Kimberly-Clark de México (KCDMF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome everyone joining today's Kimberly Clark de México second 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. It is now my pleasure to turn the meeting over to CEO Pablo Gonzalez. Thank you so much. Good morning, everyone. Hope you're all doing well and thanks for participating in our call. As usual, provide some brief remarks and then we'll open it up for questions. We had another strong quarter and a good first half of the year with record revenue and we continue to make progress on our KCM Plus innovation, growth and transformation strategy. More on that, Dr. Javier takes you through our second quarter results. Javier. Thank you. Good morning, everyone. During the quarter, our sales were 14.4 billion pesos, a 2.7% increase versus the second quarter of 2025, and an all-time high. Total volume was up 3.1%, driven by consumer products, while price mix was flat. Net sales were led by consumer products, which grew 5.2%, With a 4% volume increase and 1.2% price and mix growth, while away from home decreased 5.1%. Exports were down 11.1%. Cost of goods sold decreased 3%. Our cost reduction program once again had very good results and yielded approximately 450 million pesos of savings during the quarter. These savings are mainly at the cost of goods sold level. They were generated through a combination of global fiber contracting initiatives, changes in sourcing, and the use of alternative fibers, product redesigns, and the introduction o...