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K-C delivers strong improvements in gross margins
23 Apr '10
4 min read
"Given recent input cost changes and expectations for additional near-term increases, particularly with pulp, we are now experiencing significantly higher cost inflation in 2010 than previously estimated. So, we are aggressively looking for ways to increase revenue realization and focusing on generating incremental cost savings and controlling discretionary spending. These actions, coupled with the flexibility we built into our original 2010 plan, will help offset nearly all of the higher-than-expected input costs.
"In summary, we are continuing to target adjusted earnings per share in 2010 in a range of $4.80 to $5.00 per share. With what we know now, it's more likely that adjusted EPS will be toward the low end of that range. We are firmly convinced that we are executing the right strategies to drive sustainable growth and long-term shareholder value."
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"In summary, we are continuing to target adjusted earnings per share in 2010 in a range of $4.80 to $5.00 per share. With what we know now, it's more likely that adjusted EPS will be toward the low end of that range. We are firmly convinced that we are executing the right strategies to drive sustainable growth and long-term shareholder value."
Click here for more details.
Kimberly-Clark Corporation
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