The professional business also achieved high single-digit growth driven by successful product launches. Net profit decreased by 15.8% to CHF 7.2 billion and earnings per share decreased by 15.8% to CHF 2.32. Emerging markets overall delivered high single-digit growth. Annual Report 2017. The Share Capital of the Company stood at Rs. China returned to positive growth despite difficult comparables due to the timing of Chinese New Year. Commitment to our people Inspired people: Outstanding performance We support and encourage our people to grow in more than one dimension, to achieve all they can be both professionally and personally. Sorry, you need to enable JavaScript to visit this website. Growth remained soft in Nestlé Nutrition as sales were subdued in North America and declined in Brazil. Nespresso reported consistent mid single-digit growth, with positive growth in all regions and sustained mid-teen momentum in North America. The coffee creamer and petcare categories generated growth in North America, offset by declines in confectionery and ice cream. Nestlé announced on January 18, 2018 that its Board of Directors proposes Pablo Isla, Chief Executive Officer and Chairman of Inditex; Kasper Rorsted, Chief Executive Officer of adidas; and Kimberly A. Ross, former Chief Financial Officer of Baker Hughes, for election as new independent members of the Board of Directors. Nestle Q4 net seen up 24% YoY but demonetisation may hit QoQ nos. Seventh Annual Report 2017 Lapuran Tahunan 2017. Net divestments reduced reported sales by 0.5% but foreign exchange increased reported sales by 0.8%. Modern Slavery and Human Trafficking Report 2017 Nestlé in the UK 8 18 Our Policies The Nestlé Corporate Business Principles shape the way we do business and they form the basis of our culture, our values and our Creating Shared Value strategy. Learn about Nestlé’s brands and what we’re doing to make our products tastier and healthier. Michael Kwok U see Benalec up from 7.5-10 cents in here to as high as 15 cents 3 quarter of 2020.50-90 percent in before 6 month time.The thanaraj guy made mistake(rm 100k is rm 50k extra at least) and be egoistic. No B136737 Subscribed capital: EUR 440 000 . Underlying earnings per share in constant currency and capital efficiency are expected to increase. ABOUT THIS REPORT WELCOME TO THE NESTLÉ ANNUAL REVIEW 2018 The support of our diverse stakeholders is paramount to our success. This will enable the business to respond faster to rapidly-changing local consumer preferences, evolving regulation, and customer and channel demand for tailor-made solutions. Reported sales in Nestlé Nutrition increased by 0.5% to CHF 10.4 billion. The Zone achieved its highest growth in four years despite difficult comparables in the fourth quarter due to the timing of Chinese New Year. Reported sales in Zone EMENA decreased by 5.1% to CHF 16.5 billion. The Company has adopted Ind AS w.e.f. All data in this report pertains to Nestlé Purina in the United States, Canada and/or Latin America between Jan. 1, 2016 through Dec. 31, 2016, unless otherwise noted. This was largely driven by strong results in petcare and coffee. Contacts. North America had slightly positive organic growth driven entirely by. Nestlé Pakistan, as part of its global and local obligations, believes in Creating Shared Value for the communities it works with. derivatives are carried at fair value and all their gains and. Learn about our strategy, sales and results or download our investor seminar presentations. Nestlé Health Science maintained mid single-digit growth with positive. Organic growth was 0.7% in developed markets and 4.8% in emerging markets. losses, realised and unrealised, are recognised in the. During the financial year, Total assets of the Company stood at Rs. Total reported sales increased by 0.4% to CHF 89.8 billion (2016: CHF 89.5 billion). Search for jobs here. Our cost reduction initiatives delivered margin improvement ahead of 2017 expectations, in spite of considerable commodity price increases. As the publication revealed, organic growth for the business, which includes a number of confectionery brands such as KitKat, reached 3.5%, fully in line with guidance. Nestlé reports full-year results for 2017. Nestlé Health Science maintained solid growth driven by Medical Nutrition. There was modest improvement in China, driven by new organic offerings. Brazil had negative growth, reflecting price decreases and soft demand. 