TIDM76TQ
RNS Number : 3820D
Nestle SA
19 October 2022
Nestlé Press Release
Follow today's event live
14:00 CEST Investor call audio webcast:
https://edge.media-server.com/mmc/go/Nestle_2022_nine-month_sales
Full details:
https://www.nestle.com/media/mediaeventscalendar/allevents/2022-nine-month-sales
.......................................
Vevey, October 19, 2022
Nestlé reports nine-month sales for 2022
-- Organic growth reached 8.5%. Pricing was 7.5%, reflecting
significant cost inflation. Real internal growth (RIG) was
resilient at 1.0%. Organic growth was broad-based across most
geographies and categories.
-- Total reported sales increased by 9.2% to CHF 69.1 billion
(9M-2021: CHF 63.3 billion). Net acquisitions had a positive impact
of 1.2%. Foreign exchange decreased sales by 0.6%.
-- Portfolio management on track. In the third quarter, Nestlé
Health Science completed the acquisitions of Puravida in Brazil and
The Better Health Company in New Zealand.
-- Full-year 2022 outlook updated : we now expect organic sales
growth around 8%. The underlying trading operating profit margin is
expected around 17.0%. Underlying earnings per share in constant
currency and capital efficiency are expected to increase.
Mark Schneider, Nestlé CEO, commented: "We delivered strong
organic growth as we continued to adjust prices responsibly to
reflect inflation. The challenging economic environment is a
concern for many people and is impacting their purchasing power.
That's why we aim to keep products affordable and accessible while
considering the interests of all our stakeholders. Our real
internal growth remained resilient despite a high base of
comparison and continued supply chain constraints, with limited
demand elasticity. At the same time, we continue to invest in
R&D, marketing and sustainability initiatives, as demonstrated
by the recent launch of our Nescafé Plan 2030. We remain confident
in the strength of our brands, operational execution and underlying
category dynamics which position us well for future growth."
Total Zone Zone Zone Zone Zone Nespresso Nestlé Other
Group North Europe AOA Latin Greater .Health Businesses
America America China Science
------ -------- ------- ------ --------- --------- ------------ ------------- -----------
Sales 9M-2022 4
(CHF m) 69 132 19 093 13 968 13 899 8 648 3 843 4 674 811 196
Sales 9M-2021 3
(CHF m)* 63 294 17 173 13 736 13 343 7 416 3 585 4 654 237 150
------------------- ------ -------- ------- ------ --------- --------- ------------ ------------- -----------
Real internal
growth (RIG)** 1.0% 0.1% 1.5% 1.1% 2.5% 2.1% * 1.9% 1.9% 28.0%
Pricing** 7.5% 11.1% 5.7% 7.0% 10.5% 2.6% 4.9% 2.6% 3.0%
Organic growth** 8.5% 11.2% 7.1% 8.1% 12.9% 4.7% 3.0% 4.5% 31.0%
Net M&A** 1.2% -4.8% 2.0% -0.1% 0.1% 0.0% * 0.1% 42.5% 0.0%
Foreign exchange** -0.6% 4.8% -7.5% -3.9% 3.6% 2.4% * 2.5% 1.6% 0.2%
Reported sales
growth 9.2% 11.2% 1.7% 4.2% 16.6% 7.2% 0.4% 48.6% 31.2%
------------------- ------ -------- ------- ------ --------- --------- ------------ ------------- -----------
* 2021 figures restated following the creation of Zone North
America (NA) and Zone Greater China (GC)
as of January 1, 2022. Zone AOA includes Middle East and North
Africa (MENA) previously included in Zone EMENA
**RIG, pricing and organic growth figures exclude the Russia
region, with a corresponding impact on the M&A and foreign
exchange lines
Group sales
Organic growth was 8.5%, reaching 9.3% in the third quarter.
Pricing was 7.5%, reflecting significant cost inflation. RIG was
resilient at 1.0% following a high base of comparison in 2021 and
continued supply chain constraints, with limited demand
elasticity.
