nestle q2 2019

0 participants from 3 13 countries. Second-quarter growth was helped by favorable comparables due to the May 2018 truck drivers’ strike. As of June 30, 2019, the Group had implemented 73% (CHF 14.5 billion) of the CHF 20 billion share buyback program announced in 2017. These more than offset a further increase in PET packaging costs, as well as higher marketing investments. Nestle India Q2 Performance: Nestle India Ltd.’s profit in September-ended quarter rose on expected lines as the maker of Maggi and Kitkat was able to skirt India’s consumption slowdown with double digit sales growth. In the same quarter of the previous fiscal, the company reported a … Sale of Nestlé Skin Health expected to be completed in the second half of 2019 at an agreed price of, North America saw positive organic growth, with balanced, Latin America reported mid single-digit organic growth, with positive. LANSING, MI — Fourteen months ago, the Michigan Court of Appeals agreed to hear a zoning dispute between a tiny township and the world’s largest food and beverage company. 34 0 obj <>stream ... (Q2). The underlying trading operating profit margin increased by 320 basis points to 19.6%. The transition will begin in the second half of 2019 and is expected to be completed in the second quarter of 2020. The Group reported tax rate increased by 110 basis points to 27.5%. The increase reflected the dividend payment of CHF 7.2 billion and share buybacks of CHF 4.2 billion, partially offset by strong free cash flow generation of CHF 4.1 billion. Acquisitions of the Starbucks license and Atrium Innovations more than offset divestments, mainly Gerber Life Insurance. * 2018 figures have been adjusted to reflect re-allocation of some marketing and administration expenses from Unallocated items into the Operating segments. Purina PetCare grew at a double-digit pace and infant nutrition delivered broad-based mid single-digit growth. 2020: DÄTWYLER: Dätwyler Extends Contract With Nestlé's Nespresso: MT. Watch Nestlé stock price in real-time on Markets Insider here. endstream endobj 31 0 obj <>stream Slightly positive pricing was fully offset by negative, Emerging markets posted high single-digit organic growth, with strong pricing and positive. Organic growth was 2.4% in developed markets, with a significant RIG acceleration in the second quarter. The company, which follows January-December as financial year, had posted a profit of Rs 446.11 crore in the year-ago period. Zone Americas (AMS) 3.9% organic growth: 2.0% RIG ; 1.9% pricing. Europe saw negative sales development. Cancer survival rates are increasing due to advances in science. 26, 2019 Nestlé (NSRGF) Presents At CECP 2019 CEO Investor Forum - Slideshow The underlying trading operating profit margin increased by 180 basis points. Shares of Nestle India Ltd on Tuesday settled … The Zone’s underlying trading operating profit margin improved by 40 basis points. The improvement was based on increased pricing and structural cost reductions. 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). North America maintained good sales growth throughout the first half, with a significant acceleration in the second quarter to record its strongest quarter of organic growth in eight years. Underlying trading operating profit increased by 10.1% to CHF 7.8 billion. Poland Spring also contributed with positive growth. The underlying trading operating profit margin increased by 180 basis points to 11.8%. • Hit 113% of my Quota for Q1 2018 Latin America posted mid single-digit growth, with positive contributions in most markets and categories. Betsy Zimmer. Net acquisitions decreased sales by 0.1% and foreign exchange negatively impacted sales by 3.1%. Premium brands S.Pellegrino, Perrier, and Acqua Panna saw high single-digit growth, helped by successful innovations such as S.Pellegrino Essenza and Perrier & Juice. South Asia excluding Pakistan grew at a high single-digit pace and saw strong growth in NAN, Maggi and KitKat. Organic growth reached 3.6%. Emerging markets saw high single-digit growth, supported by strong momentum in Asia, Turkey and Egypt. Pricing contributed 1.0% with some deceleration in the second quarter owing to the deflationary environment in Europe and lower pricing in Brazil. Foreign exchange had a negative impact of 1.2%. /x5 Do Active portfolio management will continue to sharpen our strategic focus and position the company in attractive high-growth businesses. Total reported sales increased by 3.5% to CHF 45.5 billion. Updated Dec 06, 2019; Posted Dec 06, 2019 . 