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Kimberly-Clark Increases 1st-Quarter Sales 2%

Kimberly-Clark Corp., parent company of Kimberly-Clark Professional, reported first-quarter net sales of US$5.2 billion, an increase of 2% from a year ago.

Kimberly-Clark also reported a quarterly net income of $575 million, up 7% from $535 million for the same period last year. Net sales in the company’s Kimberly-Clark Professional segment jumped 9% from the previous year to $847 million, while the personal care division saw sales dip 1% to $2.7 billion and its consumer tissue segment watched sales increase 4% to $1.6 billion.

“I’m proud of our teams around the world for a strong start to the year. We grew organic sales by 5%, which reflects the health of our categories and the essential nature of our products,,” said Mike Hsu, Kimberly-Clark CEO. “Our growth strategy continues to deliver behind strong execution of our commercial programs. Revenue growth management initiatives drove continued sales momentum with a better-than-expected elasticity impact on volume. Looking ahead, we have an exciting innovation pipeline that will deliver superior performance in health, wellness, and sustainability. With our strong portfolio of trusted brands, we have our sights set on growing our categories and winning with consumers to enable long-term, profitable growth.

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 www.kcprofessional.com.