Kimberly-Clark (KMB) hoping for a better 2019


Personal care products corporation Kimberly-Clark (KMB) is forecasting a difficult year in 2019 but still expects to see improvements on 2018. The corporation, which owns a number of well-known care brands including Kleenex, Andrex and Huggies, is aiming for better operating performance, including an organic sales growth of 2%, as well as an increase in margins and operating profit. The company predicts to hit total cost savings of between $400m-$450m with around $300m-$325m of that coming from FORCE and the 2018 global restructuring program accounting for the other $100m-$125m.