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Kimberly-Clark Corp. finishes year with 1 percent sales growth

Consumer products giant looks at international markets for opportunities

Jan. 25, 2013
 

DALLAS - Kimberly-Clark Corp. credited strong international business for finishing 2012 with $21.1 billion in sales, a 1 percent improvement from the previous year.

The company in a statement today said international sales will continue to drive growth in 2013. It projects a net sales increase for the coming year as much as 3 percent.

The company said material costs and weak overseas currency rates could impact revenue growth.

Thomas Falk, chairman and CEO in a statement, said the company's international business grew 10 percent the past year.

"The strength of our results this past year gives us added confidence that we will continue to execute our global business plan well going forward,” he said. “In 2013, we will continue to pursue targeted growth initiatives, launch product innovations and support our brands with increased strategic marketing spending.”

The company reported fourth quarter net sales of $5.3 billion, a 3 percent increase from its fourth quarter a year ago. International sales grew 9 percent for the company's fourth quarter when compared to a year ago.

Kimberly-Clark Corp., a maker of consumer products including Kleenex tissue and Huggies diapers, is based in Dallas. It employs about 3,300 people throughout its Fox Cities operations.

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