Organic growth was 7.4% in developed markets, mostly driven by
pricing with slightly positive RIG. Organic growth in emerging
markets was 10.2%, supported by both pricing and RIG.
By product category, Purina PetCare was the largest contributor
to organic growth, with continued momentum for science-based and
premium brands Purina Pro Plan, Purina ONE and Fancy Feast as well
as veterinary products. Sales in coffee grew at a high single-digit
rate, with positive sales developments for Nescafé, Starbucks and
Nespresso. Growth in Infant Nutrition reached a double-digit rate,
with broad-based contributions across geographies. Confectionery
reported double-digit growth, reflecting particular strength for
KitKat and seasonal products. Water posted double-digit growth,
despite supply chain constraints, led by premium brands,
S.Pellegrino, Acqua Panna and Perrier. Dairy reported mid
single-digit growth, with continued momentum for coffee creamers
and a recovery for home-baking products. Cocoa and malt beverages
saw high single-digit growth, with particular strength for Milo as
well as Nesquik ready-to-drink formats. Prepared dishes and cooking
aids posted low single-digit growth, following a high base of
comparison in 2021, with continued strong demand for Maggi. Sales
in vegetarian and plant-based food continued to grow at a
double-digit rate, led by Garden Gourmet. Nestlé Health Science
recorded mid single-digit growth, driven by Medical Nutrition and
healthy-aging products.
By channel, organic growth in retail sales remained robust at
7.3%. Within retail, e-commerce sales grew by 8.4%, building on
growth of 17.2% in the first nine months of 2021. Organic growth in
out-of-home channels reached 26.1%, with sales exceeding 2019
levels.
Net acquisitions increased sales by 1.2%, largely related to the
acquisitions of the core brands of The Bountiful Company and
Orgain. The impact on sales from foreign exchange was negative at
0.6%. Total reported sales increased by 9.2% to CHF 69.1
billion.
Portfolio Management
On April 1, 2022, Nestlé Health Science completed the
acquisition of a majority stake in Orgain, a leader in plant-based
nutrition. Orgain complements Nestlé Health Science's existing
portfolio of nutrition products that support healthier lives. The
deal is expected to be slightly accretive to Nestlé's organic
growth, while slightly dilutive to the Group's underlying trading
operating profit margin in 2022. The agreement includes the option
for Nestlé Health Science to fully acquire Orgain in 2024.
On September 1, 2022, Nestlé Health Science completed the
acquisition of Puravida, a premium Brazilian nutrition and health
lifestyle brand. The acquisition will enable Nestlé Health Science
to expand its consumer health portfolio in Latin America.
On September 1, 2022, Nestlé Health Science completed the
acquisition of The Better Health Company. The acquisition includes
the GO Healthy brand, New Zealand's leading supplement brand, and
New Zealand Health Manufacturing, an Auckland-based manufacturing
facility for vitamins, minerals and supplements. The acquisition
will expand Nestlé Health Science's portfolio of vitamins, minerals
and supplements in AOA.
Zone North America
-- 11.2% organic growth: 0.1% RIG; 11.1% pricing.
Sales Sales RIG Pricing Organic Net Foreign Reported
9M-2022 9M-2021 growth M&A exchange Growth
--------- --------- ---- ------- ------- ----- --------- --------
Zone North CHF 19.1 CHF 17.2
America bn bn 0.1% 11.1% 11.2% -4.8% 4.8% 11.2%
----------- --------- --------- ---- ------- ------- ----- --------- --------
Organic growth was 11.2%, with pricing of 11.1%. RIG was 0.1%,
with a high base of comparison in 2021 and supply chain
constraints. Net divestitures reduced sales by 4.8%, mainly due to
the divestment of the Nestlé Waters North America brands. Foreign
exchange had a positive impact of 4.8%. Reported sales in Zone
North America increased by 11.2% to CHF 19.1 billion.
