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Nestle SA
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Nestle SA
Investor Relations

Nestlé SA ist eines der weltweit größten Unternehmen für verpackte Lebensmittel und Getränke. Es stellt Alltagsprodukte wie Kaffee, Trinkwasser in Flaschen, Säuglingsnahrung, Frühstückscerealien, Milchprodukte, Tiefkühlgerichte, Kochhilfen, Süßwaren und Tiernahrung her und vertreibt diese. Seine Marken werden über Lebensmittelgeschäfte, Convenience-Shops, Restaurants und andere Food-Service-Kanäle verkauft, wobei die Kundschaft von einzelnen Verbrauchern bis hin zu großen Einzelhändlern und Distributoren reicht. Das Unternehmen erzielt Einnahmen durch die Herstellung markengebundener Konsumgüter und deren Verkauf über ein breites Vertriebsnetz. Der Großteil des Umsatzes stammt aus wiederkehrenden Käufen von Artikeln, die Menschen regelmäßig kaufen, was dem Geschäft ein stabiles Profil eines Konsumgüterunternehmens verleiht. Darüber hinaus werden Erlöse aus Food-Service-Produkten und Tierernährung erzielt, wobei Produkte geliefert werden, die zu Hause, in Kliniken und in professionellen Einrichtungen verwendet werden. Was das Geschäftsmodell von Nestlé unterscheidet, ist seine Rolle als globaler Eigentümer vieler Haushaltsmarken in mehreren Lebensmittelkategorien und nicht als Ein-Produkt-Unternehmen. Diese Diversifikation hilft, verschiedene Verbrauchergeschmäcker, Anlässe und Einkommensniveaus zu erreichen, während die Größe des Unternehmens eine starke Regalpräsenz und Verhandlungsmacht gegenüber Einzelhändlern ermöglicht. Einfach ausgedrückt steht Nestlé zwischen Landwirten und Zutatenlieferanten auf der einen Seite und den alltäglichen Verbrauchern auf der anderen Seite und verwandelt Rohstoffe in markengebundene verpackte Produkte, die die Menschen immer wieder kaufen.

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Letzter Earnings Call
Geschäftsperiode
Q2 2023
Datum des Calls
27. Jul 2023
KI-Zusammenfassung
Q2 2023

Organic Growth: Nestlé reported strong first-half organic growth of 8.7%, leading management to raise full-year organic growth guidance to 7–8% and express confidence in reaching the high end of this range.

Margins: Gross margin improved sequentially and is expected to rise materially in the second half. The underlying trading operating profit margin increased by 20 basis points to 17.1%.

Pricing & Inflation: Pricing contributed 9.5% to growth in response to significant cost inflation, while volume and mix (RIG) declined 0.8%. Input cost inflation remains high, especially for commodities like coffee, sugar, and cocoa.

Portfolio Actions: Portfolio optimization, including SKU reductions and the exit from Canadian frozen foods, impacted volumes but is supporting better focus and service levels.

Free Cash Flow: Free cash flow more than doubled to CHF3.4 billion, driven by working capital improvements and the sale of the Prometheus Biosciences stake.

Marketing Investment: Marketing and advertising spend increased in H1 and will rise further in H2, supporting future growth.

Segment Highlights: PetCare and Confectionery led growth; coffee margins declined due to input cost inflation despite strong sales for Starbucks and Nespresso.

Guidance: All other 2023 guidance items were confirmed, including margin and EPS targets.

Wichtige Finanzkennzahlen
Organic Growth
8.7%
Pricing
9.5%
Real Internal Growth (RIG)
-0.8%
Reported Sales
CHF46.3 billion
Underlying Trading Operating Profit
CHF7.9 billion
Underlying Trading Operating Profit Margin
17.1%
Gross Margin
45.6%
Net Profit Margin
12.2%
Free Cash Flow
CHF3.4 billion
Advertising & Marketing Expense
7.1% of sales
Underlying Earnings Per Share
CHF2.43
Aufzeichnung des Earnings Calls
Weitere Earnings Calls
2023
2022
2021
2020
2018

Geschäftsleitung

Mr. Laurent Freixe
CEO & Member of Executive Board

Laurent Freixe is a high-ranking executive at Nestlé, one of the world's largest food and beverage companies. He joined Nestlé in 1987 and has held various significant positions within the company over the years. Throughout his tenure, Freixe has been instrumental in shaping Nestlé's business strategies and growth, particularly in emerging markets. He has served in various leadership roles, including as Head of the Nutrition Strategic Business Division and Market Head in different geographic locations. Freixe distinguished himself as the CEO of Nestlé Middle East, and later as the Executive Vice President and Zone Director for Zone Americas, which includes responsibilities for the United States, Canada, and Latin America, overseeing a significant portion of Nestlé's global business. Laurent Freixe is known for his strong leadership skills, commitment to sustainability, and focus on innovation. His efforts have contributed to Nestlé's reputation as a leader in nutrition, health, and wellness, and he plays a pivotal role in driving Nestlé's sustainability initiatives and corporate social responsibility efforts globally. Freixe's leadership is marked by a deep understanding of cultural nuances, which has helped in successfully localizing global strategies to fit regional markets. Throughout his career, Freixe has championed various programs aimed at fostering youth employment and entrepreneurship, reflecting his commitment to social impact and corporate responsibility.

