Kimberly-Clark: raises FY 2019 targets
(CercleFinance.com) - Kimberly-Clark now expects FY 2019 adjusted EPS of between 6.
75 dollars and 6.90 dollars, with organic sales growth of 3% to 4%, against previous targets of 6.65-6.80 dollars and 3% respectively.
Over the past quarter, the manufacturer of hygiene products, whose brands include Huggies and Kleenex, published adjusted EPS that is up 8% at 1.84 dollars, four cents above the consensus.
Its revenues edged up 1% to 4.6 billion dollars as reported, and increased by 4% in organic terms, thanks to sales price increases that more than offset a slight fall in volumes.
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