Nestlé’s reputation is based on consumers’ trust. Nestlé S.A. 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. Filter results by Most relevant. See all Nestlé financial results and sales: first quarter, half-year, nine-month, and full-year. Globally, at the end of June, 86% of boutiques had reopened. Read their profiles Portfolio management is fully on track. Reduced in-store activation during lockdowns and lower structural costs more than offset COVID-19 related costs and commodity inflation. Whether you have years of work experience or you just graduated, there’s a job opportunity for you at Nestlé. Nestlé Professional, confectionery, ready-to-drink products and water all posted negative growth due to their exposure to the out-of-home channel. These results demonstrate the agility of our business and the strength of our diversified portfolio across geographies, product categories and channels. 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. Confectionery reported negative growth due to reduced demand for on-the-go products, but market share improved overall. 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. Underlying earnings per share in constant currency and capital efficiency are expected to increase. 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 Directors and Officers. Gross profit for the period stood at N 31.5 billion, compared to N 25.8 billion during the previous year. Total reported sales decreased by 9.5% to CHF 41.2 billion. The underlying tax rate was stable at 21.4%. The contraction in Wyeth infant formula sales moderated. The company posted a net […] 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 company posted a profit of Rs. Sales in Brazil grew at a high single-digit rate. Factors affecting results. Reported sales in Other Businesses decreased by 24.8% to CHF 4.4 billion. Water reported negative growth, impacted by reduced sales in the out-of-home channel. 14:00 CEST Investor call audio webcast Sub-Saharan Africa recorded double-digit organic growth, led by strong, Japan and Oceania had negative organic growth, with negative. 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%. Nestlé in Sri Lanka. AOA grew at a double-digit rate, with positive contributions from most markets. Gross profit for the period stood at N 31.5 billion, compared to N 25.8 billion during the previous year. International premium brands saw positive growth in the United States, led by S.Pellegrino. Nestlé Pakistan announces financial results – boasts 29.8 billion in revenue. North America grew at a mid single-digit rate, supported by strong RIG in most product categories. Underlying trading operating profit decreased by 7.9% to CHF 7.2 billion. Culinary saw elevated demand across all segments, particularly Maggi and Garden Gourmet’s plant-based products. 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 underlying trading operating profit margin grew by 40 basis points to 18.3%. The underlying trading operating profit margin increased by 260 basis points to 22.2%. Organic growth of 6.1% was based on strong RIG of 5.5% and pricing of 0.6%. Lahore (February 26, 2020): Nestlé Pakistan posted a revenue of PKR 116 billion for 2019, a 3.9% reduction from 2018. Learn about Nestlé’s brands and what we’re doing to make our products tastier and healthier. Organic growth was 4.1% in developed markets, based entirely on RIG. The content of this section relates to figures published in our 2014 Consolidated Financial Statements, published on February 19 2015. Divestitures reduced sales by 24.9%, largely related to the divestment of Nestlé Skin Health. South Asia reported mid single-digit growth. Innovation is at the heart of Nestlé. 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. Share this page. The Zone's underlying trading operating profit margin increased by 40 basis points. Good food, good life – that is what we stand for. Mark Schneider, Nestlé CEO, commented:"COVID-19 continues to impact people around the world. Persona, the subscription-based personalized vitamin business, more than tripled its sales. The improvement was broad-based across product categories. 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. The purchase of the shares of Nestlé Nigeria further cements the position of Nestlé S.A’s as the majority shareholder of the company. Nestlé Nigeria Announces Q3 Results Nestlé Nigeria PLC announced its financial results for the 9-month period ending 30 September 2020. Mexico saw low single-digit growth. In June, Wyeth launched the locally manufactured Belsol infant formula brand, strengthening its offering in the super premium segment and in lower-tier cities. 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. Nestlé Needs YOUth is our workforce initiative that provides job and training opportunities for young people across the globe. Foreign exchange had a negative impact of 7.7%, mainly due to currency depreciations in Latin America. Organic growth was 2.4%, with solid RIG of 2.8%, supported by favorable mix. 