Ms. Anna Olive Magdelene Manz
Executive VP, CFO & Member of Executive Board

Anna Manz is a seasoned executive known for her extensive experience in global business and finance. She joined Nestlé S.A. as the Chief Financial Officer (CFO) and served on the Executive Board, starting in 2024. Before her role at Nestlé, she held significant positions including CFO and Executive Director at the London Stock Exchange Group. Her career also includes a notable tenure at Johnson Matthey, where she was the CFO and helped drive the company’s strategic direction. Anna holds a degree in chemistry from the University of Oxford and is a member of the Institute of Chartered Accountants in England and Wales. Her leadership is characterized by a strong emphasis on financial discipline, strategic growth, and sustainability.

Mr. Stefan Palzer
Executive VP, CTO & Member of Executive Board

Stefan Palzer is a German engineer and food scientist who has had a significant career at Nestlé, one of the world’s largest food and beverage companies. He joined Nestlé in 2000 and held various positions in the company's research and development sector. Palzer is particularly known for his expertise in nutrition, food processing, and product innovation. In 2018, Stefan Palzer was appointed as the Chief Technology Officer (CTO) of Nestlé, where he oversaw the company's global research and development activities. In this role, he was responsible for driving innovation and leveraging technological advancements to develop and improve Nestlé’s products, focusing on health and nutrition. His work involved collaborating with scientists, nutritionists, and technologists to create products that meet consumer needs and address global nutritional challenges. Palzer's efforts were pivotal in enhancing Nestlé’s product portfolio, emphasizing sustainable practices and integrating cutting-edge technologies to meet consumer trends. His leadership contributed significantly to maintaining Nestlé's position as a leader in food science and innovation.

Ms. Beatrice Guillaume-Grabisch
Executive VP, Global Head of Human Resources & Business Services and Member of Executive Board

Beatrice Guillaume-Grabisch is a prominent figure in the corporate world, known for her extensive experience and leadership in the fast-moving consumer goods (FMCG) industry. She joined Nestlé, one of the world’s largest food and beverage companies, bringing her expertise in strategic planning and brand management. At Nestlé, Guillaume-Grabisch has held several significant positions. As of recent reports, she serves as the Executive Vice President, Head of Group Human Resources & Global Business Services. In this role, she is responsible for driving the company’s human resources strategies, focusing on talent development, organizational culture, and employee engagement across the global workforce. Her tenure at Nestlé showcases her capability in managing complex organizational structures and advancing Nestlé's mission through innovative HR practices. Prior to her roles at Nestlé, she gained experience in various leadership roles at renowned companies in the FMCG sector, including L'Oréal and Unilever, broadening her expertise in global brand management and consumer marketing. Guillaume-Grabisch is noted for her forward-thinking approach and dedication to fostering an inclusive workplace environment. Her leadership is characterized by a commitment to sustainable business practices and a focus on aligning Nestlé’s human resources with its long-term strategic goals. Her work continues to significantly impact Nestlé's growth and its reputation as a leading global employer.

Mr. David Rennie
Executive VP, Head of Coffee Brands & Member of Executive Board

David Rennie is a senior executive at Nestlé S.A., where he has played a significant role in the global food and beverage company's operations. As the head of the Nestlé Coffee Brands group, he is responsible for overseeing one of the company's most dynamic and expansive product categories. Rennie has been instrumental in advancing Nestlé's coffee business, which includes renowned brands like Nescafé and Nespresso. With a strong background in marketing and management, David Rennie has been part of Nestlé for several years, contributing to the company's strategic growth initiatives and product innovations. His leadership style often emphasizes sustainability and digital transformation, aligning with Nestlé's broader goals of enhancing product quality while reducing environmental impact. Rennie's efforts have also been crucial in expanding Nestlé's presence in the competitive coffee market, fostering collaborations and acquisitions to strengthen their portfolio. Under his direction, the company has pursued new technologies and consumer trends, such as the increase in demand for premium and convenient coffee products. His work helps ensure that Nestlé remains at the forefront of evolving consumer preferences and market challenges.