1. Organic growth slowed to 2.1% following a challenging second half of the year. Nespresso reported consistent mid single-digit growth, with positive momentum in all regions and sustained mid-teen growth in North America. During the financial year, Total assets of the Company stood at Rs. 09:00 CET Full-year results press conference webcast As announced on November 15, 2017, the Nestlé Board of Directors decided to change the organization of the infant nutrition business to enhance the company’s ability to win in this high-growth category. Foreign exchange had a minimal negative impact of 0.1%. The net dividend will be payable as from April 18, 2018. Tell us. Annual Financial Report for the year ended 31 December 2017 … Restructuring expenditure and net other trading items increased by CHF 900 million to CHF 1.5 billion due to the acceleration of restructuring projects. Box 353 Avenue Nestlé 55 1800 Vevey (Switzerland) Telephone : +41 21 924 64 00 Operating income during the year rose 12.8% on a year-on-year (YoY) basis. In case of doubt or differences of interpretation, the French version shall prevail over the English and the German text. The regional brands in North America faced weak demand and pricing pressure. Nestlé Annual Report 2013 - page 85. Sales growth in Europe and Asia was encouraging while North America and Brazil continued to see a challenging environment. Nestlé’s purpose is enhancing quality of life and contributing to a healthier ... are pleased to present the Annual Report along with the audited financial statements for the year ended December 31, 2019. During the past months, we have completed initial portfolio adjustments with very favorable results. �̾����>#�ƅ���ꗳ$G��G2���� ��vkG���)��=^#7Q���Y��F��IuS/��ts��~�`G�@���D?��������-��A�z���� ��=x�;%�Ȕ�ohW����q�۷3Vҝy�;�٬[� We are actively evolving our portfolio towards high-growth, high-margin categories which offer differentiation and value creation opportunities. Annual report and financial statements Strategic report Overview of the business On 1 October 2016, following the successful conclusion of the requited regulatory clearances, the entire activities of R&R Ice Cream plc (“R&R”) and part of the ice cream and frozen food businesses of Nestlé SA (“Nestlé… The company's operating profit increased by 24.9% YoY during the fiscal. 85. Subsequent to initial measurement, undesignated. Brazil maintained solid RIG in a difficult trading environment, but pricing was negative due to deflationary pressures. Global Initiatives. This improvement puts us on track to meet our 2020 target. Your answers can be found here. Organic growth of 2.4%, with 1.6% of real internal growth (RIG) and pricing of 0.8%. The Group determines the fair value of its financial. �Zp���t �w��,?JWǷ�� �(ӌ#��l�2���z����T؋b�kSA5��>�}�I�����,^�&t� �ӹY��x�n'��Ӑ8y��?I(D�s?Z��)�@k��V���S6�5�p&4��O��LT�U ����ut�cD�DgA By using this site, you agree to the use of cookies by Flickr and our partners as described in our cookie policy . La croissance interne réelle a été de 1,6% pourl’ensemble de l’année, à l’extrémité supérieure de la fourchette de l’industrie de l’alimentation et des boissons. 68,059.7 million. We have made good progress in the execution of our portfolio management strategy. Fair value . 794 0 obj <>stream This was based on a return to positive growth in China, which was achieved despite difficult comparables in the fourth quarter due to the timing of Chinese New Year. Nestlé has released its latest annual report for 2019, revealing an upturn in company performance and fast-tracking of 50 innovation projects across its international portfolio. Organic growth was subdued at 0.9%, with RIG of 0.2%, following a slowdown in North America. Michael Kwok U see Benalec up from 7.5-10 cents in here to as high as 15 cents 3 quarter of 2020.50-90 percent in before 6 month time.The thanaraj guy made mistake(rm 100k is rm 50k extra at least) and be egoistic. Download Nestlé Annual Report 2017 (4.23MB) Download Nestlé in Society Report 2017 (3.47MB) Download Nestlé Corporate Governance & Financial Report 2017 (0.56MB) Underlying earnings per share increased by 4.7% in constant currency and by 4.6% on a reported basis to CHF 3.55. Discover more about Nestlé in our About us section. The Board warmly thanks the three board members for their highly appreciated services and important contributions as directors. Growth of Nestlé Nutrition was impacted by negative results in Brazil, especially in the back half of the year. Nestle is well-positioned with high-quality brands that are valued by customers. Nestlé Finance International Ltd. In China, organic growth remained soft but saw some improvement in the back half of the year. income statement. Regarding our core portfolio, accelerating our growth through product innovation and renovation is high on the agenda. Annual Report Financial Statements Corporate Governance Report Nestlé in Society - Creating Shared Value and Meeting our Commitments. SUGAR Nestlé India Limited • Annual Report 201711 After more than a century-old association with the country, today, Nestlé India has presence across India with 8 manufacturing facilities, a presence across more than 3.5 million outlets nationwide, over 7,000 direct employees and impacts over a million lives. South Asia and the Middle East made strong contributions with mid single-digit growth. Nestlé Waters posted high single-digit growth in the international premium brands. Organic growth was strong at 4.7%. This result, the best since 2009, is higher than the average performance of around 8.0 % achieved by Swiss pension funds in general. 