The improvement was supported by pricing, portfolio management and structural cost reductions. North America maintained good sales growth throughout the first half, with a significant acceleration in the second quarter to record its strongest quarter of organic growth in eight years. In coffee there was strong demand for Starbucks products in the launch markets (Japan, South Korea, Hong Kong and Taiwan). New products included Poland Spring ORIGIN, a premium bottled spring water using 100% recycled packaging. Vegetarian-based food products posted strong double-digit growth in Western Europe. h�b```f``�g`d`9� ̀ 6GC�n^�'܌B00�Lv@�"ia�b��vn C�j��� �D�i ���6���Q� �zv 0 Net acquisitions increased sales by 6.4%, largely related to the acquisition of the Starbucks license. Total reported sales increased by 3.5% to CHF 45.5 billion. The underlying trading operating profit margin reached 17.1%, an increase of 100 basis points in constant currency and on a reported basis. Total reported sales increased by 3.5% to. China saw softer growth in some categories but reported good growth in culinary and ice cream. Net acquisitions negatively impacted sales by 0.1%. The physician-supervised platform is unique as it addresses an unmet need in providing cancer patients with a holistic approach to nutritional and wellness guidance, well beyond the sale of our products. The Group reported tax rate increased by 110 basis points to 27.5%. The underlying trading operating profit margin increased by 320 basis points to 19.6%. Sub-Saharan Africa maintained mid single-digit growth. Performance highlights (unaudited) Underlying performance GAAP measures vs 2018 vs 2018 First Half Underlying sales growth (USG)(a) 3.3% Turnover €26.1bn (0.9)% Underlying operating margin(b) 19.3% (b)50bps Operating margin 17.6% 40bps In PetCare, Felix, Purina ONE and Tails.com were the key growth platforms. Nestlé Pure Life posted negative growth in the context of price competition in the affordable segment. Aug 02, 2010: Nestlé signs India Pledge: %PDF-1.6 %���� ... (Q2). Toronto, Canada Area Partnering with you to meet your data warehousing, project management, business analytics, and financial planning needs. Brazil had high single-digit growth, supported by strong performances in ambient dairy, infant nutrition, professional and KitKat. 0 participants from 3 13 countries. The company, which follows January-December as financial year, had posted a profit of Rs 446.11 crore in the year-ago period. Innovation provided additional growth momentum, with strong demand for the recently launched Dr. Latin America recorded double-digit growth in Purina PetCare. RIG of 2.6% remained at the high end of the food and beverage industry. China reported low single-digit organic growth, with positive, South-East Asia saw mid single-digit organic growth, supported by strong, South Asia had low single-digit organic growth. Nestle India Q3 profit falls 1.4%; revenue rises 10.1% on double-digit growth in key brands 29.07.2020 Nestle Standalone June 2020 Net Sales at Rs 3,050.48 crore, up 1.65% Y-o-Y Zone AOA saw solid growth in the first half despite negative sales development in Pakistan due to challenging trading conditions. Margin expansion was supported by pricing, structural cost reductions, operational efficiencies and improved mix. The underlying trading operating profit margin grew by 10 basis points to 18.8%. 32 0 obj <>/Filter/FlateDecode/ID[<305056B681936D4AAD3E42F66D5E98ED>]/Index[26 9]/Info 25 0 R/Length 44/Prev 1605172/Root 27 0 R/Size 35/Type/XRef/W[1 2 0]>>stream LANSING, MI — Fourteen months ago, the Michigan Court of Appeals agreed to hear a zoning dispute between a tiny township and the world’s largest food and beverage company. Growth decelerated in the second quarter following unfavorable weather conditions, particularly in Northern Europe. ... Nov 08 2019, 6:37 PM Nov 08 2019, 7:11 PM November 08 2019, 6:37 PM November 08 2019… The increase reflected the dividend payment of CHF 7.2 billion and share buybacks of CHF 4.2 billion, partially offset by strong free cash flow generation of CHF 4.1 billion. 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. 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. However, up to 80% of cancer patients experience weight loss and/or malnutrition during their illness. While the deal values New York-based Freshly at $950 million, Nestlé will pay up to $550 million in additional earnouts, depending on Freshly’s successful growth. Sale of Nestlé Skin Health expected to be completed in the second half of 2019 at an agreed price of, North America saw positive organic growth, with balanced, Latin America reported mid single-digit organic growth, with positive. 