Mr. Sanjay Bahadur
Deputy Executive VP, Head of Group Strategy & Business Development and Member of Executive Board

Sanjay Bahadur is an accomplished executive who has been associated with Nestlé S.A., one of the largest food and beverage companies in the world. In his role at Nestlé, he has contributed significantly to the company's strategic planning and business operations. Sanjay Bahadur has held various leadership positions within the company, leveraging his extensive experience in global business management. Throughout his career at Nestlé, he has demonstrated expertise in driving business growth, optimizing operational efficiency, and spearheading initiatives that align with the company's sustainability and innovation goals. His leadership style is characterized by a focus on collaboration, strategic foresight, and a strong commitment to nurturing talent within the organization. Sanjay Bahadur's contributions have been instrumental in positioning Nestlé as a leader in the industry, while also ensuring that the company adapts effectively to changing market dynamics and consumer preferences. His role at Nestlé underscores his ability to navigate complex business challenges and deliver results that align with the company's long-term vision.

Mr. Bernard Meunier
Executive VP, Head of Strategic Business Units of Marketing & Sales and Member of Executive Board

Bernard Meunier is a prominent figure at Nestlé S.A., having held various key positions within the company. He was born in France and has developed a robust career in the food industry, contributing significantly to Nestlé's global operations. Meunier joined the company in 1986 and has held diverse roles, gaining extensive international experience. Throughout his tenure, Bernard Meunier has been instrumental in driving growth and innovation across different markets. He served as the CEO for Nestlé Purina PetCare Europe, where he played a crucial role in expanding the company's pet care business and strengthening its market presence across Europe. His leadership emphasized sustainability, innovation, and digital transformation, aligning with Nestlé's broader strategic goals. Apart from his role in Nestlé's pet care division, Meunier has also held leadership positions in Nestlé's various regional markets, including Central and Eastern Europe. Known for his strategic acumen and deep understanding of consumer goods, Meunier has been a driving force behind several successful initiatives and projects within the company. Bernard Meunier's extensive experience and leadership have been vital to Nestlé's ongoing success, and his contributions continue to shape the company's future direction in the competitive global food and beverage sector. He is recognized for his commitment to sustainability and excellence in business operations.

Mr. Remy Ejel
Executive VP, CEO of Zone Asia, Oceania & Africa and Member of Executive Board

Remy Ejel is a prominent executive at Nestlé, known for his extensive career and leadership within the company. He currently serves as the Chairman and CEO of Zone Asia, Oceania, and Africa (AOA), a region that includes diverse and significant markets for Nestlé. Ejel has been with Nestlé for several years, during which he has held various significant positions across different geographies, contributing to the company's growth and strategic direction. His leadership style is often characterized by a keen focus on innovation, sustainability, and adapting to local market needs while maintaining the global standards and values of Nestlé. Ejel's ability to navigate complex markets and foster growth has been instrumental in enhancing Nestlé's presence in the AOA region. Throughout his career, he has been recognized for his commitment to driving business results and his dedication to developing talent within the organization.

Mr. Steven Wood Presley
Executive VP, CEO of Zone North America & Member of Executive Board

As of the latest available information, Steven Wood Presley is a notable executive involved with Nestlé SA, a global leader in nutrition, health, and wellness. Presley has been associated with the company in various significant roles. His most prominent role was serving as the Chairman and CEO of Nestlé USA, where he was responsible for leading the company’s operations, strategic direction, and growth within the United States, one of Nestlé's largest markets. Presley began his career with Nestlé in 1997 and has held various positions of increasing responsibility. His roles have spanned finance, sales, and division management, underlining his extensive experience and deep understanding of the company's operations. Before becoming CEO, he served as the Chief Finance and Strategic Transformation Officer for Nestlé USA. Under his leadership, Nestlé USA has seen efforts focusing on innovation, brand-building, and increasing the company’s digital presence. He has been instrumental in navigating the company through the evolving consumer landscape, with a focus on health and wellness trends. Steven Presley holds a bachelor’s degree in business administration from the University of North Florida and has been recognized for his strong leadership skills and strategic vision. His tenure at Nestlé reflects his dedication to driving growth and championing transformation in line with consumer needs.

Mr. David Xiqiang Zhang
Executive VP, CEO of Zone Greater China & Member of Executive Board

Mr. David Xiqiang Zhang is a senior executive at Nestlé S.A., where he has contributed to the company's strategy and operations with his extensive international experience. In his role, he has been involved in various aspects of the business, particularly focusing on areas like supply chain management, marketing strategies, and operational efficiencies across different markets. His leadership is marked by a strong emphasis on sustainability and innovation, aligning with Nestlé's global objectives of responsible business practices and adapting to changing consumer needs. Zhang's work often involves collaborating across international teams to drive initiatives that enhance Nestlé's market presence and organizational effectiveness.

Kontakt

Adresse
VAUD
Vevey
avenue Nestle 55
Kontakt
+41219241111.0
www.nestle.com
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