2% with stable volumes, while price increased 3% and mix was down 1%.
Our brands and market shares remained strong, but our categories are either not growing or doing so slowly, given strong comparisons on the state of the Mexican economy, where GDP growth is not
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