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, Contacts: Underlying trading operating profit increased by 10.1% to CHF 7.8 billion. Underlying earnings per share increased by 15.7% in constant currency and by 14.6% on a reported basis to, Portfolio management fully on track. Slightly positive pricing was fully offset by negative, Emerging markets posted high single-digit organic growth, with strong pricing and positive. A … NESTLE S A: Day by Day Downgrades Recommendation on Nestle: MT. Europe saw negative sales development. Restructuring expenses and net other trading items were CHF 0.7 billion. The increase resulted from stronger operating performance and several one-off items. • Hit 113% of my Quota for Q1 2018 Net acquisitions reduced sales by 6.5%, mainly due to the disposal of Gerber Life Insurance, which offset the contribution of Atrium Innovations. COPESTM was launched in April in the United States with the enrollment of its first cancer patients and the ambition to scale up significantly. Strong pricing was partially offset by negative, Europe saw negative organic growth. Leading in nutritional science. This was the result of broad-based improvements in all businesses, in particular Nestlé Skin Health. Cancer is one particular area where Nestlé Health Science can make a meaningful difference. The underlying tax rate declined by 280 basis points to 21.4%. Nestle India Quarterly Results: Get the key information of Nestle India Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. These more than offset a further increase in PET packaging costs, as well as higher marketing investments. The maker of Maggi instant noodles and Kit Kat chocolate saw its revenue rise 1.7% year-on-year to Rs 3,050 crore in the April-June period, according to an exchange filing. Pricing was positive at 1.9%, with the largest contribution from the United States. Following a comprehensive tender process under the supervision of the Audit Committee, the Board decided to propose to the next Annual General Meeting the appointment of EY as the principal audit provider for the 2020 financial year. Zone Americas (AMS) 3.9% organic growth: 2.0% RIG ; 1.9% pricing. Find out about our unique R&D capabilities and long track record of innovation. During the first half of 2019, the Group repurchased CHF 4.2 billion of Nestlé shares. Watch Nestlé stock price in real-time on Markets Insider here. The following slide deck was published by Nestlé S.A. in conjunction with their 2019 Q2 earnings call.. The underlying trading operating profit margin of Other Businesses increased by 320 basis points. %%EOF As of June 30, 2019, the Group had implemented 73% (CHF 14.5 billion) of the CHF 20 billion share buyback program announced in 2017. Come here for news, press releases, statements and other multi-media content about Nestlé. Coffee returned to mid single-digit growth in the second quarter with improved Nespresso and Nescafé momentum across all Zones. Foreign exchange negatively impacted sales by 1.4%. Nestle in its recently released 9M 2019 result announced Revenue growth of 4.0% y/y to N211.3 billion for 9M 2019 from N203.1 billion in 9M 2019. The year-on-year growth acceleration was led by the United States and Brazil. Growth in emerging markets was 5.3%. Organic growth was 2.4% in developed markets, with a significant RIG acceleration in the second quarter. : +41 21 924 38 20, 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. Acquisitions of the Starbucks license and Atrium Innovations more than offset divestments, mainly Gerber Life Insurance. endstream endobj 27 0 obj <> endobj 28 0 obj <>>>/Rotate 0/Type/Page>> endobj 29 0 obj <>stream 26 0 obj <> endobj Coffee was slightly negative in the first half, but returned to positive growth in the second quarter. Search for jobs here. growth in Q2 •Western Europe back to positive organic growth •Margin +10 bps driven by structural cost reductions and favorable mix Zone EMENA 12 | July 26, 2019 | Nestlé half-year results 2019 Sales CHF 9.2 bn Organic growth 2.4% Real internal growth 3.7% Underlying TOP margin vs LY 18.8% +10 bps Formulated CBD products, which are THC (tetrahydrocannabinol)-free and non-GMO certified. Pricing contributed 1.0% with some deceleration in the second quarter owing to the deflationary environment in Europe and lower pricing in Brazil. Providing nutrition and wellness support for cancer patients. statement of un-audited financial results for the quarter and six months ended 30 june 2019 in million three months ended (un-audited) 30.06.2019 31.3.2019 30.06.2018 a b iii v x c d e g 1 j k particulars income domestic sales export sales sale of products other operating revenues revenue from operations other income total income expenses NEW DELHI: Nestle India is all prepared to announce its Q2 earnings today i.e. x��|Xٶn5�w� A��[�� ���@p�-Xp� o�n�;23�Μ3�{�{E�?�v��k����kU�N��XrR�R �����X����J����酋�)�KO* 9&&�v A question about Nestlé’s brands, policies, or products? 