Q4 2021 Kimberly-Clark de Mexico SAB de CV Earnings Call Transcript
Everyone, we now have our speakers in conference. (Operator Instructions). I would now like to turn the conference over to Pablo Gonzalez, CEO. Please go ahead.
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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, and we wish you all the best for 2022. Let me make some brief introductory comments, and then I'll pass it on to Xavier to discuss fourth quarter results and full year results.
After a very good 2020, in which we posted records in both top line and bottom line, as well as very strong margins, we were at the high end of our target range. 2021 proved challenging, particularly the second half of the year. Slow growth of domestic consumption, COVID impacts and sales comparisons of related products, the continued disruptions caused by the pandemic and especially the rapid and unprecedented commodity and raw material cost increases, all
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