Gross profit for the period stood at N 31.5 billion, compared to N 25.8 billion during the previous year. The Zone's underlying trading operating profit margin increased by 40 basis points. 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. In April, Nestlé completed the acquisition of Lily's Kitchen, a premium natural pet food business. In addition, the Group absorbed costs of CHF 120 million related to staff and facilities made idle due to lockdown measures. Nestlé Professional saw a double-digit sales decline, in line with channel dynamics. The exact financial impact of COVID-19 for the full year remains difficult to quantify and will depend on the duration and economic consequences of this crisis as well as the speed of recovery in the out-of-home channel. event. We also developed an entrepreneurship program to support young innovators through mentoring and strategic support for their businesses, helping them overcome challenges and find opportunities to grow. Nestlé Professional posted a double-digit sales decline, in line with channel dynamics. Commodity inflation and COVID-19 related costs outweighed reduced in-store activation during lockdowns. Nestlé has remained resilient in a rapidly changing environment, delivering solid organic growth and improved margins in the first half. Nestlé Pakistan Limited has announced its financial results for the first nine months of 2019. Chile reached high single-digit growth, led by dairy. Both reviews are expected to be completed in early 2021. Directors and officers. Examples include: We are deeply concerned about social, racial and economic inequalities. The launch of Pro Plan LiveClear, the first allergen-reducing cat food, resonated strongly with cat owners. Innovation is at the heart of Nestlé. 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 Nestlé reports full-year results for 2018. Coffee, dairy, ice cream, culinary and confectionery all returned to positive growth. As part of this work, Nestlé is donating USD 1.5 million to the National Urban League, UNCF and other organizations dedicated to ending racial discrimination and providing economic empowerment through education and job training. Learn about our strategy, sales and results or download our investor seminar presentations. South Asia reported mid single-digit organic growth, mainly based on pricing. The organic growth was composed of 3.9% real internal growth and pricing of 3.6%. Good food, good life – that is what we stand for. Full details in Events. Filter results by Most relevant. Nestlé reports half-year results for 2020. The company posted revenue of N 71.0 billion recording growth of 5.2% over the previous year. Nestlé is the world's leading Nutrition, Health and Wellness company. Underlying earnings per share in constant currency and capital efficiency are expected to increase. History. Everything you need to know about Nestlé is here: from our history to key figures and milestones. Фінансові результати Nestlé S.A. 2016 року: органічне зростання становить 3,2%, маржа операційного прибутку збільшилася на 30 базисних пунктів у постійній валюті. Reported sales in Zone AOA decreased by 8.5% to CHF 10.1 billion. This site provides access to the latest news and information from Nestlé Canada, including press releases, photography and more. 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. Total reported sales decreased by 9.5% to. Any major ... financial results. Nespresso grew at a mid single-digit rate, supported by significant sales acceleration for e-commerce and the Vertuo system. Mexico saw low single-digit growth. The company has also accelerated the development of its digital capabilities and expanded e-commerce and online communication. : +41 21 924 2200[email protected] 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. Your answers can be found here. Portfolio management is fully on track. Foreign exchange reduced sales by 6.3%. 14:00 CEST Investor call audio webcast 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. The Zone saw continued market share gains in most geographies and product categories, particularly in pet food, coffee and culinary products. Foreign exchange negatively impacted sales by 6.0%. Sorry, you need to enable JavaScript to visit this website. Our Starbucks products continued to grow at a double-digit rate, driven by further global expansion and the launch of new offerings. Organic growth reached 2.8%, with RIG of 2.6%. Sub-Saharan Africa recorded double-digit organic growth, led by strong, Japan and Oceania had negative organic growth, with negative. Vevey, Switzerland, February 16, 2012. Divestitures reduced sales by 0.5% and foreign exchange negatively impacted sales by 7.0%. The underlying trading operating profit margin