85. Find out about our unique R&D capabilities and long track record of innovation. It is a broadly described annual report of Nestlé India Limited in the year of 2017. Download Annual Report in PDF format 2020 2019 2018 2017 2016 Standalone ... 15.02.2017. Net divestments and foreign exchange reduced reported sales by 0.4% and 0.2%, respectively. RIG decelerated to 1.8%, reflecting softer growth across both North America and Europe. Share this page. Nestlé Annual Report 2013 I Consolidated Financial Statements. Total reported sales were CHF 89.8 billion, a 0.4% increase for the year. 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, Full-year results press conference webcast, Full-year results investor call audio webcast, Finanzielle Berichterstattung 2017 (pdf, 1 Mb), Corporate Governance Report 2017 (pdf, 2 Mb), Creating Shared Value Progress Report (pdf, 5Mb). Pricing of 0.8% was consistent with the prior year. Nestlé also reports half year financial results. The Management Committee of Malaysia Nestlé Retirees Association (MNRA) is pleased to present the Seventh Annual Report for 2017, together with the Audited Financial Report for the year ended 31st December 2017 and the report on MNRA activities. Annual report and financial statements 1 Strategic report Overview of the business Froneri Limited (“Froneri” or the “Group”) is a joint venture, which is owned and controlled in equal shares between the private equity firm PAI Partners (“PAI”) and Nestlé SA, (“Nestlé”). Everything you need to know about Nestlé is here: brands, key figures, milestones. All Board of Directors` proposals approved with strong majorities Three current directors, Andreas Koopmann, Steven G. Hoch and Naïna Lal Kidwai will not stand for re-election as they have reached the term limit. Shareholders entered in the share register with voting rights on April 5, 2018 at 12:00 noon (CEST) will be entitled to exercise their voting rights. Let us have a look at the detailed performance review of the company during FY17-18. Contact Fonds de Pensions Nestlé P. O. Reported sales in Zone AMS increased by 1.2% to CHF 28.5 billion. Contact Fonds de Pensions Nestlé P. O. Nestlé Lanka PLC | Annual Report 2019 7. Lesadaptations des prix de 0,8% ont été constantes par rapport à l’année précédente. Paul Bulcke and Mark Schneider. RIG remained solid at 1.7% and pricing improved to 0.6%, driven by a return to positive pricing in Western Europe. Mexico was resilient and other parts of Latin America sustained good momentum. Go to Creating Shared Value. Organic sales growth is expected to improve in 2018 and we are firmly on track for our 2020 margin improvement target.". Media: Robin Tickle Tel. Nestlé Nutrition’s underlying trading operating profit margin decreased by 10 basis points, mainly due to lower profitability in Brazil, where pricing was significantly impacted by deflationary pressures. Its 2017 sales were CHF 840 million. This was mainly driven by an improvement in Nestlé Skin Health, however the profitability of this business remained substantially below its historical level. Organic growth of 2.4% was at the low end of our expectations following slow growth of 1.9% in the fourth quarter. It includes our Financial Statements and Corporate Governance Report published on 16 February 2017. Sales growth in Europe and Asia was encouraging while North America and Brazil continued to see a challenging environment. This was partially offset by negative pricing. Nestlé Annual Report 2017. Excluding the confectionery business, growth in the United States was flat, reflecting soft consumer demand and challenging category dynamics. Full Year/Quarter Reports. Confectionery, culinary and dairy all delivered improved growth, helped by successful product launches. The Zone’s underlying trading operating profit margin improved by 60 basis points, as ongoing restructuring projects reduced structural costs. Compliance Concerns. Dedicated to our purpose of enhancing quality of life and contributing to a healthier future, we feel a deep sense of responsibility to fulfil our promise of ‘GOOD FOOD, GOOD LIFE’. Nestlé India Limited • Annual Report 2016 13. Let us know your concerns. Middle East and North Africa saw mid single-digit organic growth, both. Back to Press releases. To The Top. Transparency and openness are central in our communications with our … In order to maintain all available options for the benefit of Nestlé’s shareholders, the Board of Directors has decided not to renew this agreement. We have full confidence in L’Oréal’s management and strategic direction. Share this page . This press release is also available in Français (pdf) and Deutsch (pdf). The Annual Report contains Nestlé's Annual Review including Creating Shared Value highlights. Whether you have years of work experience or you just graduated, there’s a job opportunity for you at Nestlé. 