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. These results demonstrate the agility of our business and the strength of our diversified portfolio across geographies, product categories and channels. Nestlé reports full-year results for 2018. 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. Reported sales in Other Businesses decreased by 24.8% to CHF 4.4 billion. Coffee, dairy, ice cream, culinary and confectionery all returned to positive growth. Nestlé Professional posted a double-digit sales decline, in line with channel dynamics. Back Go to History. India performed well, supported by NAN, Everyday and Nescafé. Learn about our strategy, sales and results or download our investor seminar presentations. Outside of China, infant nutrition saw good sales momentum. Mark Schneider, Nestlé CEO: "We are encouraged by our first half results and have made further progress toward our 2020 financial goals. Nestlé Canada is committed to providing timely, accurate and comprehensive information about our company. In the beverages category, Starbucks at-home products, Nescafé and Coffee mate grew at double-digit rates. Sorry, you need to enable JavaScript to visit this website. Nespresso grew at a mid single-digit rate, supported by significant sales acceleration for e-commerce and the Vertuo system. Go to About us. Our Starbucks products continued to grow at a double-digit rate, driven by further global expansion and the launch of new offerings. Net profit grew by 18.3% to CHF 5.9 billion. Water and confectionery saw negative growth, due to their high exposure to the out-of-home channel and on-the-go consumption. Search for jobs here. Among significant developments in 2019, Nestlé announced the sale of its US ice cream business and Herta charcuterie. Nestlé Pakistan Limited has announced its financial results for the first nine months of 2019. By product category, the largest growth contributor was Purina PetCare, led by its premium brands Purina Pro Plan and Purina ONE. 5.46 billion, down 36.66% as compared to a profit of Rs. Nestlé is the world's leading Nutrition, Health and Wellness company. Sorry, you need to enable JavaScript to visit this website. Contacts: As part of this process, the Group agreed to sell the Canadian Nestlé Pure Life business to Ice River Springs in July. 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. 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. Organic growth of 3.0%, with continued strong real internal growth (RIG) of 2.5% and pricing of 0.5%. Lagos-Nigeria, May: Nestlé Nigeria Plc announced its financial results for the first quarter of 2019. Foreign exchange negatively impacted sales by 6.0%. By product category, the key growth platforms were dairy, Purina PetCare and coffee. Everything you need to know about Nestlé is here: brands, key figures, milestones. Sub-Saharan Africa grew at a double-digit rate, led by strong sales development in South Africa. Zone EMENA grew at a low single-digit rate. Last updated ... Soutěž Adapterra Awards ve spolupráci s Nestlé zahajuje druhý ročník číst více Více inovací v plastových obalech. 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. Learn about Nestlé’s brands and what we’re doing to make our products tastier and healthier. The company has also accelerated the development of its digital capabilities and expanded e-commerce and online communication. 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%. Nestlé also completed the sale of a 60% stake in the Herta charcuterie (cold cuts and meat-based products) business to Casa Tarradellas. In April, Nestlé completed the acquisition of Lily's Kitchen, a premium natural pet food business. Back ... Read about our latest financial results. Business continuity plans are established. Investors. In coffee, there was continued strong demand for Starbucks products. Nestlé's share buyback program contributed 1.4% to the underlying earnings per share increase, net of finance costs. Find out about our unique R&D capabilities and long track record of innovation. The COVID-19 crisis has led to profound changes in operating environments across markets. Good food, good life – that is what we stand for. Divestitures reduced sales by 0.5% and foreign exchange negatively impacted sales by 7.0%. Vitamins, minerals and supplements that support overall health and the immune system continued to experience elevated demand. When the pandemic started to spread. Familiarisation Programme. 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. The Group reported tax rate decreased by 40 basis points to 27.1%. Nestlé India - Directors and officers, key figures, stock and financials, Code of Business Conduct. : +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. Christoph Meier  Tel. North America saw mid single-digit organic growth, with strong, Latin America maintained mid single-digit organic growth, with positive. In May, the Group completed the purchase of the Zenpep business from Allergan. Nestlé quickly deployed effective measures to address this new reality. Reported sales in Zone AOA decreased by 8.5% to CHF 10.1 billion. Amid the pandemic, we have scaled up online training to ensure continuity of our internship and apprenticeship programs. Frozen food accelerated to double-digit growth, with increased sales for DiGiorno, Hot Pockets and Stouffer’s. Organic growth reached 2.8%, with RIG of 2.6%. Your answers can be found here. 