Kimberly-Clark: increases annual forecasts again

(CercleFinance.com) - After solid H1, 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.

The group posted Q2 2024 adjusted EPS of $1.96, up 19%, with its gross margin improving 2.9 points to 36.9% on revenues of $5bn, i.e. organic growth of 4%.


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