Earnings release
Page 1
1 January 22, 2026 FOURTH QUARTER AND FULL YEAR 2025 RESULTS • Consumer products sales up 5% in fourth quarter. • Fourth‑quarter sales of Ps. 14.1 billion. • Sequentially results continued to improve. • Record full year sales of Ps. 55.4 billion, reflecting the strength of our leading brands and improved domestic results. • Ps. 500 million in quarterly cost savings and Ps. 2.0 billion for the full year, demonstrating the structural benefits of our productivity initiatives. • Fourth quarter EBITDA of Ps. 3.7 billion, margin 26.4%; full year EBITDA Ps. 14.1 billion with 25.5% margin. • Net income of Ps. 2.2 billion in 4Q25 (+23% YoY), and Ps. 7.6 billion for the year. EPS of Ps. 0.73 for the quarter and Ps. 2.51 for the year. • Disciplined capital allocation: Ps. 1.8 billion in Capex, Ps. 6.2 billion in dividends, Ps. 3.7 billion in debt reduction, and 43 million shares repurchased , equal to 1.4% of outstanding shares, during the year. • Solid balance sheet with Ps. 9.7 billion in cash, Net Debt/EBITDA at 1.0x , and all debt denominated in Mexican pesos. QUARTERLY FINANCIAL RESULTS Prepared in accordance with International Financial Reporting Standards (IFRS) Million pesos 4Q'25 4Q'24 NET SALES $14,058 $13,771 GROSS PROFIT 5,680 5,389 OPERATING PROFIT 3,215 2,944 NET INCOME 2,195 1,792 EARNINGS PER SHARE (Pesos) 0.73 0.59 EBITDA 3,713 3,502
Page 2
2 Strong profitability driven by cost discipline and Consumer products growth momentum Fourth‑quarter net sales increased 2% to Ps. 14.1 billion . Consumer products grew 5% , reflecting the continued health of our brands and solid market shares. Away from Home declined 10% as inventories were adjusted by the trade, and Export sales decreased 26%, primarily due to lower hard roll volumes as more tissue was converted for the domestic market. Gross profit increased 5% with a 40.4% margin , up 170 bps sequentially, supported by favorable resins, SAM, virgin and recycled fibers costs and an average FX level 8% lower than last year. Fluff costs were higher. Our cost ‑reduction program delivered approximately Ps. 500 million in savings during the quarter. Operating profit increased 9%, with a margin of 22.9%, and EBITDA rose 6% to Ps. 3.7 billion, resulting in a 26.4% EBITDA margin, in the high range of our long-term objective. Financing costs were Ps. 398 million, higher than the Ps. 350 million recorded in 4Q24, due to lower yields on cash investments. Foreign exchange resulted in a small loss of Ps. 0.4 million compared to a Ps. 18 million gain last year. Net income increased 23% to Ps. 2.2 billion, and earnings per share were Ps. 0.73. In U.S. GAAP and dollars, net sales increased 11%, operating profit 17%, and net income 31%. FULL YEAR FINANCIAL RESULTS Prepared in accordance with International Financial Reporting Standards (IFRS) Million pesos 2025 2024 NET SALES $55,371 $54,782 GROSS PROFIT 21,530 22,383 OPERATING PROFIT 12,091 12,847 NET INCOME 7,581 7,830 EARNINGS PER SHARE (Pesos) 2.51 2.55 EBITDA 14,108 14,895 A year of record sales and solid performance in a challenging cost environment For the full year, revenues reached Ps. 55.4 billion, an all‑time high and 1% above 2024. Full year profitability reflected cost pressures , including from FX. Gross profit declined 4%, operating profit 6%, EBITDA 5%, and net income 3%. Full year EPS was Ps. 2.51. In U.S. GAAP and dollars, net sales decreased 6%, operating profit 12%, and net income 10%.
Page 3
3 Financial strength and consistent shareholder returns During 2025 we invested Ps. 1.8 billion in Capex, paid Ps. 6.2 billion in dividends, and reduced debt by Ps. 3.7 billion. We also repurchased 43 million shares for Ps. 1.4 billion, equivalent to 1.4% of outstanding shares. We closed the year with a strong financial position: Ps. 9.7 billion in cash, total net debt of Ps. 14.4 billion, and a Net Debt/EBITDA ratio of 1.0x. All our debt remains denominated in Mexican pesos. Share Buyback Program Year to Date 2025 2024 SHARES REPURCHASED 42,728,741 31,555,188 Conference Call Information The 4Q25 earnings conference call will be held on Friday, January 23, 2026, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time / 8:30 a.m. Mexico City Time). To participate, please dial: • US: (800) 225‑9448 • International: +1 (203) 518‑9708 • Conference ID: 74265 A replay will be available through January 30, 2026 at: • US: (800) 839‑3736 • International: +1 (402) 220‑2978 About Kimberly‑Clark de México Kimberly‑Clark de México is a leading Mexican manufacturer and marketer of personal, family, and institutional care products. Our portfolio includes well ‑known brands such as Huggies, Kleen ‑Bebé, Kleenex, Cottonelle, Pétalo, Depend, Kotex, Evenflo, and Escudo. We hold leading positions across most of our categories and remain focused on delivering quality, innovation, and long‑term value for consumers and shareholders. Contact Salvador Escoto +52 (55) 5282-7204 salvador.escoto@kcc.com Lizeth Perez +52 (55) 5282-7209 lizeth.perez@kcc.com