Kimberly-Clark: long-term targets set

(CercleFinance.com) - At an investor day, Kimberly-Clark announced long-term financial targets, including constant currency growth in the mid to high single-digit range for both adjusted EPS and adjusted operating profit.


The personal care products group is also targeting above-market organic sales growth, as well as annual free cash flow (FCF) generation of at least two billion dollars.

Kimberly-Clark adds that it expects to incur around $1.5bn in non-recurring restructuring and reorganization costs, half in non-cash expenses and half in cash expenses, over the next three years.


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