34 0 obj <>stream Foreign exchange had a positive impact of 0.5%. Sorry, you need to enable JavaScript to visit this website. On a q/q basis, Revenue fell by 2.1% q/q in Q3 2019 to N69.4 billion from N70.9 billion in Q2 2019. Zone EMENA posted strong RIG based on good results in Western Europe and Eastern Europe, particularly in the second quarter. This was based on an acceleration in both North and Latin America. 14:00 CEST Investor call audio webcast Japan and Oceania returned to positive growth, based on improved RIG momentum in the second quarter. Q To address this challenge, Nestlé Health Science provides nutritional support to 400 000 cancer patients globally. The transition will begin in the second half of 2019 and is expected to be completed in the second quarter of 2020. The Zone’s underlying trading operating profit margin increased by 10 basis points, based on structural cost reductions and favorable mix. 614.40 0 0 837.12 0 0 cm The launch of Starbucks products in 14 markets saw strong demand and further markets will follow in the second half of the year. We expect organic sales growth around 3.5% and the full-year underlying trading operating profit margin at or above 17.5%. Disciplined execution and fast innovation contributed to improved organic growth and profitability. Analysts predict Nestlé will release earnings per share of CHF 1.80. Organic growth reached 3.6%. Trading operating profit increased by 10.4% to CHF 7.1 billion. The Zone’s underlying trading operating profit margin improved by 40 basis points, supported by pricing, structural cost reductions and favorable mix. Confectionery had improved momentum, with double-digit growth for KitKat. Reported sales in Zone AOA increased by 0.9% to CHF 10.7 billion. Second-quarter growth was helped by favorable comparables due to the May 2018 truck drivers’ strike. Nutrition: Winning with science, innovation and speed in the First 1000 Days, Thierry Philardeau - Investor Seminar 2019 May 07, 2019 PRESENTATION 3MB VIDEO 00:14:33 event page Every year, it produces over a billion nutritional health solutions for consumers, patients and their healthcare providers. ~Nestle NESTLE INDIA LIMITED Registered Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi - 110 001 STATEMENT OF UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30 JUNE 2020 Profile Incorporated : 1981 Quoted date : 1983 Financial year ends : 31 December Registered office 440, T. B. Jayah Mawatha (Darley Road), Colombo 10 Sector Food & beverages Reported sales in Zone EMENA decreased by 0.8% to CHF 9.2 billion. on November 8, 2019. The increase was mainly the result of improved operating performance and lower taxes. Full-year guidance for 2019 confirmed. Veterinary products grew at a double-digit pace, helped by new product launches such as Purina Calming Care probiotic supplements for dogs. The plant-based Garden Gourmet Incredible Burger was launched in nine markets in the second quarter. The largest contributions came from Purina PetCare, coffee and infant nutrition. Increased growth was led by the United States and Brazil. * 2018 figures have been adjusted to reflect re-allocation of some marketing and administration expenses from Unallocated items into the Operating segments. 2020: DÄTWYLER: Dätwyler Extends Contract With Nestlé's Nespresso: MT. Poland Spring also contributed with positive growth. In the first half of 2018, net profit benefited from the sale of the U.S. confectionery business. The R&D Centre in Abidjan, Côte d’Ivoire opened in 2009; is the only one of this kind on the African continent. Pricing increased by 4.7%. q The classification of Nestlé Skin Health as an asset held for sale contributed 20 basis points to the Group’s underlying trading operating profit margin. AOA saw solid growth despite negative sales development in Pakistan and softness in some categories in China. Organic growth of 7.4% was driven by strong RIG of 6.7% and pricing of 0.7%. South-East Asia saw strong growth, with double-digit contributions from Indonesia and Vietnam led by Bear Brand, ready-to-drink Nescafé and ready-to-drink Milo. Bills would ban Nestle from distributing Michigan water outside Great Lakes watershed. Emerging markets saw high single-digit growth, supported by strong momentum in Asia, Turkey and Egypt. for the period ended 30 June 2019 ( c) Employees involvement and training: 15 Remuneration Committee In addition, we inaugurated the Nestle Technical Training Center (NTTC) Abaji to complement the success story of Agbara Factory and through that enhance availability of … endstream endobj 30 0 obj <>stream Media: Christoph Meier Tel. 2019 FIRST HALF YEAR RESULTS . Reported sales in Nestlé Waters increased by 0.9% to CHF 4.0 billion. • Hit 126% of my Quota for Q2 2017 • $3.4 Million booked Opportunities closed won from my desk alone in 2017 (highest on our team). South Asia excluding Pakistan grew at a high single-digit pace and saw strong growth in NAN, Maggi and KitKat. Premium brands S.Pellegrino, Perrier, and Acqua Panna saw high single-digit growth, helped by successful innovations such as S.Pellegrino Essenza and Perrier & Juice. 