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Kimberly-Clark: misses consensus in Q4

(CercleFinance.com) - Kimberly-Clark has published Q4 adjusted EPS that is up 2% at 1.
60 dollar, five cent short of the consensus, on sales that are down 1% at 4.6 billion dollars, although up 3% in organic terms.

Over FY 2018, the hygiene product maker posted adjusted EPS that is up 6% at 6.61 dollars, compared to a target range of 6.60 dollars and 6.80 dollars. For FY 2019, it expects between 6.50 dollars and 6.70 dollars.

In addition, the group has reported a 3% increase in its quarterly dividend for 2019, its 47th consecutive annual increase, as well as a strategic plan through to 2022 that aims to report balanced and sustainable growth over the next few years.


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