2019 FIRST HALF YEAR RESULTS . Reported sales in Zone AOA increased by 0.9% to CHF 10.7 billion. This was done to better reflect the use of central overheads by each Zone and Globally Managed Business. Innovation is at the heart of Nestlé. Half-year sales and underlying trading operating profit (UTOP) overview by operating segment, Half-year sales and underlying trading operating profit (UTOP) overview by product, Contacts: Nespresso reported mid single-digit organic growth, with very strong momentum in the Americas. on November 8, 2019. COPESTM deepens this collaboration. Creating Shared Value is fundamental to how we do business at Nestlé. All product categories posted positive growth. Growth in emerging markets was 5.3%. Mexico saw mid single-digit growth, with strong demand for Nescafé and confectionery. Learn about our strategy, sales and results or download our investor seminar presentations. Your answers can be found here. Nestlé Pure Life made a strong contribution to growth in emerging markets, with the launch of sparkling and flavored varieties. The trading operating profit (TOP) margin increased by 90 basis points to 15.5%. Central and Eastern Europe maintained mid single-digit organic growth, mainly driven by. The underlying trading operating profit margin increased by 40 basis points to 23.1%. It is established on two sites, Abidjan and Yamoussoukro. The largest contributor to growth was Purina PetCare, which continued to see strong momentum in e-commerce and in premium brands, such as Purina Pro Plan, Purina ONE and Tidy Cats litter. "!�(�((���XD�4D���Lt�)�i=d�f�c���`�~$***�T�+������� Ի1Ȱ�Ȅ�����m���8� �A8lt� P �� ~? On a q/q basis, Revenue fell by 2.1% q/q in Q3 2019 to N69.4 billion from N70.9 billion in Q2 2019. It offers the following advantages: Pioneering next-generation nutritional products and services. Investors: Luca Borlini Tel. 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 15.7% in constant currency and by 14.6% on a reported basis to CHF 2.13. Nestle India Quarterly Results: Get the key information of Nestle India Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. Nestle India Q3 profit falls 1.4%; revenue rises 10.1% on double-digit growth in key brands 29.07.2020 Nestle Standalone June 2020 Net Sales at Rs 3,050.48 crore, up 1.65% Y-o-Y Our value creation model is clearly delivering the expected results and will support sustained profitable growth.". statement of un-audited financial results for the quarter and six months ended 30 june 2019 in million three months ended (un-audited) 30.06.2019 31.3.2019 30.06.2018 a b iii v x c d e g 1 j k particulars income domestic sales export sales sale of products other operating revenues revenue from operations other income total income expenses 0 Zone EMENA posted strong RIG based on good results in Western Europe and Eastern Europe, particularly in the second quarter. Organic growth of 3.6%, with continued strong real internal growth (RIG) of 2.6% and pricing of 1.0%. Consumer-facing marketing expenses increased by 5.1% in constant currency. Pricing declined by 1.3% as deflationary trends continued to affect the food and retail sectors across most markets in Western Europe. Net acquisitions reduced sales by 0.2%. x��|Xٶn5�w� A��[�� ���@p�-Xp� o�n�;23�Μ3�{�{E�?�v��k����kU�N��XrR�R �����X����J����酋�)�KO* 9&&�v We expect organic sales growth around 3.5% and the full-year underlying trading operating profit margin at or above 17.5%. Our growth was broad-based with our largest market, the United States, performing particularly well. NESTLÉ Termine - hier erhalten Sie eine Übersicht über alle anstehenden und vergangenen Termine wie Quartalszahlen und Hauptversammlung von NESTLÉ. The maker of Maggi instant noodles and Kit Kat chocolate saw its revenue rise 1.7% year-on-year to Rs 3,050 crore in the April-June period, according to an exchange filing. China saw softer growth in some categories but reported good growth in culinary and ice cream. This is vital to advancing next-generation nutritional products and services that are even more beneficial and cost-effective. Organic growth increased to 3.9%, supported by higher RIG of 2.0%. Latin America recorded double-digit growth in Purina PetCare. Net debt increased to CHF 38.3 billion as at June 30, 2019, compared to CHF 30.3 billion at December 31, 2018. Vegetarian-based food products posted strong double-digit growth in Western Europe. for the period ended 30 June 2019 ( c) Employees involvement and training: 15 