Zone North America reported double-digit organic growth, driven
by pricing, strong momentum in e-commerce and further recovery of
out-of-home channels. Nestlé gained market share in the Zone, led
by pet food as well as portioned and soluble coffee.
By product category, Purina PetCare was the largest growth
contributor with strong momentum across channels, particularly in
e-commerce and pet specialty stores. Purina Pro Plan, including
veterinary products, Purina ONE and Fancy Feast all posted strong
double-digit growth, supported by innovation. Sales in Nestlé
Professional and Starbucks out-of-home products grew at a strong
double-digit rate. Growth in the beverages category, including
Starbucks at-home products, Coffee mate and Nescafé, was close to a
double-digit rate. Infant formula saw strong demand, following
continued supply constraints in the market. Baby food posted robust
growth, based on new launches in healthy snacking and plant-based
offerings. Sales in premium water grew at a double-digit rate,
driven by S.Pellegrino and Essentia. Frozen food reported low
single-digit growth, following a high base of comparison in 2021.
Both frozen pizza and frozen meals saw positive sales developments.
Dairy-based products, including Carnation and Nido, also posted
double-digit growth with market share gains. Ready-to-drink Nesquik
in the U.S. and KitKat in
Canada saw double-digit growth, supported by new product
launches.
Zone Europe
-- 7.1% organic growth: 1.5% RIG; 5.7% pricing.
Sales Sales RIG Pricing Organic Net Foreign Reported
9M-2022 9M-2021 growth M&A exchange Growth
--------- --------- ---- ------- ------- ---- --------- --------
CHF 14.0 CHF 13.7
Zone Europe* bn bn 1.5% 5.7% 7.1% 2.0% -7.5% 1.7%
------------- --------- --------- ---- ------- ------- ---- --------- --------
*RIG, pricing and organic growth figures exclude the Russia
region, with a corresponding impact on the M&A and foreign
exchange lines
Organic growth was 7.1%, with pricing of 5.7%. RIG was resilient
at 1.5%, following a high base of comparison in 2021 as well as
supply chain constraints. Foreign exchange negatively impacted
sales by 7.5%, reflecting the appreciation of the Swiss franc
against the Euro. Reported sales in Zone Europe increased by 1.7%
to CHF 14.0 billion.
In a difficult economic environment, Zone Europe reported high
single-digit organic growth. Pricing, continued momentum of
out-of-home channels and innovation supported growth. The Zone saw
market share gains in coffee, Infant Nutrition and plant-based
food.
By product category, the key growth driver was Purina PetCare,
fueled by premium brands Gourmet, Purina ONE and Purina Pro Plan.
Sales in Nestlé Professional grew at a strong double-digit rate,
led by beverages. Water posted double-digit growth, with strong
contributions from international and local brands. Sales in Infant
Nutrition grew at a double-digit rate, based on strong momentum for
human milk oligosaccharides (HMOs) products. Confectionery reported
mid single-digit growth, with strong demand for KitKat and seasonal
offerings. In the third quarter, our vegan KitKat V was rolled out
across 15 European countries. Coffee posted low single-digit
growth, led by Nescafé soluble coffee and continued strong sales
developments for Starbucks by Nespresso . Culinary reported a sales
decrease, impacted by negative growth in pizza and noodles. Garden
Gourmet plant-based products continued to see strong double-digit
growth, reflecting new product launches .
Zone Asia, Oceania and Africa (AOA)
-- 8.1% organic growth: 1.1% RIG; 7.0% pricing.
Sales Sales RIG Pricing Organic Net Foreign Reported
9M-2022 9M-2021 growth M&A exchange Growth
--------- --------- ---- ------- ------- ----- --------- --------
CHF 13.9 CHF 13.3
Zone AOA bn bn 1.1% 7.0% 8.1% -0.1% -3.9% 4.2%
--------- --------- --------- ---- ------- ------- ----- --------- --------
Organic growth reached 8.1%, with pricing of 7.0% and RIG of
1.1%. Foreign exchange reduced sales by 3.9%. Reported sales in
Zone AOA increased by 4.2% to CHF 13.9 billion.
