Mexico saw low single-digit growth. The Zone returned to positive growth in the second quarter, helped by improved trading conditions in China. Our growth was broad-based with our largest market, the United States, performing particularly well. The underlying trading operating profit margin decreased by 20 basis points to 22.7%. Nestlé Nigeria Announces Q3 Results Nestlé Nigeria PLC announced its financial results for the 9-month period ending 30 September 2020. In addition, the Group absorbed costs of CHF 120 million related to staff and facilities made idle due to lockdown measures. Nestlé India - Directors and officers, key figures, stock and financials, Code of Business Conduct. Nestlé Professional, confectionery, ready-to-drink products and water all posted negative growth due to their exposure to the out-of-home channel. Learn about Nestlé’s brands and what we’re doing to make our products tastier and healthier. Back ... Read about our latest financial results. Nestlé increased media spend, particularly in digital channels, to support brand building and consumer engagement. Coffee was supported by strong momentum for Nescafé and Starbucks products. In the beverages category, Starbucks at-home products, Nescafé and Coffee mate grew at double-digit rates. Go to About us. Your answers can be found here. When adjusted for this dividend payment, free cash flow increased by 40 basis points to 9.3% of sales, reflecting improved capital discipline and stronger operating performance. The company posted a profit of Rs. Increased growth was led by the United States and Brazil.. Total reported sales increased by 3.5% to CHF 45.5 billion (6M-2018: CHF 43.9 billion).Net acquisitions had a positive impact of 1.1% and foreign exchange reduced sales by 1.2%. North America grew at a mid single-digit rate, supported by strong RIG in most product categories. We are also working with public and private institutions in many countries to create new programs to help young people develop the skills and resiliency they need to be successful in today’s challenging job market. Pricing contributed 0.2% and turned positive in the second quarter, with broad-based improvements. Among significant developments in 2019, Nestlé announced the sale of its US ice cream business and Herta charcuterie. You are currently on the Nestlé global website, Marketing infant nutrition: getting it right, Nestlé for Healthier Kids global initiative, Adding vegetables, fiber and whole grains, Sharing nutrition knowledge throughout life, Breast-milk substitute marketing: compliance record, Creating Shared Value Progress Report (pdf, 5Mb), Organic growth reached 2.8%, with real internal growth (, Divestitures and foreign exchange reduced sales by 12.3%. Our full year 2014 results presentation (pdf, 1 Mb) gives Back ... Financial Results. Net profit margin increased by 340 basis points to 14.3%, benefiting from one-off income related to divestitures and improved operating performance. Across the globe, Nestlé are here to help answer your queries, We unlock the power of food to enhance quality of life for everyone, today and for generations to come. Organic growth was 2.4%, with solid RIG of 2.8%, supported by favorable mix. The underlying trading operating profit margin of Other Businesses increased by 260 basis points, with positive contributions from both Nespresso and Nestlé Health Science. In PetCare, Felix, Purina ONE and Tails.com were the key growth platforms. Each region saw positive growth, with strong momentum in Russia. Nestlé’s reputation is based on consumers’ trust. This reduction was mainly due to the delay of a dividend payment by an associate company from April to July, the impact of foreign exchange rates and divestitures. By product category, coffee, Purina PetCare and culinary products all grew at a double-digit rate. In July, Nestlé completed the acquisition of a majority stake in Vital Proteins, America’s leading collagen products brand. Last updated ... Soutěž Adapterra Awards ve spolupráci s Nestlé zahajuje druhý ročník číst více Více inovací v plastových obalech. The purchase of the shares of Nestlé Nigeria further cements the position of Nestlé S.A’s as the majority shareholder of the company. Mark Schneider, Nestlé CEO: "We are encouraged by our first half results and have made further progress toward our 2020 financial goals. Dairy saw high single-digit growth, based on strong demand for fortified milks such as Nido and Bear Brand, as well as Coffee mate. Filter results by Most relevant. Nestlé Nigeria Plc Unaudited Financial Statements for the period ended 30 June 2020 1 Financial Statements 2 Principal Activities 3 Operating Results The following is a summary of the ompanys operating results: 2020 2019 N'000 N'000 Revenue 141,025,093 141,909,053 Results from operating activities 34,327,405 40,434,182 Despite COVID-19 lockdown, Nestlé has posted a revenue of PKR 29.8 billion which is a whopping increase of 2.6% compared to the first quarter of last year. Net profit grew by 18.3% to CHF 5.9 billion. Back Go to Directors and Officers. Underlying earnings per share in constant currency and capital efficiency are expected to increase. In July, Nespresso announced a CHF 160 million investment in the expansion of its Romont production center in Switzerland to meet growing consumer demand worldwide. Foreign exchange reduced sales by 6.3%. Reported sales in Other Businesses decreased by 24.8% to CHF 4.4 billion. Familiarisation Programme. The Group