reached 17.4%, an increase of 30 basis points in constant currency and on a reported basis. Organic growth of 6.1% was based on strong RIG of 5.5% and pricing of 0.6%. Our priorities remain the same; keeping our people safe, assuring continued supply of essential food and beverages to consumers and caring for our communities and business partners through financial and in-kind support. Each region saw positive growth, with strong momentum in Russia. North America grew at a mid single-digit rate, supported by strong RIG in most product categories. Media: Announces 2011 Financial Results. We stand with all those affected and are committed to helping where we can. Zone AOA reported negative organic growth, as a double-digit decline in China outweighed mid single-digit growth in the other regions. The trading operating profit margin reached 16.9%, an increase of 140 basis points in constant currency and on a reported basis. Nestlé India - Directors and officers, key figures, stock and financials, Code of Business Conduct. Nestlé Canada is committed to providing timely, accurate and comprehensive information about our company. Back Go to Directors and Officers. As part of this process, the Group agreed to sell the Canadian Nestlé Pure Life business to Ice River Springs in July. Disciplined execution and fast innovation contributed to improved organic growth and profitability. This table contains critical financial ratios such as Price-to-Earnings (P/E Ratio), Earnings-Per-Share (EPS), Return-On-Investment (ROI) and others based on Nestle SA's latest financial reports. We support sound business decision-making and innovation planning. Factors affecting results. Sorry, you need to enable JavaScript to visit this website. Investors: Nestlé increased media spend, particularly in digital channels, to support brand building and consumer engagement. Whether you have years of work experience or you just graduated, there’s a job opportunity for you at Nestlé. Whether you have years of work experience or you just graduated, there’s a job opportunity for you at Nestlé. Organic growth was -2.2%, with RIG of -2.7% and pricing of 0.5%. Quick links. 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. Vevey, July 26, 2019 Nestlé reports half-year results for 2019 * Organic growth of 3.6%, with continued strong real internal growth (RIG) of 2.6% and pricing of 1.0%. Everything you need to know about Nestlé is here: brands, key figures, milestones. Divestitures and acquisitions had no impact on sales. In West Africa more than 1 000 young people receive support through the Youth Agripreneurship Development Program (YADIS), which was initiated by Nestlé and our regional partners in 2019. Garden of Life and Pure Encapsulations saw increased growth, particularly in e-commerce. By product category, the largest growth contribution came from Purina PetCare, Milo powder and dairy. : +41 21 924 3509[email protected], 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. Lagos-Nigeria, May: Nestlé Nigeria Plc announced its financial results for the first quarter of 2019. Back ... Financial Results. The improvement was broad-based across product categories. Net financial expenses decreased by 11.3% to CHF 447 million, largely reflecting a reduction in average net debt. 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 net […] Our growth was broad-based with our largest market, the United States, performing particularly well. Nestlé reports its Sales and Results both by Operating Segments as well as by Products. A question about Nestlé’s brands, policies, or products? Back Go to History. The largest growth contributor was Purina PetCare, which saw continued strong momentum in e-commerce and in premium brands, such as Purina Pro Plan, Purina ONE and Fancy Feast. Nestlé Pakistan announces financial results – boasts 29.8 billion in revenue. The Zone's underlying trading operating profit margin increased by 60 basis points. Maggi saw solid growth, despite temporary supply chain constraints in the second quarter. Go to About us. Zone AOA saw a sales decrease, with growth turning positive in the second quarter. Learn about Nestlé’s brands and what we’re doing to make our products tastier and healthier. *In constant currency, excluding divestitures of Nestlé Skin Health and the U.S. ice cream business. Divestitures reduced sales by 5.3%, largely related to the divestment of the U.S. ice cream business. The purchase of the shares of Nestlé Nigeria further cements the position of Nestlé S.A’s as the majority shareholder of the company. Last updated ... Soutěž Adapterra Awards ve spolupráci s Nestlé zahajuje druhý ročník číst více Více inovací v plastových obalech. Nestlé Health Science posted double-digit growth, boosted by strong momentum for consumer and medical nutrition products. Consumer-facing marketing expenses* decreased. Reported sales in Zone AMS decreased by 7.7% to CHF 16.7 billion. In May, the Group completed the purchase of the Zenpep business from Allergan. Nestlé Pakistan announces financial results for 2019. Outside of China, infant nutrition saw good sales momentum. Familiarisation Programme. Divestitures reduced sales by 24.9%, largely related to the divestment of Nestlé Skin Health. 