The American owner of the KCA Millicent is satisfied with the company’s world-wide financial performance in the past 12 months and confident about sales volumes and profitability in 2023.

Kimberly-Clark Corporation chief executive Mike Hsu said his company delivered 7% organic growth in 2022 and an average of 4% organic growth on a three-year basis.

“Our growth strategy is working with the support of excellent execution by our teams around the world and investments in our strong brands and commercial capabilities,” Mr Hsu said in his comments about the past year.

“I’m especially proud of how our teams navigated in what continues to be a dynamic operating environment.

“We mitigated inflationary pressures with successful revenue growth management initiatives and maintained cost discipline while continuing to invest in our business.

“In 2022, we also marked Kimberly-Clark’s 150th anniversary – a significant milestone for the company.

“We’re proud of our heritage of category defining innovation rooted in providing care for our consumers.

“As we look to the future, we will continue to drive our strategy to deliver profitable growth for long-term value creation as we fulfill our purpose of Better Care for a Better World.”

Mr Hsu made no reference to the Millicent Mill in his comments.