reported tax rate decreased by 40 basis points to 27.1%. North America saw strong double-digit growth, with continued market share gains. In May, the Group completed the purchase of the Zenpep business from Allergan. A question about Nestlé’s brands, policies, or products? Фінансові результати Nestlé S.A. 2016 року: органічне зростання становить 3,2%, маржа операційного прибутку збільшилася на 30 базисних пунктів у постійній валюті. Zone AOA reported negative organic growth, as a double-digit decline in China outweighed mid single-digit growth in the other regions. Group Risk Management. Go to Investors. India performed well, supported by NAN, Everyday and Nescafé. Full details in Events. Organic growth was 4.1% in developed markets, based entirely on RIG. Coffee remained resilient, with low single-digit growth, as a double-digit sales increase for coffee at home outweighed a sharp decline in the out-of-home channel. Lahore (February 26, 2020): Nestlé Pakistan posted a revenue of PKR 116 billion for 2019, a 3.9% reduction from 2018. By product category, the largest growth contribution came from Purina PetCare, Milo powder and dairy. Factors affecting results. By product category, the key growth platforms were dairy, Purina PetCare and coffee. Foreign exchange reduced sales by 7.0%, reflecting the appreciation of the Swiss franc versus most currencies. Medical Nutrition experienced strong sales, particularly in pediatric food allergy, adult medical care and Vitaflo products for rare genetic diseases. Nestlé Needs YOUth is our workforce initiative that provides job and training opportunities for young people across the globe. Sub-Saharan Africa recorded double-digit organic growth, led by strong, Japan and Oceania had negative organic growth, with negative. Nestlé Pakistan Limited has announced its financial results for the first nine months of 2019. Half-year sales and underlying trading operating profit (UTOP) overview by operating segment, Half-year sales and underlying trading operating profit (UTOP) overview by product. Everything you need to know about Nestlé is here: brands, key figures, milestones. Japan and Oceania decelerated and saw negative growth, as increased sales across product categories in Oceania were more than offset by a decline in Japan. Disciplined execution and fast innovation contributed to improved organic growth and profitability. Nestlé India Ltd has informed BSE that the audited financial results of the Company for the entire year ended December 31, 2009 would be submitted within the stipulated period of three months of the year end and consequently the Company will not be publishing the un-audited financial results for the fourth quarter ended December 31, 2009. Water gained market share but recorded negative growth due to a substantial sales drop in the out-of-home channel. South-East Asia saw mid single-digit growth. This site provides access to the latest news and information from Nestlé Canada, including press releases, photography and more. Pricing contributed 0.2% and was positive in all three Zones in the second quarter. Free cash flow decreased by 19.1% to CHF 3.3 billion. Organic growth was -2.2%, with RIG of -2.7% and pricing of 0.5%. Organic growth reached 2.8%, with real internal growth (RIG) of 2.6% and pricing of 0.2%. Nestlé quickly deployed effective measures to address this new reality. Nestlé Nigeria Plc has announced its financial results for the year 2019, posting a revenue of N 283.9 billion and recording 6.6 per cent growth over the previous year. Foreign exchange negatively impacted sales by 6.0%. When the pandemic started to spread. Good food, good life – that is what we stand for. Total reported sales decreased by 9.5% to CHF 41.2 billion. Nestlé Annual Report 2013 I Financial review. Vevey, Switzerland, February 16, 2012. Baking products, including Toll House and Carnation, continued to see exceptional demand. The organic growth was composed of 3.9% real internal growth and pricing of 3.6%. Innovation is at the heart of Nestlé. Gross profit for the period stood at N 31.5 billion, compared to N 25.8 billion during the previous year. Nestlé Professional posted a double-digit sales decline, in line with channel dynamics. With shifting consumer habits, Nestlé has been developing solutions to meet increased demand for at-home consumption, products that support health and boost the immune system as well as affordable offerings. Lagos-Nigeria, May: Nestlé Nigeria Plc announced its financial results for the first quarter of 2019. Infant nutrition decelerated to low single-digit growth, reflecting consumer destocking. For 2011, the Nestlé Group reported sales of CHF 83.6 billion and 7.5% organic growth on top of good growth in recent years. Chile reached high single-digit growth, led by dairy. Reported sales in Zone AOA decreased by 8.5% to CHF 10.1 billion. A question about Nestlé’s brands, policies, or products? 