Kimberly-Clark: further increase in annual forecasts

(CercleFinance.com) - Reflecting a solid first half, Kimberly-Clark has announced that it now expects mid- to high-single-digit organic growth in adjusted EPS and adjusted operating profit at constant exchange rates for 2024.


The supplier of personal hygiene products, which owns brands such as Kleenex, Cottonelle, Scott and Huggies, also confirms that it expects mid-single-digit organic growth in annual sales.

For the second quarter of 2024, the group posted adjusted EPS growth of 19% to $1.96, with gross margin improving by 2.9 points to 36.9% on revenues of five billion dollars, with organic growth of 4%.

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