Organic growth in Zone AOA reached a high single-digit rate,
driven by pricing, portfolio optimization and a further recovery of
out-of-home channels. The Zone saw market share gains in culinary,
ready-to-drink and portioned coffee, as well as Infant
Nutrition.
South-East Asia posted mid single-digit growth, led by Nescafé,
Maggi and KitKat, particularly in Malaysia. South Asia recorded
double-digit growth, with market share gains and continued momentum
for Maggi, KitKat and Nescafé. In the third quarter, Nestlé India
launched a premium infant cereal range under the Gerber brand.
Sales growth in Middle East and Africa was close to a double-digit
rate, based on strong momentum for affordable offerings across
Maggi, Milo and Infant Nutrition. Japan reported mid single-digit
growth, led by ready-to-drink Nescafé and Purina PetCare. Sales in
South Korea grew at a double-digit rate, driven by Starbucks
products and increased demand for KitKat. Oceania reported high
single-digit growth, with particular strength for Nescafé and
Maggi. Confectionery also saw strong growth, supported by the
launch of a new KitKat range with Milo filling.
By product category, culinary was the largest growth contributor
led by double-digit growth for Maggi, particularly for cooking aids
and noodles . Coffee posted high single-digit growth, with
continued strong demand for Nescafé and Starbucks products. The
Zone launched Starbucks ready-to-drink products in selected
markets. Sales in Nestlé Professional grew at a strong double-digit
rate across geographies and categories. Infant Nutrition reached
high single-digit growth, with a further recovery in the third
quarter. Cocoa and malt beverages posted high single-digit growth.
Sales in confectionery grew at a double-digit rate, led by KitKat.
Purina PetCare recorded high single-digit growth, with continued
momentum for Purina ONE, Felix and Purina Pro Plan.
Zone Latin America
-- 12.9% organic growth: 2.5% RIG; 10.5% pricing.
Sales Sales RIG Pricing Organic Net Foreign Reported
9M-2022 9M-2021 growth M&A exchange Growth
--------- --------- ---- ------- ------- ---- --------- --------
Zone Latin CHF 8.6 CHF 7.4
America bn bn 2.5% 10.5% 12.9% 0.1% 3.6% 16.6%
----------- --------- --------- ---- ------- ------- ---- --------- --------
Organic growth was 12.9%, with pricing of 10.5%. RIG was
resilient at 2.5%, following high single-digit growth in 2021.
Foreign exchange had a positive impact of 3.6%. Reported sales in
Zone Latin America increased by 16.6% to CHF 8.6 billion.
Zone Latin America maintained double-digit organic growth, with
broad-based contributions across categories and geographies. Growth
was supported by pricing, strong operational execution and further
momentum of out-of-home channels. The Zone saw market share gains
in Infant Nutrition, pet food and coffee creamers.
Sales in Brazil grew at a double-digit rate, reflecting strong
demand for confectionery, Infant Nutrition as well as cocoa and
malt beverages. Mexico saw high single-digit growth, with strong
sales developments for Purina PetCare, Nescafé and Carnation. In
July, Nestlé opened a new Nescafé factory in Veracruz, Mexico to
meet strong consumer demand across the Zone. Sales in Chile grew at
a high single-digit rate, led by confectionery and Purina PetCare.
Colombia and the Plata Region continued to see strong double-digit
growth, supported by volume growth.