12.01.2017. Signup for Global Nestlé News. Sixth Annual … It boasts 29 brands that earn annual retail revenue in excess of US$1billion (Annual Report 2016). The Annual Report contains Nestlé's Annual Review including Creating Shared Value highlights. Nestlé Finance International Ltd. Nespresso posted good organic growth, with sustained mid-teen momentum in North America. This annual report features images taken from our new website www.fpn.ch. The underlying trading operating profit margin increased by 20 basis points to 12.7%. Central and Eastern Europe achieved mid single-digit organic growth, driven entirely by RIG. Nestlé Waters saw high single-digit growth in the international premium brands. As announced on December 5, 2017, we agreed to acquire privately-held Atrium Innovations, a global leader in nutritional health products for USD 2.3 billion in cash. Restructuring costs2 are expected at around CHF 700 million. In 2018, we expect organic sales growth between 2% and 4%, and underlying trading operating margin improvement in line with our 2020 target. Europe maintained low single-digit organic growth on a full-year basis. It was formed on 1 October 2016, as a … Seventh Annual Report 2017 Lapuran Tahunan 2017. Organic growth in Zone AMS was subdued and decelerated in the back half of the year. It also contains the Corporate Governance & Compensation Reports and the Financial Statements, which were first published on February 13, 2020, and remain unchanged. Nestlé remains fully committed to retain and develop the Gerber baby food business, which is an integral part of our infant nutrition growth platform. About CSV. Nestlé reports full-year results for 2017; Nestlé reports full-year results for 2017. The regional brands in North America faced weak demand and pricing pressure. RIG was solid in the developed markets but pricing remained negative. �6��Vƻ5�FV�r������;�G���B�����`#�i�-��,�D��e�k�2�̑�[�m��6�8��'�v�S�`��S�1ױ���y���rk��?�� +l,>Tw�ї��д��;Fe��u����>eH��������PG��E�^B-��g�P`uu�0�h���5�:����. Good food, good life – that is what we stand for. The Zone’s underlying trading operating profit margin improved by 20 basis points as pricing, operational efficiencies and structural cost savings more than offset an increase in commodity costs. 8 www.nestle.lk | | 2019 9 Table of Contents 10 │2019 Highlights ... 43 │Annual Report of the Board of Directors on the Affairs of the ... ≈ (2017 – 2019) ‡ (2009-2019 per tonne of production) 12 www.nestle.lk | ;��q��Z}�wV� NESTLE Income Statement Analysis. Nestlé Group Investing in Science to Drive Innovation in India Global portfolio of several brands and patents Proprietary technologies and know-how developed by the global network of R&D centres Expertise across operations, commercial and support functions Nestlé India Limited • Annual Report … Nestlé S.A. complies with the recommendations of the Swiss Code of Best Practice for Corporate Governance, as in force at December 31, 2019. There was a return to slightly positive growth in China, helped by the stabilization of Yinlu and solid contributions across coffee, ice cream and culinary products. The Annual Report contains Nestlé’s Annual Review including the 2017 Creating Shared Value achievements, the Corporate Governance & Compensation Reports and the Financial Statements. This business was part of the Gerber acquisition from Novartis in 2007. ����3}�}"r譔ɚ߄R�r��`Ňg����h>�v���~�K�0+� *�YIg:z�D�M� 7 Subsequent to initial measurement, undesignated. ... ≈ (2017 – 2019) ‡ (2008 – 2019 per tonne of production) Share this page. Everything you need to know about Nestlé is here: brands, key figures, milestones. Nestlé Annual General Meeting. This was mainly due to an impairment of goodwill related to Nestlé Skin Health, which was taken to reflect the current prospects of the business. Discover more about Nestlé in our Creating Shared Value section. Significant deflation in Brazil’s dairy market resulted in negative pricing and demand remained weak. Good food, good life – that is what we stand for. This was achieved in a volatile economic environment and despite some impact from natural disasters. The United States had slightly positive organic growth driven by price increases. Petcare had another strong year in Latin America, with double-digit growth across the region. This was driven by working capital development, which saw a slower rate of improvement following the exceptionally large reduction in the prior year. Mark Schneider, Nestlé CEO, said: "Our 2017 organic sales growth was within the guided range but below our expectations, in particular