Kimberly-Clark announces new operating model, long-term growth targets

Kimberly-Clark announced that Mike Hsu, chairman and CEO, and members of his executive leadership team are unveiling the next phase of the company’s transformation, including a new operating model and key commercial initiatives designed to grow its brands and businesses at a faster pace than its categories. “We see a clear path to consistent growth and strong margin expansion as we sharpen our focus on areas of competitive advantage and where we believe we have the right to win,” said Nelson Urdaneta, CFO. “Leveraging our strong innovation pipeline and go-to-market capabilities to drive growth, our new productivity programs to deliver efficiencies, and our capital priorities to support reinvestment and accelerate our strategic plan will support our ability to achieve our new long-term financial profile in the years ahead.” Kimberly-Clark has set long-term growth and return targets that include organic net sales growth ahead of market growth; adjusted operating profit growth in the mid-to-high single digits on a constant currency basis; adjusted EPS growth in mid-to-high single digits on a constant currency basis and annual free cash flow generation of at least $2B.