Kimberly-Clark Operates in Four Different Essay

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Kimberly-Clark began in the 19th century and began strong growth in the 1920s when it entered into a deal with the New York Times to build a pulp mill in northern Ontario. K-C covers a broad range of international markets with 53% of sales coming from the U.S., almost 17% from Europe and 35% from other countries. The company's sales are split between personal care (44%), consumer tissue (33.5%) and professional (15.7%) being the most important.

The company has not engaged in any significant merger and acquisition transactions of late. The company has been relatively stable with respect to recent developments of all types. The company's earnings have been growing slowly in recent years. Profit has been in the $1.8 billion range in three of the past four years.

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The company is highly leveraged but otherwise there do not appear to be any major concerns.

The auditor is Deloitte & Touche. They reported their opinion as "…has maintained…effective internal control over financial reporting as of December 31, 2009, based on the criteria established…." The audit report means that the auditor has verified the sources of the numbers used in the annual report and found those sources to not only be credible, but that the numbers have been produced in accordance with the relevant laws and accounting standards. The audit is conducted on the final statements and the annual report and the signature of the auditor means that the auditor….....

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"Kimberly-Clark Operates In Four Different" (2011, February 07) Retrieved May 22, 2025, from
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"Kimberly-Clark Operates In Four Different", 07 February 2011, Accessed.22 May. 2025,
https://www.aceyourpaper.com/essays/kimberly-clark-operates-four-different-5008