5.46 billion, down 36.66% as compared to a profit of Rs. Infant cereals and Purina PetCare continued to grow at strong double-digit rates. Organic growth reached 2.8%, with RIG of 2.6%. Innovation is at the heart of Nestlé. South Asia reported mid single-digit growth. Back Go to History. Nestlé in Sri Lanka. The underlying trading operating profit margin increased by 60 basis points to 18.9%. From 2021, our company holiday calendar in the United States will include Juneteenth, a day of reflection that commemorates the freeing of enslaved people in America on June 19, 1865. Margin expansion was supported by portfolio management and stronger operating performance. E-commerce sales gained momentum, driven by Nescafé and Starbucks products. Organic growth reached 5.3%, supported by robust RIG of 5.1%. With headquarters in Switzerland, Nestlé has offices, factories and research and development centres worldwide. Commodity inflation and COVID-19 related costs outweighed reduced in-store activation during lockdowns. I would like to thank every member of the Nestlé team for their dedication and hard work in the face of incredible challenges. Sales in the Philippines grew at a double-digit rate, with elevated consumer demand for Bear Brand, Milo and Maggi. Organic growth of 6.1% was based on strong RIG of 5.5% and pricing of 0.6%. A solid financial position: - A cash position of €10.9M at June 30, 2020, not including the financing obtained since this date, i.e. By product category, the largest growth contributor was Purina PetCare, led by its premium brands Purina Pro Plan and Purina ONE. Garden of Life and Pure Encapsulations saw increased growth, particularly in e-commerce. Organic growth of 6.1% was based on strong RIG of 5.5% and pricing of 0.6%. In the first half, Nestlé saw sustained momentum in the Americas and positive sales development in Zone EMENA. Confectionery reported negative growth due to reduced demand for on-the-go products, but market share improved overall. The launch of Pro Plan LiveClear, the first allergen-reducing cat food, resonated strongly with cat owners. 2020 Outlook: We expect full-year organic sales growth between 2% and 3%. Organic growth of 3.0%, with continued strong real internal growth (RIG) of 2.5% and pricing of 0.5%. China posted a double-digit decline in organic growth, mainly due to negative, South-East Asia saw mid single-digit organic growth, with a balanced contribution from. Portfolio management, reduced in-store activation during lockdowns and the Direct-Store-Delivery transformation more than offset COVID-19 related costs and commodity inflation. Nespresso reported mid single-digit organic growth, with positive, Nestlé Health Science saw double-digit organic growth, entirely driven by. Nestlé Nigeria Plc Unaudited Financial Statements for the period ended 30 June 2019 1 Financial Statements 2 Principal Activities 3 Operating Results The following is a summary of the ompanys operating results: 2019 2018 N'000 N'000 Revenue 141,909,053 135,295,682 Results from operating activities 40,434,182 32,153,211 Coffee, dairy, ice cream, culinary and confectionery all returned to positive growth. Nestlé Pakistan announces financial results for 2019. Nestlé touches the lives of billions of people every day: the farmers who grow our ingredients, our consumers, and the communities where we live and work. Lower media rates allowed for increased consumer reach. Maggi saw solid growth, despite temporary supply chain constraints in the second quarter. Nestlé Health Science posted double-digit growth, boosted by strong momentum for consumer and medical nutrition products. Nestlé reports full-year results for 2018. The Zone's underlying trading operating profit margin decreased by 20 basis points. Our Starbucks products continued to grow at a double-digit rate, driven by further global expansion and the launch of new offerings. Your answers can be found here. Sorry, you need to enable JavaScript to visit this website. Both reviews are expected to be completed in early 2021. The Zone's underlying trading operating profit margin increased by 60 basis points. Nestlé is exploring strategic options, including a potential sale, for parts of the Waters business in North America and the Yinlu peanut milk and canned rice porridge businesses in China. Underlying trading operating profit decreased by 7.9% to CHF 7.2 billion. The Zone saw continued market share gains in most geographies and product categories, particularly in pet food, coffee and culinary products. Quick access to our results announcements, You are currently on the Nestlé global website, Marketing infant nutrition: getting it right, Nestlé for Healthier Kids global initiative, Adding vegetables, fiber and whole grains, Sharing nutrition knowledge throughout life, Breast-milk substitute marketing: compliance record, Creating Shared Value Progress Report (pdf, 5Mb). Read their profiles Net debt increased to CHF 33.4 billion as at June 30, 2020, compared to CHF 27.1 billion at December 31, 2019. Contacts: Indonesia delivered high single-digit growth, led by Bear Brand and Dancow. Our engaged teams and their commitment to deliver business results while driving progress against our societal and environmental commitments make us a stronger company every day. Growth in confectionery turned slightly negative, following reduced demand for impulse and gifting products. Read about our latest financial results. The continuously evolving challenges in the economic and business environment impacted the … The underlying trading operating profit margin is expected to improve. Divestitures reduced sales by 24.9%, largely related to the divestment of Nestlé Skin Health. Luca Borlini  Tel. Total reported sales decreased by 9.5% to. Sub-Saharan Africa grew at a double-digit rate, led by strong sales development in South Africa. Foreign exchange had a negative impact of 7.7%, mainly due to currency depreciations in Latin America. Everything you need to know about Nestlé is here: from our history to key figures and milestones.