Kimberly-Clark Announces 1st-Quarter Results

Kimberly-Clark Corp., parent company of Kimberly-Clark Professional, reported first-quarter revenue of US$5.1 billion, a dip of 1% from a year ago and a 6% increase in organic sales.

Kimberly-Clark also reported a quarterly net income of $658 million, or $1.92 per share, compared to $575 million, or $1.68 per share, for the same period last year. Net sales in the company’s Kimberly-Clark Professional segment declined 3% from the previous year to $823 million, while the personal care division increased sales slightly to $2.7 billion.

“We delivered an encouraging set of first quarter results as we embark on this next chapter of growth for Kimberly-Clark,” said Mike Hsu, Kimberly-Clark chairman and CEO. “I’m very thankful for the strong execution from our teams around the world who are making this happen. Our powerhouse pipeline of innovation drove sequentially stronger gains from volume-plus-mix. We’re excited about our opportunities to capitalize on this momentum on a global level, enabling us to deliver long-term value for our stakeholders.”

About Kimberly-Clark Professional
Kimberly-Clark Professional offers an array of hand hygiene and contamination-control products. Located in Roswell, Georgia, Kimberly-Clark Professional is one of Kimberly-Clark Corp.’s four business sectors. For more information, visit kcprofessional.com.