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Kimberly-Clark de México
4/21/2023
Good day, everyone, and welcome to the Kimberly's first quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. You may register to ask questions at any time by pressing the star and 1 on your touch-tone phone. You may withdraw yourself from the queue by pressing star 2. Please note this call may be recorded and I will be standing by should you need any assistance. It is now my pleasure to turn the conference over to CEO Pablo Gonzalez. Please go ahead.
Thank you, Nikki. Hello, everyone, and thanks for participating on the call. As usual, I'll make some preliminary remarks and pass it on to Javier to provide details of the first quarter results. Let me start by saying we had another good quarter. Our sales were a new record for the company. Both consumer products and away from home grew double digits, and volumes were slightly higher than last year and improved sequentially. On the profitability side, our progress towards our target margins continues, and despite some additional cost pressures due to new contracts taking effect at the beginning of the year, we managed to improve sequentially and boast strong growth. All in all, a strong start to the year. Javier. Thank you. Good morning, everyone.
Sorry. Hello again, everyone.
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