Remuneration Committee In addition, we inaugurated the Nestle Technical Training Center (NTTC) Abaji to complement the success story of Agbara Factory and through that enhance availability of … RIG declined by 3.3%, impacted by price increases in the United States and slower growth in Europe. Michigan State … Restructuring expenses and net other trading items were CHF 0.7 billion. Media: Christoph Meier Tel. The classification of Nestlé Skin Health as an asset held for sale contributed 20 basis points to the Group’s underlying trading operating profit margin. Net profit declined by 14.6% to CHF 5.0 billion, and earnings per share decreased by 12.3% to CHF 1.68. Nestle India Ltd.'s revenue rose marginally even as lower tax aided profit in the quarter ended June, a period when the Covid-19 lockdown disrupted everything from sourcing and production to supply. Performance highlights (unaudited) Underlying performance GAAP measures vs 2018 vs 2018 First Half Underlying sales growth (USG)(a) 3.3% Turnover €26.1bn (0.9)% Underlying operating margin(b) 19.3% (b)50bps Operating margin 17.6% 40bps Reported sales in Other Businesses decreased by 0.5% to CHF 5.8 billion. Search for jobs here. Net acquisitions increased sales by 1.1%. Sorry, you need to enable JavaScript to visit this website. Nutrition: Winning with science, innovation and speed in the First 1000 Days, Thierry Philardeau - Investor Seminar 2019 May 07, 2019 PRESENTATION 3MB VIDEO 00:14:33 event page Cancer is one particular area where Nestlé Health Science can make a meaningful difference. COPESTM was launched in April in the United States with the enrollment of its first cancer patients and the ambition to scale up significantly. During the first half of 2019, the Group repurchased CHF 4.2 billion of Nestlé shares. The improvement was supported by pricing, portfolio management and structural cost reductions. Nestlé Health Science is committed to redefining the management of health in areas such as healthy aging, metabolic health, allergy and pediatric health. RIG of 2.6% remained at the high end of the food and beverage industry. Underlying earnings per share in constant currency and capital efficiency are expected to increase. Zone AOA saw solid growth in the first half despite negative sales development in Pakistan due to challenging trading conditions. China reported low single-digit organic growth, with positive, South-East Asia saw mid single-digit organic growth, supported by strong, South Asia had low single-digit organic growth. For Nestlé Health Science, effective cancer care goes beyond offering products and means providing effective and collaborative solutions to patients at a time of need. Veterinary products grew at a double-digit pace, helped by new product launches such as Purina Calming Care probiotic supplements for dogs. South-East Asia saw strong growth, with double-digit contributions from Indonesia and Vietnam led by Bear Brand, ready-to-drink Nescafé and ready-to-drink Milo. The Purina PetCare and infant nutrition categories were the main contributors to growth across the Zone. NEW DELHI: Nestle India is all prepared to announce its Q2 earnings today i.e. Nestlé’s share buyback program contributed 1.9% to the underlying earnings per share increase, net of finance costs. Nestle India Q3 profit falls 1.4%; revenue rises 10.1% on double-digit growth in key brands 29.07.2020 Nestle Standalone June 2020 Net Sales at Rs 3,050.48 crore, up 1.65% Y-o-Y h�bbd`b`Jbb`�gb`< ���~&�?��V1�g\` O�� Nestlé Skin Health posted double-digit growth in both the first and second quarters. Food giant Nestlé announced plans on Friday to acquire subscription meal service Freshly.. The decrease resulted mainly from the development of our geographic and business mix. Net acquisitions negatively impacted sales by 0.1%. Marketing and commercial investments increased to support innovation and brand building. Nespresso maintained mid single-digit organic growth. 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. Profile Incorporated : 1981 Quoted date : 1983 Financial year ends : 31 December Registered office 440, T. B. Jayah Mawatha (Darley Road), Colombo 10 Sector Food & beverages The R&D Centre in Abidjan, Côte d’Ivoire opened in 2009; is the only one of this kind on the African continent. FF %��9)�ѱvv �H Sales in H1 of 2020 rose 4.72 per cent to Rs 6,247.23 crore as compared with Rs 5,965.22 crore in 2019. These more than offset cost increases from commodity inflation. Nestlé, which has its U.S. headquarters in Arlington, Virginia, is known for being the largest … Learn about Nestlé’s brands and what we’re doing to make our products tastier and healthier. While the deal values New York-based Freshly at $950 million, Nestlé will pay up to $550 million in additional earnouts, depending on Freshly’s successful growth. 