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. The underlying trading operating profit margin increased by 60 basis points to 18.9%. Read their profiles Group Risk Management. We continue to work on fostering an inclusive culture at work and in our communities, particularly in the United States where the pain of racial inequity has been brought to the forefront of public awareness. Confectionery reported negative growth due to reduced demand for on-the-go products, but market share improved overall. Organic growth of 3.0%, with continued strong real internal growth (RIG) of 2.5% and pricing of 0.5%. Learn about our strategy, sales and results or download our investor seminar presentations. Nestlé Health Science reported double-digit growth, reflecting elevated demand for products that support health and the immune system. Net debt increased to CHF 33.4 billion as at June 30, 2020, compared to CHF 27.1 billion at December 31, 2019. 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. Business continuity plans are established. By product category, coffee, Purina PetCare and culinary products all grew at a double-digit rate. After a stronger-than-expected start to the year, organic growth moderated in the second quarter to 1.3%, reflecting the severe impact of movement restrictions on out-of-home businesses and some consumer destocking. The contraction in Wyeth infant formula sales moderated. Nestlé Annual Report 2013 I Financial review. The COVID-19 crisis has led to profound changes in operating environments across markets. 13 Feb 2020 --- Industry giants Nestlé, DSM and Bühler have released their respective annual financial overviews for 2019. 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. Water and confectionery saw negative growth, due to their high exposure to the out-of-home channel and on-the-go consumption. Growth in confectionery turned slightly negative, following reduced demand for impulse and gifting products. The continuously evolving challenges in the economic and business environment impacted the … Go to Investors. Portfolio management, reduced in-store activation during lockdowns and the Direct-Store-Delivery transformation more than offset COVID-19 related costs and commodity inflation. Read about our latest financial results. * 2019 figures restated following the decision to integrate the Nestlé Waters business into the Group’s three geographical Zones, effective January 1, 2020. In January, Nestlé completed the sale of its U.S. ice cream business for USD 4 billion to Froneri, the successful global joint venture with PAI Partners. Pricing contributed 0.2% and was positive in all three Zones in the second quarter. Nestlé’s reputation is based on consumers’ trust. Nestlé's share buyback program contributed 1.4% to the underlying earnings per share increase, net of finance costs. Restructuring expenses and net other trading items were CHF 186 million. The underlying trading operating profit margin decreased by 20 basis points to 22.7%. Sales in Brazil grew at a high single-digit rate. Apprentices across nine factories are receiving on-the-job training and virtual classroom instruction. The underlying trading operating profit margin grew by 40 basis points to 18.3%. Sales in Europe decreased, reflecting significantly reduced demand in the out-of-home channel and boutique closures. 2020 : Quarter I: Quarter II: Vegetarian and plant-based food products grew by 40%, supported by further expansion of Garden Gourmet in Europe and increased growth for Sweet Earth in the United States. Lahore (February 26, 2020): Nestlé Pakistan posted a revenue of PKR 116 billion for 2019, a 3.9% reduction from 2018. In June, Wyeth launched the locally manufactured Belsol infant formula brand, strengthening its offering in the super premium segment and in lower-tier cities. After an exceptionally strong start to the year, organic growth turned negative in the second quarter due to a sharp sales decline in the out-of-home channel, particularly for water, and Nestlé Professional. Nespresso reported mid single-digit organic growth, with positive, Nestlé Health Science saw double-digit organic growth, entirely driven by. In the first half, the effects of COVID-19 on organic growth varied materially by