Earnings release
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1 October 23, 2025 Kimberly-Clark de México, S.A.B. de C.V. THIRD QUARTER 2025 RESULTS Highlights: • Third quarter sales of Ps. $13.4 billion. Up 2%. Consumer grew 5%. • Ps. $500 million of savings from our cost reduction program for the quarter. • EBITDA of Ps. $3.4 billion, a 25.0% margin. • Net income of Ps. $1.7 billion for the quarter; $0.56 per share. • LTM repurchased 4 6 million shares, 1.5% of total outstanding, which together with the cash dividend, totals a payment of 6.8%. QUARTERLY FINANCIAL RESULTS Prepared in accordance with International Financial Reporting Standards (IFRS) Million pesos 3Q'25 3Q'24 NET SALES $13,410 $13,155 GROSS PROFIT 5,192 5,212 OPERATING PROFIT 2,853 2,965 NET INCOME 1,681 1,824 EARNINGS PER SHARE (Pesos) 0.56 0.59 EBITDA 3,355 3,465 Comparisons in the third quarter were sequentially better with net sales growing and gross and operating profits recovering versus prior year, continuing the positive trend. Net sales increased 2%. Consumer increased 5% and Away from Home was in line with last year. Our brands remain strong and healthy, and our market position is stable. Exports decreased 15% due to lower hard roll sales volume while converted products grew high single digit. Gross profit was flat compared to last year , with a 38.7% margin, which was up 50 bps sequentially. Against last year SAM, resins and virgin fibers were favorable, recycled fibers were mixed, while fluff compared negatively. FX averaged 1% lower. During the quarter, costs of goods sold reflected the higher prices of raw materials and the much higher FX from prior months, as those trickle down the inventory layers.
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2 Our cost reduction program yielded very good results of approximately Ps. $500 million of savings in the quarter. Operating profit decreased 4%; margin of 21.3%. EBITDA was lower by 3% to Ps. $3.4 billion in the quarter. Margin was 25.0%, within our long term target range. Cost of financing was Ps. $ 404 million in the third quarter, compared to Ps. $287 million in the same period of last year . Net interest expense increased despite our lower gross debt because we earned less on our cash investments. Foreign exchange loss in the quarter was Ps. $3 million compared to a Ps. $4 million gain last year. Net income decreased 8% and earnings per share for the quarter were $0.56. During the last twelve months, we invested Ps. $1,907 million in Capex; paid Ps. $5,962 million in dividends; paid down Ps. $3,730 million in debt; and repurchased 46 million shares for Ps. $1,484 million (1.5% of total shares outstanding). We maintain a very solid balance sheet. As of September 30, the company held Ps. $10.7 billion in cash and equivalents. Total net debt was Ps. $13.4 billion. All debt is denominated in Mexican pesos, and the ratio of net debt to EBITDA was 1.0 times. In dollars, and US GAAP, net sales increased 2%, while operating profit and net income decreased 2% and 6%, respectively. Share Buyback Program Year to Date 2025 2024 Shares repurchased 32,867,976 18,405,487
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3 YTD FINANCIAL RESULTS Million pesos 9M'25 9M'24 NET SALES $41,314 $41,012 GROSS PROFIT 15,850 16,994 OPERATING PROFIT 8,876 9,903 NET INCOME 5,386 6,039 EARNINGS PER SHARE (Pesos) 1.78 1.96 EBITDA 10,395 11,392 FINANCIAL POSITION Million Pesos As of September 2025 2024 Assets Cash and cash equivalents $ 10,749 $ 16,739 Trade and other receivables 8,416 7,933 Current derivative financial instruments - 1,187 Inventories 4,239 4,323 Property, plant and equipment 19,120 18,799 Right of use assets 971 864 Non-current derivative financial instruments - 25 Deferred taxes 756 624 Intangible assets and others 2,384 2,468 Total $ 46,635 $ 52,962 Liabilities and equity Current portion of long term debt $ 1,500 $ 4,923 Current lease liabilities 304 277 Current derivative financial instruments 7 48 Trade payables 8,786 9,323 Employee benefits 1,451 1,764 Dividends payable 3,153 2,906 Provisions 2,770 2,719 Current income tax payable 521 559 Long term debt 19,100 21,271 Non-current lease liabilities 742 712 Non-current derivative financial instruments 2,533 1,665 Other liabilities 456 285 Equity 5,312 6,510 Total $ 46,635 $ 52,962
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4 CASH FLOW Million pesos Nine months ended September 2025 2024 Profit before tax $7,825 $8,945 Depreciation and amortization 1,519 1,489 Other 1,051 958 Cash used in operations (3,419) (3,560) Net cash flow from operating activities 6,976 7,832 Capital expenditures and others (968) (2,037) Repurchase of shares (1,114) (605) Payment of borrowings (3,730) (3,541) Payments of lease liabilities (295) (272) Dividends paid (3,103) (2,859) Payment of interest and other (1,999) (1,304) Net decrease in cash (4,233) (2,786) Effect of exchange rate changes on cash (600) 553 Cash and equivalents at the beginning of period 15,582 18,972 Cash and equivalents at the end of period 10,749 16,739 Conference Call Information The 3Q’25 conference call will be held on Friday, October 24, 2025 at 10:30 am Eastern time (9:30 am Central time / 8:30 am Mexico City time). To participate in the call, please dial: US (800) 267-6316, international +1(203) 518-9783; conference ID: 27635. A replay of the conference call will be available through October 31, 2025. To access the replay, please dial US (800) 925-9351, international +1(402) 220-5383. Kimberly-Clark de México, S.A.B. de C.V. is a Mexican company that manufactures and commercializes branded consumer products such as diapers, feminine pads, bath tissue, napkins, facial tissue, paper towels , wet wipes and soap. We are market leaders in almost all of our categories with brands such as Huggies, Kleen- Bebé, Kleenex, Cottonelle, Pétalo, Depend, Kotex, Evenflo and Escudo. Investor Relations Contact Salvador Escoto Tel: (5255) 5282-7204 salvador.escoto@kcc.com Lizeth Pérez Tel: (5255) 5282-7209 lizeth.perez@kcc.com