26 0 obj <> endobj Foreign exchange negatively impacted sales by 1.4%. Reported sales in Zone AMS increased by 10.8% to CHF 15.7 billion. Free cash flow grew by 40.4% and reached CHF 4.1 billion. Europe posted positive growth, supported by strong demand for the Vertuo system and Nespresso’s Limited Editions. h�26V0P���wq���H�)�BҀD����KP�5/9?%3/�pqs�O� (������� ��ڍA��Q�.I Nestlé reveals earnings for Q2 on July 26. The underlying trading operating profit margin reached 17.1%, an increase of 100 basis points in constant currency and on a reported basis. The underlying trading operating profit margin of Other Businesses increased by 320 basis points. NESTLE S A: Day by Day Downgrades Recommendation on Nestle: MT. � !! New Delhi: FMCG major Nestle India on Friday reported 33.46 per cent rise in net profit at Rs 595.41 crore for the third quarter ended September 2019, on higher domestic sales growth and lower tax outgo. Foreign exchange had a positive impact of 0.5%. A … Nestle SA (NSRGY) CEO Mark Schneider on Q2 2019 Results - Earnings Call Transcript Jul. ~Nestle NESTLE INDIA LIMITED Registered Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi - 110 001 STATEMENT OF UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30 JUNE 2020 Nestlé intends to complete the current program by the end of December 2019. q Frozen food saw positive growth led by Hot Pockets and Stouffer’s brands. Reported sales in Zone EMENA decreased by 0.8% to CHF 9.2 billion. New products included Poland Spring ORIGIN, a premium bottled spring water using 100% recycled packaging. x Increased growth was led by the United States and Brazil. Organic growth was 3.4% excluding businesses under strategic review. The launch of Starbucks products in 14 markets saw strong demand and further markets will follow in the second half of the year. • Hit 126% of my Quota for Q2 2017 • $3.4 Million booked Opportunities closed won from my desk alone in 2017 (highest on our team). Eating nutritious food, incorporating physical activities is the key to maintain healthy lifestyle. However, up to 80% of cancer patients experience weight loss and/or malnutrition during their illness. Full-year guidance for 2019 confirmed. Bills would ban Nestle from distributing Michigan water outside Great Lakes watershed. Nestlé India Limited I Annual Report - 2019 Full Year 2019 Highlights Continuing our Momentum *Source : Bombay Stock Exchange, Dated 31st December 2019 Creating Significant Value For Shareholders Market Capitalization Total Shareholders Return 2,463% Annualized Return 19.5% 2001 2019* INR 50 Billion INR 1,426 Billion Up 28 . Updated Jan 30, 2019; Posted Jun 01, 2018 . Marketing investments increased to support innovation and brand building. Confectionery had improved momentum, with double-digit growth for KitKat. The underlying tax rate declined by 280 basis points to 21.4%. In May, Nestlé announced the transition of the U.S. pizza and ice cream businesses from a Direct-Store-Delivery network to a warehouse distribution model. 1 0 0 1 -8.82 1.68 cm Net acquisitions reduced sales by 6.5%, mainly due to the disposal of Gerber Life Insurance, which offset the contribution of Atrium Innovations. In the first half of 2018, net profit benefited from the sale of the U.S. confectionery business. Nestle India Balance Sheets - Get the latest Financial Reports, Balance Sheets of Nestle India on The Economic Times. Nestlé Health Science saw mid single-digit growth, based on strong sales development in medical nutrition and geographic expansion in emerging markets. Underlying earnings per share increased by 15.7% in constant currency and by 14.6% on a reported basis to, Portfolio management fully on track. 