geography, product category and sales channel, depending on the timing of outbreaks, scope of restrictions and consumer behavior: In the first half, COVID-19 related costs were CHF 290 million, including expenses for bonuses paid to frontline workers, employee safety protocols, donations and other staff and customer allowances. Mark Schneider, Nestlé CEO, commented:"COVID-19 continues to impact people around the world. The company’s supply chain has proven resilient, as manufacturing and distribution facilities continued to operate without significant disruptions. Reported sales in Other Businesses decreased by 24.8% to CHF 4.4 billion. India performed well, supported by NAN, Everyday and Nescafé. Infant cereals and Purina PetCare continued to grow at strong double-digit rates. 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%. Search for jobs here. South Asia reported mid single-digit growth. Free cash flow decreased by 19.1% to CHF 3.3 billion. In the first half, the Group repurchased CHF 4.2 billion of Nestlé shares as part of the three-year CHF 20 billion share buyback program, which began in January. The underlying trading operating profit (UTOP) margin reached 17.4%, up 30 basis points. North America saw mid single-digit organic growth, with strong, Latin America maintained mid single-digit organic growth, with positive. Nestlé Nigeria Announces Q3 Results Nestlé Nigeria PLC announced its financial results for the 9-month period ending 30 September 2020. Middle East and North Africa posted low single-digit organic growth. The underlying trading operating profit margin increased by 260 basis points to 22.2%. I would like to thank every member of the Nestlé team for their dedication and hard work in the face of incredible challenges. Net profit grew by 18.3% to CHF 5.9 billion. The Zone returned to positive growth in the second quarter, helped by improved trading conditions in China. Vevey, July 30, 2020 . Total reported sales decreased by 9.5% to CHF 41.2 billion. Earnings per share increased by 22.2% to CHF 2.06 on a reported basis. By product category, the largest growth contributor was Purina PetCare, led by its premium brands Purina Pro Plan and Purina ONE. 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 The content of this section relates to figures published in our 2014 Consolidated Financial Statements, published on February 19 2015. In the beverages category, Starbucks at-home products, Nescafé and Coffee mate grew at double-digit rates. Water reported negative growth, impacted by reduced sales in the out-of-home channel. The company posted a profit of Rs. 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. Overall, the other product categories performed well and posted high single-digit growth. Organic growth reached 2.8%, with real internal growth (RIG) of 2.6% and pricing of 0.2%. Reduced in-store activation during lockdowns and lower commodity spend outweighed COVID-19 related costs. Nestlé is the world’s largest food and beverage company. It is present in 191 countries around the world, and its 328,000 employees are committed to Nestlé’s purpose of enhancing quality of … Report published Nestlé Nigeria Q1 2019 Financial Results (pdf, ~1.10 Mb) Nestlé Nigeria Plc announced its financial results for the first quarter of 2019. Our full year 2014 results presentation (pdf, 1 Mb) gives Find out about our unique R&D capabilities and long track record of innovation. Organic growth of 6.1% was based on strong RIG of 5.5% and pricing of 0.6%. The trading operating profit (TOP) margin increased by 140 basis points to 16.9%. Pricing decreased by 0.4%, turning positive in the second quarter with improvements across all sub-regions. Nestlé Needs YOUth is our workforce initiative that provides job and training opportunities for young people across the globe. Trading operating profit decreased by 1.2% to CHF 7.0 billion. See all Nestlé financial results and sales: first quarter, half-year, nine-month, and full-year. Share this page. Reduced in-store activation during lockdowns and lower structural costs more than offset COVID-19 related costs and commodity inflation. Nestlé also completed the sale of a 60% stake in the Herta charcuterie (cold cuts and meat-based products) business to Casa Tarradellas. Nestlé has remained resilient in a rapidly changing environment, delivering solid organic growth and improved margins in the first half. Underlying earnings per share increased by 0.5% in constant currency, and decreased by 5.9% on a reported basis to CHF 2.01. 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. 