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K-C 3Q Profits Fall On Charges

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By: Karen McIntyre

Editor, Nonwovens Industry

Profits dropped 26% during the third quarter for Kimberly-Clark due largely to charges related to streamlining the company’s business. Earnings declined to $325.2 million from $441.3 million while sales climbed 6% to $4 billion. Sales were buoyed by continued strength in developing and emerging markets along with double-digit percentage growth for key personal care brands in North America and diapers in Europe.

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