2019, Q2 Highlights from the 93rd NNI Workshop Pediatric Nutrition Course: Building the Thought ... at La Tour-de-Peilz, June 24-28, 2019. Nestlé Health Science offers an extensive portfolio of science-based medical nutrition, consumer health and supplement brands. AOA saw solid growth despite negative sales development in Pakistan and softness in some categories in China. The above is also being uploaded on the website of the Company www.nestle.in : Mar 12, 2019: 18 th April, 2019 as the cut-off date to determine the eligibility of shareholders to cast their vote for the 60th Annual General Meeting. Subscribe to the Crunchbase Daily. This was the result of broad-based improvements in all businesses, in particular Nestlé Skin Health. Organic growth was 3.3%, with RIG of 2.5% and pricing of 0.8%. Trading operating profit increased by 10.4% to CHF 7.1 billion. Coffee returned to mid single-digit growth in the second quarter with improved Nespresso and Nescafé momentum across all Zones. The increase was mainly the result of improved operating performance and lower taxes. Disciplined execution and fast innovation contributed to improved organic growth and profitability. Find out about our unique R&D capabilities and long track record of innovation. Organic growth for the first half was 1.4%. Everything you need to know about Nestlé is here: brands, key figures, milestones. Across our categories increased investment behind our brands and in innovation is clearly paying off, as reflected in our strong momentum in PetCare and the return to mid single-digit growth in coffee. This company-wide mindset is well illustrated by Nestlé Health Science. : +41 21 924 22 00 Providing nutrition and wellness support for cancer patients. Middle East and North Africa saw continued mid single-digit organic growth. %%EOF The following slide deck was published by Nestlé S.A. in conjunction with their 2019 Q2 earnings call.. Management Consulting Education Michigan State University - The Eli Broad College of Business 2000 — 2004 BA, Finance & International Business Experience Zimcor April 2011 - Present TD July 2013 - September 2013 TD October 2012 - … Toronto, Canada Area Partnering with you to meet your data warehousing, project management, business analytics, and financial planning needs. North America and emerging markets saw double-digit growth. The year-on-year growth acceleration was led by the United States and Brazil. %PDF-1.6 %���� Leading in nutritional science. The underlying trading operating profit margin grew by 10 basis points to 18.8%. Following a comprehensive tender process under the supervision of the Audit Committee, the Board decided to propose to the next Annual General Meeting the appointment of EY as the principal audit provider for the 2020 financial year. Margin expansion was supported by pricing, structural cost reductions, operational efficiencies and improved mix. Organic growth was 2.4%, supported by strong RIG of 3.7%. The plant-based Garden Gourmet Incredible Burger was launched in nine markets in the second quarter. Analysts predict Nestlé will release earnings per share of CHF 1.80. Foreign exchange decreased sales by 0.3%. The ReadyRefresh direct-to-consumer business grew at a mid single-digit pace, benefiting from a new online platform and improved execution. Full details in Events, "We are encouraged by our first half results and have made further progress toward our 2020 financial goals. The underlying trading operating profit margin increased by 40 basis points to 19.2%. Pricing more than offset input cost inflation in the first half. Japan and Oceania returned to positive growth, based on improved RIG momentum in the second quarter. Pricing increased by 4.7%. Formulated CBD products, which are THC (tetrahydrocannabinol)-free and non-GMO certified. In North America growth was supported by 2018 price increases following significant cost inflation in packaging and distribution. Nestle in its recently released 9M 2019 result announced Revenue growth of 4.0% y/y to N211.3 billion for 9M 2019 from N203.1 billion in 9M 2019. Strong pricing was partially offset by negative, Europe saw negative organic growth. Both, Sub-Saharan Africa reported mid single-digit organic growth, with balanced, Japan and Oceania posted positive organic growth, with strong. The Zone’s underlying trading operating profit margin increased by 10 basis points, based on structural cost reductions and favorable mix. Whether you have years of work experience or you just graduated, there’s a job opportunity for you at Nestlé. Nestlé Health Science maintained mid single-digit organic growth mainly based on, Nestlé Skin Health posted double-digit organic growth, with strong. Our Starbucks launch has been a great success so far and we plan on further geographic expansion and product innovation to make the most of this unique opportunity. Net acquisitions increased sales by 6.4%, largely related to the acquisition of the Starbucks license. Brazil had high single-digit growth, supported by strong performances in ambient dairy, infant nutrition, professional and KitKat. Every year, it produces over a billion nutritional health solutions for consumers, patients and their healthcare providers. The transition will begin in the second half of 2019 and is expected to be completed in the second quarter of 2020. endstream endobj startxref Organic growth of 7.4% was driven by strong RIG of 6.7% and pricing of 0.7%. This was based on an acceleration in both North and Latin America. U.S. pizza and ice cream had strong momentum in the second quarter. 