By product category, confectionery was the largest growth
contributor, reflecting strong demand for KitKat and key local
brands. Sales in Purina PetCare grew at a double-digit rate, led by
Dog Chow, Cat Chow and Purina Pro Plan. Coffee reported broad-based
double-digit growth, supported by Nescafé soluble coffee, Nescafé
Dolce Gusto and the continued roll-out of Starbucks products. Dairy
posted mid single-digit growth, led by fortified milks and
home-baking products. Infant Nutrition saw high single-digit
growth, based on robust demand for Nido and NAN functional
products. Sales in Nestlé Professional grew at a strong
double-digit rate, with market share gains and sales significantly
higher than pre-pandemic levels.
Zone Greater China
-- 4.7% organic growth: 2.1% RIG; 2.6% pricing.
Sales Sales RIG Pricing Organic Net Foreign Reported
9M-2022 9M-2021 growth M&A exchange Growth
--------- --------- ---- ------- ------- ---- --------- --------
Zone Greater CHF 3.8 CHF 3.6
China bn bn 2.1% 2.6% 4.7% 0.0% 2.4% 7.2%
------------- --------- --------- ---- ------- ------- ---- --------- --------
Organic growth was 4.7%, with pricing of 2.6% and RIG of 2.1%.
Foreign exchange had a positive impact of 2.4%. Reported sales in
Zone Greater China increased by 7.2% to CHF 3.8 billion.
Zone Greater China reported mid single-digit organic growth,
despite COVID-19-related movement restrictions. Growth was
supported by strong operational execution, e-commerce momentum and
continued innovation.
By product category, Infant Nutrition recorded double-digit
growth, with improving market share trends for NAN and illuma.
Coffee posted high single-digit growth, led by Nescafé soluble
coffee and Starbucks products. In confectionery Hsu Fu Chi and
Shark Wafer both reported high single-digit growth. Culinary
reported mid single-digit growth, helped by increased distribution
to lower-tier cities. Sales in Purina PetCare grew at a high
single-digit rate, led by Mon Petit, Fancy Feast and the recently
launched Dentalife. Nestlé Professional reported a mid single-digit
sales decrease, reflecting restrictions on out-of-home
channels.
Nespresso
-- 3.0% organic growth: -1.9% RIG; 4.9% pricing.
Sales Sales RIG Pricing Organic Net Foreign Reported
9M-2022 9M-2021 growth M&A exchange Growth
--------- --------- ----- ------- ------- ----- --------- --------
CHF 4.7 CHF 4.7
Nespresso* bn bn -1.9% 4.9% 3.0% -0.1% -2.5% 0.4%
----------- --------- --------- ----- ------- ------- ----- --------- --------
*RIG, pricing and organic growth figures exclude the Russia
region, with a corresponding impact on the M&A and foreign
exchange lines
Organic growth was 3.0%, with pricing of 4.9%. RIG was -1.9%
following double-digit growth in 2021 during the pandemic. Foreign
exchange negatively impacted sales by 2.5%. Reported sales in
Nespresso increased by 0.4% to CHF 4.7 billion.
Nespresso reported low single-digit organic growth, following
double-digit growth in 2021, with consumption remaining above
pre-pandemic levels. The Vertuo system saw further momentum, with
broad-based contributions across geographies. During the third
quarter, Nespresso launched Vertuo Pop, a new compact machine made
with recycled materials, in a number of European markets. Growth
was also supported by a further recovery in out-of-home channels,
with continued expansion of the Momento system and improved sales
development for the office segment.
By geography, North America posted double-digit growth with
continued market share gains. Europe reported a sales decrease.
Other regions combined recorded high single-digit growth.
Nestlé Health Science
-- 4.5% organic growth: 1.9% RIG; 2.6% pricing.
Sales Sales RIG Pricing Organic Net Foreign Reported
9M-2022 9M-2021 growth M&A exchange Growth
--------- --------- ---- ------- ------- ----- --------- --------
Nestlé CHF 4.8 CHF 3.2
Health Science* bn bn 1.9% 2.6% 4.5% 42.5% 1.6% 48.6%
----------------- --------- --------- ---- ------- ------- ----- --------- --------
*RIG, pricing and organic growth figures exclude the Russia
region, with a corresponding impact on the M&A and foreign
exchange lines
Organic growth was 4.5%, following double-digit growth in both
2020 and 2021 during the pandemic. Pricing was 2.6% and RIG 1.9%.
