Mexico. Citibanamex reduced the target price for Kimberly-Clark shares listed on the Mexican Stock ExchangeLower target price for Kimberly Mexico In the year, the shares of the issuer present a disability of 3 percent. Drafting October 10, 2017, 07:26 Citibanamex reduced the target price for Mexico's Kimberly-Clark shares listed on the Mexican Stock Exchange (BMV) and its profit estimates, although it maintained a Neutral recommendation on the issuer's papers. According to an analysis, Citibanamex lowered its target price on Kimberly-Clark Mexico securities to 36 pesos per share, "mainly due to the prospects of a slowdown in sales growth and higher sales cost pressure." In the year, the shares of the issuer of the Mexican Stock Exchange (BMV) fell by 3 percent. So far this October, the price of Kimberly-Clark's papers from Mexico has yielded 4.19 percent. ADVERSE DATA The institution also reduced our EBITDA for this year by 5%. "The current contraction of the real wage in Mexico and the reduction of working capital in key retail customers are resulting in a lower permanence of price increases and a second-quarter sales growth of less than projected (which we reduced to 6.3% per year), "Citibanamex said. The Neutral recommendation is based on the recovery of increased sales and increasing cost savings are already mostly reflected in their current valuation levels. GBM Analysis estimates that in the third quarter of the year, Kimberly-Clark reported a 4.90% increase in revenues to 9.147 million pesos, although EBITDA dropped from 4.60% to 2.244 billion pesos and a fall net profit of 19.50% to 970 million pesos. ABOUT THE STATION Kimberly-Clark of Mexico manufactures and markets a wide variety of disposable consumer paper products, including diapers, women's towels, napkins, toilet paper, and handkerchiefs. The issuer, which is part of the S & P / BMV IPC sample, has three divisions: Consumer Products represents 85% of EBITDA and includes recognized brands such as Kleenex, Huggies and Kotex; the Professional and Health Care supplies disposable products and medical equipment to other companies and represents 10% of Kimberly-Clark's EBITDA in Mexico, and the Foreign Trade, which sells raw materials and final products, represents only 5% of the flow operating the company, according to Citibanamex.http://hogar.intelect.com.mx/notes/mexico-citibanamex-reduced-the-target-price-for-kimberly-clark-shares-listed-on-the-mexican-stock-exchangehttp://hogar.intelect.com.mx/@@site-logo/logoAllen.png
Mexico. Citibanamex reduced the target price for Kimberly-Clark shares listed on the Mexican Stock Exchange
Lower target price for Kimberly Mexico In the year, the shares of the issuer present a disability of 3 percent. Drafting October 10, 2017, 07:26 Citibanamex reduced the target price for Mexico's Kimberly-Clark shares listed on the Mexican Stock Exchange (BMV) and its profit estimates, although it maintained a Neutral recommendation on the issuer's papers. According to an analysis, Citibanamex lowered its target price on Kimberly-Clark Mexico securities to 36 pesos per share, "mainly due to the prospects of a slowdown in sales growth and higher sales cost pressure." In the year, the shares of the issuer of the Mexican Stock Exchange (BMV) fell by 3 percent. So far this October, the price of Kimberly-Clark's papers from Mexico has yielded 4.19 percent. ADVERSE DATA The institution also reduced our EBITDA for this year by 5%. "The current contraction of the real wage in Mexico and the reduction of working capital in key retail customers are resulting in a lower permanence of price increases and a second-quarter sales growth of less than projected (which we reduced to 6.3% per year), "Citibanamex said. The Neutral recommendation is based on the recovery of increased sales and increasing cost savings are already mostly reflected in their current valuation levels. GBM Analysis estimates that in the third quarter of the year, Kimberly-Clark reported a 4.90% increase in revenues to 9.147 million pesos, although EBITDA dropped from 4.60% to 2.244 billion pesos and a fall net profit of 19.50% to 970 million pesos. ABOUT THE STATION Kimberly-Clark of Mexico manufactures and markets a wide variety of disposable consumer paper products, including diapers, women's towels, napkins, toilet paper, and handkerchiefs. The issuer, which is part of the S & P / BMV IPC sample, has three divisions: Consumer Products represents 85% of EBITDA and includes recognized brands such as Kleenex, Huggies and Kotex; the Professional and Health Care supplies disposable products and medical equipment to other companies and represents 10% of Kimberly-Clark's EBITDA in Mexico, and the Foreign Trade, which sells raw materials and final products, represents only 5% of the flow operating the company, according to Citibanamex.
Lower target price for Kimberly Mexico In the year, the shares of the issuer present a disability of 3 percent.
Drafting October 10, 2017, 07:26
Citibanamex reduced the target price for Mexico's Kimberly-Clark shares listed on the Mexican Stock Exchange (BMV) and its profit estimates, although it maintained a Neutral recommendation on the issuer's papers.
According to an analysis, Citibanamex lowered its target price on Kimberly-Clark Mexico securities to 36 pesos per share, "mainly due to the prospects of a slowdown in sales growth and higher sales cost pressure."
In the year, the shares of the issuer of the Mexican Stock Exchange (BMV) fell by 3 percent. So far this October, the price of Kimberly-Clark's papers from Mexico has yielded 4.19 percent.
ADVERSE DATA
The institution also reduced our EBITDA for this year by 5%.
"The current contraction of the real wage in Mexico and the reduction of working capital in key retail customers are resulting in a lower permanence of price increases and a second-quarter sales growth of less than projected (which we reduced to 6.3% per year), "Citibanamex said.
The Neutral recommendation is based on the recovery of increased sales and increasing cost savings are already mostly reflected in their current valuation levels.
GBM Analysis estimates that in the third quarter of the year, Kimberly-Clark reported a 4.90% increase in revenues to 9.147 million pesos, although EBITDA dropped from 4.60% to 2.244 billion pesos and a fall net profit of 19.50% to 970 million pesos.
ABOUT THE STATION
Kimberly-Clark of Mexico manufactures and markets a wide variety of disposable consumer paper products, including diapers, women's towels, napkins, toilet paper, and handkerchiefs.
The issuer, which is part of the S & P / BMV IPC sample, has three divisions: Consumer Products represents 85% of EBITDA and includes recognized brands such as Kleenex, Huggies and Kotex; the Professional and Health Care supplies disposable products and medical equipment to other companies and represents 10% of Kimberly-Clark's EBITDA in Mexico, and the Foreign Trade, which sells raw materials and final products, represents only 5% of the flow operating the company, according to Citibanamex.