32 0 obj <>/Filter/FlateDecode/ID[<305056B681936D4AAD3E42F66D5E98ED>]/Index[26 9]/Info 25 0 R/Length 44/Prev 1605172/Root 27 0 R/Size 35/Type/XRef/W[1 2 0]>>stream h�b```f``�g`d`9� ̀ 6GC�n^�'܌B00�Lv@�"ia�b��vn C�j��� �D�i ���6���Q� �zv Pricing was positive at 1.9%, with the largest contribution from the United States. Q Net financial expenses grew by 45.7% to CHF 504 million, largely reflecting an increase in net debt. ... LANSING, MI -- A state permit allowing Nestle to boost the amount of groundwater it pumps in Michigan has been formally challenged. The beverages category, comprising Starbucks, Coffee mate creamers, and Nescafé, posted high single-digit growth. To address this challenge, Nestlé Health Science provides nutritional support to 400 000 cancer patients globally. This slows their recovery and leaves them less responsive to treatment. 14:00 CEST Investor call audio webcast A question about Nestlé’s brands, policies, or products? The increase resulted from stronger operating performance and several one-off items. Based on the advice of healthcare professionals and in collaboration with partners, Nestlé Health Science has developed the COPESTM (Cancer Oriented Personalized Eating & Emotional Support) digital platform to provide nutrition and wellness support. @p`x���>@A��P����`8x0. Coffee was slightly negative in the first half, but returned to positive growth in the second quarter. Nestlé reports half-year results for 2019, Follow today's event live We believe that our company will be successful in the long term by creating value for both our shareholders and for society. : +41 21 924 38 20, 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. The Zone’s underlying trading operating profit margin improved by 40 basis points, supported by pricing, structural cost reductions and favorable mix. Sub-Saharan Africa maintained mid single-digit growth. The trading operating profit margin increased by 90 basis points on a reported basis to 15.5%. ... Nov 08 2019, 6:37 PM Nov 08 2019, 7:11 PM November 08 2019, 6:37 PM November 08 2019… Nestlé Pure Life posted negative growth in the context of price competition in the affordable segment. endstream endobj 27 0 obj <> endobj 28 0 obj <>>>/Rotate 0/Type/Page>> endobj 29 0 obj <>stream Come here for news, press releases, statements and other multi-media content about Nestlé. 614.40 0 0 837.12 0 0 cm The largest contributions came from Purina PetCare, coffee and infant nutrition. growth in Q2 •Western Europe back to positive organic growth •Margin +10 bps driven by structural cost reductions and favorable mix Zone EMENA 12 | July 26, 2019 | Nestlé half-year results 2019 Sales CHF 9.2 bn Organic growth 2.4% Real internal growth 3.7% Underlying TOP margin vs LY 18.8% +10 bps The underlying trading operating profit (UTOP) margin reached 17.1%, up 100 basis points. In coffee there was strong demand for Starbucks products in the launch markets (Japan, South Korea, Hong Kong and Taiwan). Foreign exchange reduced sales by 2.3%. Aug 02, 2010: Nestlé signs India Pledge: North America reported positive organic growth. Pricing remained negative, mainly due to the continued deflationary environment in Western Europe. endstream endobj 30 0 obj <>stream Good food, good life – that is what we stand for. Innovation provided additional growth momentum, with strong demand for the recently launched Dr. The physician-supervised platform is unique as it addresses an unmet need in providing cancer patients with a holistic approach to nutritional and wellness guidance, well beyond the sale of our products. Reported sales in Nestlé Waters increased by 0.9% to CHF 4.0 billion. In PetCare, Felix, Purina ONE and Tails.com were the key growth platforms. Growth decelerated in the second quarter following unfavorable weather conditions, particularly in Northern Europe. Total reported sales increased by 3.5% to. ... We had the pleasure to welcome Nestle's CEO Mark Schneider for a 2 hour Q&A session with …

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