due to weak sales development towards the end of the year. Explore Nestlé's online Annual Report to find out more about our value-creation strategy, highlights of the past year and key figures. Nestlé reports full-year results for 2017, Follow today's events live Nestlé’s Board of Directors has decided to explore strategic options, including a potential sale, for its Gerber Life Insurance business. As a result of the United States Tax Reform, we expect a reduction in our United States corporate tax expenses of around CHF 300 million per year, as from January 2018. Investors: Dessi Temperley Tel. Nestlé Annual Report 2017. South-East Asia and South Asia maintained good organic growth, with strong, Sub-Saharan Africa saw strong double-digit growth with positive, Developed markets remained solid, with good. Growth remained strong across Latin America and solid in AOA. There was good growth in sub-Saharan Africa, South-East Asia and South Asia, despite some impact on organic growth from the implementation of GST in India. Everything you need to know about Nestlé is here: from our history to key figures and milestones. Nestlé Finance International Ltd. Growth in China remained soft but did improve compared to the prior year, driven by new organic offerings for NAN and illuma. Pricing remained limited at 0.3% in a deflationary environment. Net acquisitions decreased reported sales by 0.8% and foreign exchange had a positive 1.0% impact. La croissance organique de 2,4% s’est située au niveau inférieur de la fourchette des prévisions, en raison d’unecroissance lente de 1,9% au cours du quatrième trimestre. Growth was broad-based across the Zone, with a notable acceleration in Nestlé Professional and petcare. This improvement was driven by price increases, portfolio management, operational efficiencies and structural cost savings. North America saw slightly negative organic growth with positive pricing. %PDF-1.6 %���� Reported sales in Other Businesses increased by 5.0% to CHF 10.2 billion. : +41 21 924 35 09 NESTLE has announced its results for the year ended December 2018. The underlying trading operating profit margin grew by 80 basis points to 18.1%. The comprehensive re-launch of Gerber’s baby food range is in progress, including new organic and natural lines. 2015 Annual Report
To The Top. Mexico maintained resilient mid single-digit growth, mainly coming from pricing. The strong growth of the international brands also drove improved profitability through premiumization. The business also introduced its Vertuo system in the UK and in Australia, building on previous successful launches in the USA, Canada and France. We do not intend to increase our stake in L’Oréal and are committed to maintaining our constructive relationship with the Bettencourt family. Operational efficiency savings helped to offset cost increases from commodity inflation and foreign exchange. Come here for news, press releases, statements and other multi-media content about Nestlé. In case of doubt or differences of interpretation, the French version shall prevail over the English and the German text. As a consequence, trading operating profit decreased by 3.4% to CHF 13.2 billion. Free cash flow declined from CHF 10.1 billion to CHF 8.5 billion. RIG was 1.6% for the full-year and remained at the high end of the food and beverage industry. Feb 15, 2018. Trading operating profit margin decreased by 60 basis points on a reported basis to 14.7%, in line with our October 2017 expectations. Creating Shared Value Report 2017 by Nestlé This site uses cookies to improve your experience and to help show ads that are more relevant to your interests. Nestlé Group reports its Sales and Results both by Management Responsibility and Geographic Area as well as by Product Groups. The Management Committee of Malaysia Nestlé Retirees Association (MNRA) is pleased to present the Seventh Annual Report for 2017, together with the Audited Financial Report for the year ended 31st December 2017 and the report … The underlying trading operating profit margin of Other Businesses increased by 50 basis points to 15.9%. Back Go to About CSV. Western Europe maintained positive organic growth with balanced contributions of. Nestlé Annual Report 2017. ... 2017 have been followed in preparation of the financial Vevey, 6 April 2017. Organic growth in Zone AOA had a good balance of RIG and pricing. 2016 information has been restated following the change of business structure, effective as from 1st January 2017, for Nestlé Professional (NP) from a Globally Managed to a Regionally Managed Business. The total R&D spending of Nestlé in 2017 was 1.724 billion Swiss francs. In case of doubt or differences of interpretation, the French version shall prevail over the English and the German text. Annual Report 2017. The United States was subdued with slightly positive growth in the context of ongoing weak category dynamics. 