Net acquisitions increased sales by 42.5%, largely related to the
acquisition of the core brands of The Bountiful Company and Orgain.
Foreign exchange positively impacted sales by 1.6%. Reported sales
in Nestlé Health Science increased by 48.6% to CHF 4.8 billion.
Nestlé Health Science posted market share gains. Growth was
supported by pricing, innovation and geographic expansion.
Consumer Care reported low single-digit growth. Healthy-aging
products grew at a double-digit rate, supported by Boost and Nutren
. Growth in vitamins, minerals and supplements was close to flat,
following a high base of comparison particularly for
immunity-related products during the pandemic. Vital Proteins saw
double-digit growth, helped by new product launches and further
geographic expansion. Pure Encapsulations, a super-premium offering
recommended by healthcare professionals, posted double-digit
growth. Sales of Orgain, the recently acquired plant-based
nutrition business, grew at a strong double-digit rate. Growth was
based on distribution expansion and innovation, particularly for
the kids' protein organic nutrition range.
Medical Nutrition reported double-digit growth, with strong
sales developments for pediatric and allergy products, Althéra,
Alfaré and Alfamino. Zenpep posted high single-digit growth with
market share gains. Palforzia, the peanut allergy treatment, saw
further patient adoption.
By geography, sales in North America grew at a mid single-digit
rate. Europe saw positive growth. Other regions combined posted
double-digit growth.
Business as a force for good: Reducing greenhouse gas emissions
in coffee farming and improving coffee farmers' livelihoods
Nestlé is on a path to gradually reduce absolute greenhouse gas
emissions in its supply chain and to achieve net zero emissions by
2050. For that reason, the company is supporting the transition to
a regenerative food system. With the Nescafé Plan 2030 , the
company is now executing on these ambitions through its largest
coffee brand.
The Nescafé Plan 2030 is an integrated strategy that is meant to
simultaneously reduce greenhouse gas emissions in coffee farming
while boosting the incomes of coffee farmers through the
implementation of regenerative agriculture. It builds on Nescafé's
decade-long sustainability work. The brand will invest over one
billion Swiss francs into the Plan by 2030 - an investment that is
supported by Nestlé's regenerative agriculture financing.
Nescafé will work with coffee farmers to make the transition to
regenerative agriculture by providing them with training, financial
support and high-yielding coffee plantlets. Some of the
regenerative practices that will be encouraged include:
-- planting cover crops
-- optimizing fertilization, including the use of organic fertilizers
-- increasing the use of agroforestry and intercropping and
-- pruning or replacing existing trees with disease and climate-change resistant varieties.
Nescafé will test, learn and assess the effectiveness of
multiple regenerative agriculture practices, prioritizing the seven
countries from which it sources 90% of its coffee: Brazil, Vietnam,
Mexico, Colombia, Côte d'Ivoire, Indonesia and Honduras. Its goal,
in line with the Nestlé Group's ambition for all key agricultural
ingredients, is to source 20% of its coffee from regenerative
agricultural methods by 2025 and 50% by 2030.
Regenerative farming will improve soil health and fertility.
Healthier soil holds more water and captures more carbon from the
atmosphere. This will help Nescafé reduce its greenhouse gas
emissions by 50% by 2030, in line with the Nestlé Group
commitment.
Nescafé will simultaneously help boost the income of farmers who
make the transition to regenerative agriculture. It will pilot a
financial support program in selected countries to test the best
approach according to local conditions. Some of the measures that
may be used include: conditional cash incentives for the adoption
of regenerative agriculture practices, income protection through
weather insurance and greater access to credit lines for
farmers.
