KCDMF - Kimberly-Clark de México S. A. B. de C. V. (KCDMY) Q2 2024 Earnings Call Transcript
2024-07-21 14:05:27 ET
Kimberly-Clark de México, S. A. B. de C. V. (KCDMY)
Q2 2024 Earnings Conference Call
July 19, 2024, 10:30 ET
Company Participants
Pablo Gonzalez - CEO
Xavier Cortés Lascurain - CFO
Conference Call Participants
Bob Ford - Bank of America Merrill Lynch
Ryan Lavin - Barclays
Kevin Zavala - UBS
Antonio Hernandez - Actinver
Juan Guzman - Scotiabank
Jeronimo De Guzman - INCA Investments
Presentation
Operator
Good day, everyone, and welcome to today's Kimberly-Clark De Mexico's 2Q '24 Earnings Conference Call. [Operator Instructions] Please note this call is being recorded. It is now my pleasure to turn the conference over to CEO, Pablo Gonzalez. Please go ahead.
Pablo Gonzalez
Thank you. Hello, everyone. We hope you're having a terrific summer, and thanks for participating on the call. As usual, I'll make some preliminary remarks and then pass it on to Xavier to provide some details on the second quarter results. We had another record quarter in net sales, EBITDA and net income, and we continue to post strong margins.
We sequentially improved our EBITDA margin for the tenth consecutive quarter. Let me first provide some perspective on the top line. Our Consumer Products business remains very strong. Our brand metrics continue to improve and our shares are healthy. We're flat or gaining share in most categories. Sales sequentially higher and also a record grew low single digits versus a strong comparison. Sales grew 2% on top of 12% last year....
Kimberly-Clark de México, S. A. B. de C. V. (KCDMY) Q2 2024 Earnings Call Transcript