1 0 0 1 -8.82 1.68 cm It is established on two sites, Abidjan and Yamoussoukro. h�26V0P���wq���H�)�BҀD����KP�5/9?%3/�pqs�O� (������� ��ڍA��Q�.I Across our categories increased investment behind our brands and in innovation is clearly paying off, as reflected in our strong momentum in PetCare and the return to mid single-digit growth in coffee. Subscribe to the Crunchbase Daily. Organic growth was 2.4%, supported by strong RIG of 3.7%. ... We had the pleasure to welcome Nestle's CEO Mark Schneider for a 2 hour Q&A session with … h�bbd`b`Jbb`�gb`< ���~&�?��V1�g\` O�� RIG declined by 3.3%, impacted by price increases in the United States and slower growth in Europe. The transition will begin in the second half of 2019 and is expected to be completed in the second quarter of 2020. This is vital to advancing next-generation nutritional products and services that are even more beneficial and cost-effective. Marketing investments increased to support innovation and brand building. This company-wide mindset is well illustrated by Nestlé Health Science. Nespresso maintained mid single-digit organic growth. The largest contributor to growth was Purina PetCare, which continued to see strong momentum in e-commerce and in premium brands, such as Purina Pro Plan, Purina ONE and Tidy Cats litter. Investors: Luca Borlini Tel. Nestle SA (NSRGY) CEO Mark Schneider on Q2 2019 Results - Earnings Call Transcript Jul. Net acquisitions reduced sales by 0.2%. Organic growth was 3.4% excluding businesses under strategic review. We believe that our company will be successful in the long term by creating value for both our shareholders and for society. Net profit declined by 14.6% to CHF 5.0 billion, and earnings per share decreased by 12.3% to CHF 1.68. NESTLÉ Termine - hier erhalten Sie eine Übersicht über alle anstehenden und vergangenen Termine wie Quartalszahlen und Hauptversammlung von NESTLÉ. 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). endstream endobj startxref The beverages category, comprising Starbucks, Coffee mate creamers, and Nescafé, posted high single-digit growth. Nestlé’s share buyback program contributed 1.9% to the underlying earnings per share increase, net of finance costs. Nestlé Pure Life made a strong contribution to growth in emerging markets, with the launch of sparkling and flavored varieties. The underlying trading operating profit margin increased by 40 basis points to 23.1%. Nestlé, which has its U.S. headquarters in Arlington, Virginia, is known for being the largest … Creating Shared Value is fundamental to how we do business at Nestlé. Good food, good life – that is what we stand for. Net debt increased to CHF 38.3 billion as at June 30, 2019, compared to CHF 30.3 billion at December 31, 2018. Nestle India Ltd.'s revenue rose marginally even as lower tax aided profit in the quarter ended June, a period when the Covid-19 lockdown disrupted everything from sourcing and production to supply. Frozen food saw positive growth led by Hot Pockets and Stouffer’s brands. Nestlé Health Science is committed to redefining the management of health in areas such as healthy aging, metabolic health, allergy and pediatric health. Whether you have years of work experience or you just graduated, there’s a job opportunity for you at Nestlé. The trading operating profit (TOP) margin increased by 90 basis points to 15.5%. endstream endobj 31 0 obj <>stream Underlying earnings per share in constant currency and capital efficiency are expected to increase. The Purina PetCare and infant nutrition categories were the main contributors to growth across the Zone. Cancer survival rates are increasing due to advances in science. Full details in Events, "We are encouraged by our first half results and have made further progress toward our 2020 financial goals. Organic growth increased to 3.9%, supported by higher RIG of 2.0%. Food giant Nestlé announced plans on Friday to acquire subscription meal service Freshly.. : +41 21 924 22 00 All product categories posted positive growth. Latin America posted mid single-digit growth, with positive contributions in most markets and categories. Foreign exchange had a negative impact of 1.2%. It offers the following advantages: Pioneering next-generation nutritional products and services. Nestle India Q3 profit falls 1.4%; revenue rises 10.1% on double-digit growth in key brands 29.07.2020 Nestle Standalone June 2020 Net Sales at Rs 3,050.48 crore, up 1.65% Y-o-Y