The American owners of the Kimberly-Clark Australia Millicent Mill have reported an upbeat start in the first quarter of 2024.
Kimberly-Clark Corporation chairman Mike Hsu welcomed the overall results from January 1 to March 31.
He said they were characterised by positive volume and mix gains driven by pioneering, innovative new products, leveraging continued productivity momentum for strong earnings growth versus the prior year period.
“We delivered an encouraging set of first quarter results as we embark on this next chapter of growth for Kimberly-Clark,” Mr Hsu said.
“I’m very thankful for the strong execution from our teams around the world who are making this happen.
“Our powerhouse pipeline of innovation drove sequentially stronger gains from volume-plus-mix.
We continued our strong productivity momentum through our efforts to optimise our margin structure, and we are making good progress focusing our enterprise as we advance the implementation of our new operating model.
“We’re excited about our opportunities to capitalise on this momentum on a global level, enabling us to deliver long-term value for our stakeholders.”