Kimberly-Clark: beats expectations in Q3
(CercleFinance.com) - Kimberly-Clark has published Q3 adjusted EPS that is up 7% at 1.
71 dollar, therefore beating the consensus by eight cents, for revenues that are down 2% at 4.6 billion dollars, although up 1% in organic terms.
In addition to this organic growth, which has been boosted by the group's initiatives to improve sales prices and its product mix, the hygiene product maker explains that it has benefited from cost savings generated by its FORCE program.
Boosted by these performances, Kimberly-Clark has confirmed that it expects FY 2018 adjusted EPS of between 6.60 dollars and 6.80 dollars, up by 6% to 9%, as well as organic sales growth of about 1%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
71 dollar, therefore beating the consensus by eight cents, for revenues that are down 2% at 4.6 billion dollars, although up 1% in organic terms.
In addition to this organic growth, which has been boosted by the group's initiatives to improve sales prices and its product mix, the hygiene product maker explains that it has benefited from cost savings generated by its FORCE program.
Boosted by these performances, Kimberly-Clark has confirmed that it expects FY 2018 adjusted EPS of between 6.60 dollars and 6.80 dollars, up by 6% to 9%, as well as organic sales growth of about 1%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.