964.2 million. The new organization creates a more agile and efficient structure. The Nestlé Corporate Governance Report 2019 follows the SIX Swiss Exchange Directive on Information relating to Corporate Governance. The shareholders agreement between Nestlé and the Bettencourt family is due to expire on March 21, 2018. Organic growth increased to 2.3% as the Zone finished the year with good momentum, reporting two consecutive quarters in excess of 3%. The transaction is expected to close in the first quarter of 2018, following the completion of customary approvals and closing conditions. Mark Schneider, Nestlé CEO, said: "Our 2017 organic sales growth was within the guided range but below our expectations, in particular due to weak sales development towards the end of the year. losses, realised and unrealised, are recognised in the. Net divestments reduced sales by 1.9% and foreign exchange had a minimal negative impact of 0.1%. Reported sales in Zone AOA increased by 2.0% to CHF 16.2 billion. In addition, the tax rate reduction triggered a one-time deferred tax gain in 2017 of around CHF 850 million. Financial instruments It keeps increasing its R&D spending every year, which is very high as compared to its close competitors, thereby giving it a competitive advantage. However, foreign exchange effects increased reported sales by 0.6%. Box 353 Avenue Nestlé 55 1800 Vevey (Switzerland) Telephone : +41 21 924 64 00 The underlying trading operating profit margin increased by 20 basis points to 20.1%. Annual Financial Report for the year ended 31 December 2018 - 3 - Financing operations reported a net loss of EUR 49.6 million for the financial year ended 31 December 2018 compared to a net profit of EUR 4.6 million for the financial year ended 31 December 2017. Net divestments and foreign exchange reduced reported sales by 0.5% and 1.4%, respectively. 004 Nestlé Nigeria Plc Annual Report 2017 Locating Nestlé's world-class factories and facilities in rural areas attracts further investments and galvanizes the industrialization of those rural communities by creating employment and skills development opportunities for those who live closest to these factories. Nestlé Skin Health saw slightly improved growth. The R&D Centre in Abidjan, Côte d’Ivoire opened in 2009; is the only one of this kind on the African continent. Jawatankuasa Pengurusan Persatuan Pesara Nestle Mlaysia (MNRA) dengan sukacitanya … La croissance organique a étéde 0,7% dans les marchés développés et de 4,8% dans les marchés émergen… At the Annual General Meeting on April 12, 2018, the Board of Directors will propose a dividend of CHF 2.35 per share, an increase of 5 centimes. NESTLE has announced its results for the year ended December 2018. Nestlé Waters faced higher commodity costs in 2017. Our shareholding in L’Oréal continues to be an important investment for us and we remain committed to the company that has given us very good returns over the years. Organic growth in the United States was slightly negative, as weak consumer demand persisted throughout the year, resulting in stagnant food and beverage category growth. The Share Capital of the Company stood at Rs. Around 96% of the UK household consume Nestle brands that employ 20% of the total employees globally mainly in UK 19 sites (Nestle annual report 2018). All categories reported positive growth, led by coffee, petcare and Nestlé Health Science. Restructuring costs. Softer pricing of 0.7% reflected a lower contribution from Latin America, mainly Brazil. income statement. 14:00 CET Full-year results investor call audio webcast As the publication revealed, organic growth for the business, which includes a number of confectionery brands such as KitKat, reached 3.5%, fully in line with guidance. Modern Slavery and Human Trafficking Report 2017 – Nestlé in the UK 2 18 Introduction 3 Organisational structure and supply chains 4 Our approach to human rights, modern slavery and human trafficking 5 Our Policies 8 Due Diligence 9 Monitoring 11 Looking ahead 17. Lasting satisfaction is about combining the intellectual, the emotional, the personal and the social. The trading operating profit margin decreased by 60 basis points on a reported basis to 14.7%, in line with our guidance. 121. Excluding confectionery, growth in the United States was flat. 14. Board proposals to the Annual General Meeting . It is a broadly described annual report of Nestlé India Limited in the year of 2016. For more information about Nestlé in society, see our new Creating Shared Value report. 1 st January, 2017 with a transition date of 1 st January, 2016. NESTLE Annual Report 2017 Let me clarify first, I only write down those things which I think is important for me, so is not covering everything in the annual report, if you really interested at NESTLE, is better to read the annual report by yourself~ Let's start now.