Kimberly-Clark: exceed expectations in Q1
(CercleFinance.com) - Kimberly-Clark has reported adjusted Q1 2018 EPS that it up 9% at 1.
71 dollar, two cents above the consensus, for revenue that is up 5.0% at 4.7 billion dollars (+2% in organic terms).
"While our margins were impacted by significant commodity inflation, we're taking actions to increase net realized revenue and reduce costs in order to improve performance," said chairman and CEO Thomas J Falk.
For FY 2018, the hygiene product manufacturer still expects adjusted EPS that is up by 11% to 16% at between 6.90 dollars and 7.20 dollars, as well as organic sales growth of about 1%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
71 dollar, two cents above the consensus, for revenue that is up 5.0% at 4.7 billion dollars (+2% in organic terms).
"While our margins were impacted by significant commodity inflation, we're taking actions to increase net realized revenue and reduce costs in order to improve performance," said chairman and CEO Thomas J Falk.
For FY 2018, the hygiene product manufacturer still expects adjusted EPS that is up by 11% to 16% at between 6.90 dollars and 7.20 dollars, as well as organic sales growth of about 1%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.