Kimberly-Clark de México (KIMBERA) Q2 2026 earnings summary

Executive summary

• Achieved record revenue of MXN 14.4 billion in Q2 2026, driven by strong Consumer Products performance and robust innovation strategies.

• Double-digit increases in gross profit, operating profit, and EBITDA, with EBITDA margin at the top end of the range.

• Net income increased 9% to MXN 2 billion, and EPS rose 10% to MXN 0.68.

• Continued progress on KCM Plus innovation and transformation strategy, with strong commercial and operational execution.

• Consumer Products segment drove growth with a 5% increase, while Away from Home and Export sales declined.

Financial highlights

• Sales reached MXN 14.4 billion, up 2.7% year-over-year, with total volume up 3.1%.

• Gross profit increased 12% year-over-year to MXN 6.0 billion; gross margin was 41.6%, up 340 bps.

• Operating profit rose 12.2% year-over-year to MXN 3.4 billion; operating margin at 23.7%.

• EBITDA was MXN 3.9 billion, up 10% year-over-year; EBITDA margin at 27.1%, above the long-term range.

• Achieved MXN 450 million in cost savings through structural initiatives in sourcing, product redesign, and logistics.

Outlook and guidance

• Margin expansion expected to continue, supported by productivity initiatives and disciplined capital allocation.

• Expect Consumer Products to continue leading growth; Away from Home to recover in H2 2026.

• Raw material costs expected to normalize by year-end, though derivatives will remain high in Q3.

• EBITDA margins expected to remain within target range, with Q4 likely stronger than Q3.