Financial

K-C Announces Results

Kimberly-Clark reported $5.1 billion in net sales for fourth quarter of 2010, an increase of 2%.

Organic sales rose 3%, driven by higher net selling prices of 2% and improved product mix of 1%, while overall sales volumes were even with year-ago levels.

In the personal care segment, sales increased 2%. Sales volumes were up 2% and net selling prices rose 1%, while changes in currency rates reduced sales by 1%.

Personal care sales in North America increased 3% versus the 2009 period. Sales volumes were up 2% and net selling prices increased 1%. Feminine care volumes grew at a double-digit rate for the fourth consecutive quarter as a result of the U by Kotex line extension. Adult care volumes also increased double-digits, with benefits from innovation on the Poise and Depend brands and supporting marketing campaigns. Baby wipes volumes rose at a double-digit rate, including shipments to support customer promotion activity.

Sales of health care products decreased 1% in the fourth quarter.The acquisition of I-Flow Corporation benefited sales by 5%, while organic sales volumes declined 5% and net selling prices fell 2%. The organic volume comparison was adversely affected by about 5 points due to increased demand in 2009 for facemasks as a result of the H1N1 flu virus. In addition, overall North American supply volumes in 2010 were impacted by a modest slowdown in market demand. Meanwhile, organic sales volumes for medical devices rose at a high-single digit rate.


Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters

Topics