...The ratings reflect Kimberly Clark de Mexico, S.A.B. de C.V.'s (KCM) leading market position, strong cash flow generation, conservative capital structure and liquidity position, proven debt-payment track record, and partial ownership by Kimberly-Clark Corporation (KMB). The ratings also consider the company's challenging cost environment due to some raw materials price increases and foreign exchange volatility. The rating affirmation and Stable Outlook incorporate Fitch Ratings' expectation that KCM will strengthen its gross and net leverage to close to 2.0x and 1.5x, respectively, in the short term and will gradually recover its previous profitability margins....