Breaking News

Personal Care Sales Rise 8% To $2.4 Billion at K-C

June 29, 2012

• Kimberly-Clark Corporation’s first quarter sales rose 4% to $5.2 billion.

In the personal care segment, sales increased 8% to $2.4 billion. Operating profit rose 3% to $399 million. The improvement included benefits from sales growth and cost savings, partially offset by input cost inflation and increased marketing, research and general expenses.

Sales in North America increased 1%, while sales in Europe rose 4%. Sales increased about 17% in K-C International. Sales volumes were up 12%, with double-digit growth in each major region (Asia, Latin America, and the Middle East/Eastern Europe/Africa). Volume performance was strong in a number of markets, including Australia, Brazil, China, Israel, Russia, South Africa, South Korea, Venezuela and Vietnam.
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