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. ", * 2019 figures restated following the decision to integrate the Nestlé Waters business into the Group’s three geographical Zones, effective January 1, 2020. Organic growth of 6.1% was based on strong RIG of 5.5% and pricing of 0.6%. 2020 Outlook: We expect full-year organic sales growth between 2% and 3%. 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. Luca Borlini  Tel. The underlying trading operating profit (UTOP) margin reached 17.4%, up 30 basis points. Net profit margin increased by 340 basis points to 14.3%, benefiting from one-off income related to divestitures and improved operating performance. Your answers can be found here. Investors: The organic growth was composed of 3.9% real internal growth and pricing of 3.6%. Baking products, including Toll House and Carnation, continued to see exceptional demand. 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. Underlying earnings per share increased by 0.5% in constant currency, and decreased by 5.9% on a reported basis to CHF 2.01. Dairy saw high single-digit growth, based on strong demand for fortified milks such as Nido and Bear Brand, as well as Coffee mate. 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. The increase reflected the dividend payment of CHF 7.7 billion and share buybacks of CHF 4.2 billion, which more than offset free cash flow generation and a net cash inflow from divestitures and acquisitions. Sales in the Philippines grew at a double-digit rate, with elevated consumer demand for Bear Brand, Milo and Maggi. The launch of Pro Plan LiveClear, the first allergen-reducing cat food, resonated strongly with cat owners. Growth in confectionery turned slightly negative, following reduced demand for impulse and gifting products. 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. Western Europe saw low single-digit growth with solid, Central and Eastern Europe had mid single-digit organic growth, with strong. Nestlé has remained resilient in a rapidly changing environment, delivering solid organic growth and improved margins in the first half. Organic growth was -2.2%, with RIG of -2.7% and pricing of 0.5%. 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). Margin expansion was supported by portfolio management and stronger operating performance. History. Maggi saw solid growth, despite temporary supply chain constraints in the second quarter. We stand with all those affected and are committed to helping where we can. The company posted revenue of N 71.0 billion recording growth of 5.2% over the previous year. Water gained market share but recorded negative growth due to a substantial sales drop in the out-of-home channel. 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). 13 Feb 2020 --- Industry giants Nestlé, DSM and Bühler have released their respective annual financial overviews for 2019. The Zone's underlying trading operating profit margin decreased by 20 basis points. In the first half, Nestlé saw sustained momentum in the Americas and positive sales development in Zone EMENA. Prepared dishes and cooking aids grew at a mid single-digit rate, with strong momentum in frozen foods. Foreign exchange reduced sales by 6.3%. It is present in 191 countries around the world, and its 328,000 employees are committed to Nestlé’s purpose of enhancing quality of … The trading operating profit margin reached 16.9%, an increase of 140 basis points in constant currency and on a reported basis. The finance team drives our growth platforms, supports our operational pillars, leverages our competitive advantage and always delivers. Commodity inflation and COVID-19 related costs outweighed reduced in-store activation during lockdowns. Pricing contributed 0.2% and turned positive in the second quarter, with broad-based improvements. The underlying trading operating profit margin of Other Businesses increased by 260 basis points, with positive contributions from both Nespresso and Nestlé Health Science. Particularly in low- and middle-income countries, up to 75% of young people work in the informal economy with no job security and little to no social protection. Each region saw positive growth, with strong momentum in Russia. Disciplined execution and fast innovation contributed to improved organic growth and profitability. Whether you have years of work experience or you just graduated, there’s a job opportunity for you at Nestlé. The underlying trading operating profit margin reached 17.4%, an increase of 30 basis points in constant currency and on a reported basis. The strategic review of the Yinlu peanut milk and canned rice porridge businesses in China is ongoing. Organic growth reached 2.8%, with real internal growth (RIG) of 2.6% and pricing of 0.2%. South Asia reported mid single-digit organic growth, mainly based on pricing.