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Kimberly-Clark de México, S. A. B. de C. V. (KCDMY) Q1 2026 Earnings Call April 22, 2026 10:30 AM EDT
Company Participants
Pablo Roberto González Guajardo - MD, CEO, General Director & Director
Xavier Cortés Lascurain - CFO & Finance Director
Conference Call Participants
Benjamin Theurer - Barclays Bank PLC, Research Division
Robert Ford - BofA Securities, Research Division
Renata Fonseca Cabral Sturani - Citigroup Inc., Research Division
Alejandro Fuchs - Itaú Corretora de Valores S.A., Research Division
Antonio Hernandez - Actinver Casa de Bolsa, S.A. de C.V., Research Division
Presentation
Operator
Hello, and welcome, everyone, joining today's Kimberly-Clark de México First Quarter 2026 Earnings Conference Call. [Operator Instructions]
Please note, this call is being recorded. [Operator Instructions]
It is now my pleasure to turn the meeting over to CEO, Pablo Gonzalez. Please go ahead.
Pablo Roberto González Guajardo
MD, CEO, General Director & Director
Thanks so much, Nicki. Good morning, everyone. I hope you're all doing well, and thanks for participating on our call. We had another strong quarter and a good start to the year with record revenue behind a strong performance in our Consumer Products businesses, double-digit increases in gross profit, operating profit, EBITDA and net income and EBITDA margin at the top end of our range. Our strategies and actions are having the intended impact, spearheaded by strong commercial and operating execution, and we continue to make progress on our KCM+ innovation, growth and transformation strategy. More on that after Xavier takes you through our first quarter results. Xavier?
Xavier Cortés Lascurain
CFO & Finance Director
Thank you. Good morning, everyone. During the quarter, our sales were MXN 14.3 billion, a 3.6% increase versus the first quarter of 2025 and an all-time high. Total volume was up 3.7%, driven by consumer products, while price/mix was flat. Net sales were boosted by consumer products, which grew 5.4% with a 3.7% volume increase and
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