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. Come here for news, press releases, statements and other multi-media content about Nestlé. Directors and Officers. Frozen food accelerated to double-digit growth, with increased sales for DiGiorno, Hot Pockets and Stouffer’s. Sub-Saharan Africa grew at a double-digit rate, led by strong sales development in South Africa. E-commerce sales gained momentum, driven by Nescafé and Starbucks products. Come here for news, press releases, statements and other multi-media content about Nestlé. Growth in emerging markets was 1.1%. The global economy has entered a recession, supply chains have been tested and consumer behavior has changed at a rapid pace. Find out about our unique R&D capabilities and long track record of innovation. 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). International premium brands saw positive growth in the United States, led by S.Pellegrino. Foreign exchange negatively impacted sales by 6.0%. These results demonstrate the agility of our business and the strength of our diversified portfolio across geographies, product categories and channels. Globally, at the end of June, 86% of boutiques had reopened. Nestlé reports full-year results for 2019 Organic growth of 3.5%, with real internal growth (RIG) of 2.9% and pricing of 0.6%. By product category, the key growth platforms were dairy, Purina PetCare and coffee. These results demonstrate the agility of our business and the strength of our diversified portfolio across geographies, product categories and channels. Sales in the Philippines grew at a double-digit rate, with elevated consumer demand for Bear Brand, Milo and Maggi. Among significant developments in 2019, Nestlé announced the sale of its US ice cream business and Herta charcuterie. Vitamins, minerals and supplements that support overall health and the immune system continued to experience elevated demand. When the pandemic started to spread. Amid the pandemic, we have scaled up online training to ensure continuity of our internship and apprenticeship programs. With headquarters in Switzerland, Nestlé has offices, factories and research and development centres worldwide. The company posted revenue of N 71.0 billion recording growth of 5.2% over the previous year. The Group reported tax rate decreased by 40 basis points to 27.1%. 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. Underlying trading operating profit decreased by 7.9% to CHF 7.2 billion. For the period January to September 2020, the company recorded a revenue of N 212.7 billion against a revenue of … 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. Zone EMENA grew at a low single-digit rate. Organic growth reached 5.3%, supported by robust RIG of 5.1%. In coffee, there was continued strong demand for Starbucks products. Nestlé quickly deployed effective measures to address this new reality. With consumer behavior evolving faster than ever, we are adapting to this new reality by strengthening our innovation, leveraging our digital capabilities and executing with speed. Dairy saw high single-digit growth, based on strong demand for fortified milks such as Nido and Bear Brand, as well as Coffee mate. Medical Nutrition experienced strong sales, particularly in pediatric food allergy, adult medical care and Vitaflo products for rare genetic diseases. Nestlé Pakistan Limited announces financial results for H1 2020. The Group closed the sale of a 60% stake in its Herta charcuterie (cold cuts and meat-based products) business to Casa Tarradellas in June. After a difficult start to the year, sales in China recovered and growth was almost flat in the second quarter. 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. More than one in six young people are out of work due to the COVID-19 pandemic while those who remain employed have seen their working hours cut, according to the International Labour Organization (ILO). Nestlé Pakistan announces financial results for Q1 2020 Back to Press releases Lahore (30 April 2020): Nestlé Pakistan posted a revenue of PKR 29.8 billion, an increase of 2.6% compared to the same period last year, despite many difficulties emanating from COVID-19 crisis. North America saw strong double-digit growth, with continued market share gains. 5.46 billion, down 36.66% as compared to a profit of Rs. Latin America maintained mid single-digit growth, with positive contributions from most geographies and product categories. Coffee was supported by strong momentum for Nescafé and Starbucks products. Everything you need to know about Nestlé is here: brands, key figures, milestones. Western Europe saw low single-digit growth with solid, Central and Eastern Europe had mid single-digit organic growth, with strong. Organic growth was 4.1% in developed markets, based entirely on RIG. 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.

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