Nescafé will track the progress and assess the results of its
field programs through its Monitoring and Evaluation partnership
with the Rainforest Alliance. It is also partnering with
Sustainable Food Lab, among others, for topics related to coffee
farmers' income assessment, strategy and progress tracking.
With this extensive Plan, Nescafé aims to help make coffee
farming globally more sustainable.
Outlook
Full-year 2022 outlook updated : we now expect organic sales
growth around 8%. The underlying trading operating profit margin is
expected around 17.0%. Underlying earnings per share in constant
currency and capital efficiency are expected to increase.
Contacts
Media
Christoph Meier
Tel.: +41 21 924 2200
mediarelations@nestle.com
Investors
Luca Borlini
Tel.: +41 21 924 3509
ir@nestle.com
Annex
Nine-month sales overview by operating segment
Total Zone Zone Zone Zone Zone Nespresso Nestlé Other
Group North Europe AOA Latin Greater . Businesses
America America China Health
Science
------ -------- ------- ------ --------- --------- ------------ ------------- -----------
Sales 9M-2022 4
(CHF m) 69 132 19 093 13 968 13 899 8 648 3 843 4 674 811 196
Sales 9M-2021 3
(CHF m)* 63 294 17 173 13 736 13 343 7 416 3 585 4 654 237 150
------------------- ------ -------- ------- ------ --------- --------- ------------ ------------- -----------
Real internal
growth (RIG)** 1.0% 0.1% 1.5% 1.1% 2.5% 2.1% * 1.9% 1.9% 28.0%
Pricing** 7.5% 11.1% 5.7% 7.0% 10.5% 2.6% 4.9% 2.6% 3.0%
Organic growth** 8.5% 11.2% 7.1% 8.1% 12.9% 4.7% 3.0% 4.5% 31.0%
Net M&A** 1.2% -4.8% 2.0% -0.1% 0.1% 0.0% * 0.1% 42.5% 0.0%
Foreign exchange** -0.6% 4.8% -7.5% -3.9% 3.6% 2.4% * 2.5% 1.6% 0.2%
Reported sales
growth 9.2% 11.2% 1.7% 4.2% 16.6% 7.2% 0.4% 48.6% 31.2%
------------------- ------ -------- ------- ------ --------- --------- ------------ ------------- -----------
* 2021 figures restated following the creation of Zone North
America (NA) and Zone Greater China (GC)
as of January 1, 2022. Zone AOA includes Middle East and North
Africa (MENA) previously included in Zone EMENA
**RIG, pricing and organic growth figures exclude the Russia
region, with a corresponding impact on the M&A and foreign
exchange lines
Nine-month sales overview by product
Total Powdered Water Milk Nutrition Prepared Confec-tionery PetCare
Group & liquid products & Health dishes
beverages & ice Science & cooking
cream aids
------ ---------- ----- --------- --------- ---------- -------------- -------
Sales 9M-2022
(CHF m) 69 132 18 461 2 776 8 267 11 625 9 152 5 640 13 211
Sales 9M-2021
(CHF m) 63 294 17 499 3 230 7 837 9 363 8 873 5 132 11 360
----------------- ------ ---------- ----- --------- --------- ---------- -------------- -------
Real internal
growth (RIG)** 1.0% 0.7% 6.0% -3.6% 3.7% -6.3% 6.4% 4.8%
Pricing** 7.5% 7.3% 9.1% 8.5% 4.8% 8.9% 4.4% 9.6%
Organic growth** 8.5% 8.0% 15.1% 4.8% 8.5% 2.6% 10.7% 14.4%
----------------- ------ ---------- ----- --------- --------- ---------- -------------- -------
**RIG, pricing and organic growth figures exclude the Russia
region, with a corresponding impact on the M&A and foreign
exchange lines
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
UPDEASENFAAAFEA
(END) Dow Jones Newswires
October 19, 2022 02:00 ET (06:00 GMT)
Nestle 25 (LSE:76TQ)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Nestle 25 (LSE:76TQ)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
