Kimberly-Clark de México (KCDMF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome everyone joining today's Kimberly Clark the Mexico first quarter 2026 earnings conference call at this time all participants are in a listen-only mode later you will have the opportunity to ask questions during the question and answer session to register to ask a question at any time please press star 1 on your telephone keypad please note this call is being recorded we are standing by if you should need any assistance or It is now my pleasure to turn the meeting over to CEO, Pablo Gonzalez. Please go ahead. Thanks so much. Good morning, everyone. Hope you're all doing well, and thanks for participating on our call. We had another strong quarter and a good start to the year with record revenue behind a strong performance in our consumer products businesses, double-digit increases in gross profit, operating profit, EBITDA, and net income. an EBITDA margin at the top end of our range. Our strategies and actions are having the intended impact. Spearheaded by strong commercial and operating execution, we continue to make progress on our KCM Plus innovation, growth, and transformation strategy. More on that after Javier takes you through our first quarter results. Javier. Thank you. Good morning, everyone. During the quarter, our sales were 14.3 billion pesos, a 3.6% increase versus the first quarter of 2025, and an all-time high. Total volume was up 3.7%, driven by consumer products, while price mix was flat. Net sales were boosted by consumer products, which grew 5.4%, with a 3.7% volume increase and 1.7% price and mixed growth, while away from home decreased 1.3%. Exports were down 6.8% due to lower hard roll sales, while converted products grew 15.8%. Sequentially, consumer products grew 1.4%, mainly volume driven, while away from home and exports grew 10....