Three-month sales 2025 Investor & analyst presentation Three-month sales 2025 Investor & analyst presentation Disclaimer This presentation contains forward looking statements which reflect Management's current views and estimates. The forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchan ...

来源：环球网 【环球网消费综合报道】近日，雀巢集团发布了2025财年第一季度财报。数据显示，今年前三个月，雀 巢集团全球总销售额达到226亿瑞士法郎（约合人民币1991.01亿元），同比增长2.3%。值得注意的是， 在当前消费者信心较为脆弱的时期，雀巢集团仍实现了2.8%的有机增长。 | | 总计 | 美洲地 | 区石 | 欧洲地 | 董胤健康 | 亮斯派 | 雀巢水域和高 | 其他业 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 细 | 12 | AQA | 2 | 科学 | 驾 | 级饮料 | 爱 | | 销售3M-2025 (瑞士 法郎 m) | 22 601 | 8 639 | 5 539 | 4 353 | 1 593 | 1 595 | 809 | 73 | | 销售3M-2024 (编 土法郎 m) * | 22 092 | 8 639 | 5 344 | 4 248 | 1 511 | 1 503 | 779 | 68 | | 实际内部增长 (RIG) | 0.7% | 0.1% | 0.7% | -0.6% | 4 ...

Core Viewpoint - Nestlé's Q1 organic sales exceeded expectations with a 2.8% year-on-year growth, driven primarily by price increases amid rising costs for coffee and cocoa due to tariffs [1][2] Group 1: Financial Performance - The company's Q1 organic sales growth of 2.8% slightly surpassed analysts' average expectation of 2.6% [1] - Nestlé maintains its full-year performance guidance, expecting organic sales growth to exceed last year's levels, which were at a multi-decade low, with key profit margins reaching or exceeding 16% [1] Group 2: Pricing and Market Dynamics - Price increases for products like Nestlé coffee and KitKat chocolate bars were necessary due to soaring costs from tariffs, although the indirect impact of these tariffs remains unclear [1][2] - The actual internal growth indicator reflecting sales volume growth is relatively slow, indicating potential consumer hesitance towards price hikes, yet customer loss from price increases has been limited [2] Group 3: Strategic Initiatives - The company plans to lower prices on frozen pizzas to regain consumers lost in a competitive pricing environment [3] - Nestlé is considering cost-cutting measures and focusing on fewer but more significant product innovations, alongside increasing advertising spending [3] - A previously announced cost-cutting plan of 2.5 billion Swiss francs (approximately 3 billion USD) aims to free up resources for growth initiatives [3]

Group 1 - The core viewpoint of the article highlights Nestlé's first-quarter performance, showing an organic revenue growth of 2.8%, surpassing market expectations of 2.57% [1] - The actual internal growth rate for the first quarter increased by 0.7%, which is below the market forecast of 0.91% [1] - Nestlé's sales for the first quarter reached 22.6 billion Swiss francs, reflecting a year-on-year growth of 2.3%, slightly above the market estimate of 22.44 billion Swiss francs [1]

High Income DIY Portfolios: The primary goal of "High Income DIY Portfolios" Marketplace service is high income with low risk and preservation of capital. It provides DIY investors with vital information and portfolio/asset allocation strategies to help create stable, long-term passive income with sustainable yields. The portfolios are designed for Income-Investors (including retirees or near-retirees). We provide seven portfolios: 3 buy-and-hold, 3 Rotational portfolios, and 3-Bucket NPP Model Portfolio. T ...

Group 1 - BNP Paribas Exane downgraded Nestlé's rating from outperform to neutral [1] - The target price for Nestlé is set at 90 Swiss francs [1]

Core Viewpoint - Nestlé is increasing the prices of some coffee products in China due to the continuous rise in coffee raw material prices, with price hikes reaching up to 21% for certain products [1][4][10]. Group 1: Price Adjustments - Starting April 1, 2024, Nestlé (China) will raise prices on several coffee products, with the highest increase being 21% for the 12x500g bagged coffee [1][4]. - The price of the "1+2" series instant coffee powder (90 packets) has increased from 119 yuan to 129 yuan [4][10]. - The price adjustments affect five products, with increases ranging from 5.1% to over 10% for others [4][10]. Group 2: Market Conditions - The price hikes are attributed to the sustained increase in international coffee bean prices, influenced by adverse weather conditions in major coffee-producing countries like Brazil and Vietnam [10][12]. - Coffee futures prices have surged approximately 70% in 2024, significantly outpacing the 28% increase in gold prices during the same period [10]. - The price of Arabica coffee futures reached a 47-year high, exceeding 430 cents per pound, with a year-on-year increase of 118.57% [10]. Group 3: Industry Impact - Other coffee brands are also raising prices in response to rising raw material costs, with companies like Ajinomoto AGF planning increases of 15% to 30% for various coffee products starting March 1, 2025 [10][12]. - Smaller coffee brands are feeling the pressure from rising costs, with some planning to increase prices while expressing concerns about potential impacts on sales [12].

Core Insights - Nestlé's new CEO, Laurent Freixe, emphasizes the company's commitment to the Chinese market, focusing on coffee, pet food, and nutrition as key growth areas [1][6][9] - The Chinese market is viewed as stable and innovative, with significant changes noted since Freixe's last visit eight years ago, particularly in technology and consumer behavior [2][3] - Nestlé's recent acquisition of the remaining 40% stake in Xu Fu Ji reflects confidence in the Chinese market and aims to enhance its presence in the candy sector [5][6] Investment Focus - Nestlé plans to invest heavily in three main sectors in China: coffee, pet food, and nutrition, recognizing the potential for growth driven by urbanization and an aging population [8][10] - The company aims to streamline its operations by focusing on fewer, larger, and more impactful business areas, responding to global consumer trends towards rational consumption [6][7][8] Digital Transformation - Digitalization and artificial intelligence (AI) are central to Nestlé's strategy, with the company leveraging AI to enhance operational efficiency and decision-making processes [10][11] - The integration of AI in supply chain management and product innovation is expected to significantly improve responsiveness to market demands [10][11] Market Dynamics - The Chinese government’s recent initiatives to stimulate consumption are seen as beneficial for Nestlé's growth strategy in the region [3] - The rise of "self-indulgent" consumption trends in China presents additional opportunities for Nestlé in the snack and leisure food segments [9]

Core Insights - Nestlé is acquiring the remaining 40% stake in Xu Fu Ji, achieving full ownership after previously acquiring 60% in 2011 for $1.7 billion, indicating a strategic move in the evolving Chinese candy market [1][4] Company Overview - Xu Fu Ji, founded in 1992, has transformed from a leading candy brand to a diversified product line including pastries, chocolates, and jellies, with over 3,500 distributors and 130,000 retail outlets [2][3] - The company has 39 modern production facilities and 127 high-quality automated production lines, showcasing its operational scale [2] Market Position - Xu Fu Ji holds the top market share in bulk candy, chocolate, and pastries, with over 30% market share in bulk candy and chocolate, and second place in bulk jelly [3] - The company has experienced an average annual growth rate of 8% in production value over the past three years, with double-digit growth expected in 2024 [3][4] Financial Performance - In 2024, Nestlé's sales in Greater China reached approximately 50 billion Swiss francs, with a 2.1% organic growth rate, significantly driven by the candy business [4][5] - The candy segment accounted for 16.1% of total sales in Greater China and 9.2% globally, indicating substantial growth potential [5] Strategic Direction - Nestlé aims to enhance its candy business by focusing on high-growth categories and integrating its products and technologies with Xu Fu Ji, leveraging global R&D capabilities [6][7] - The acquisition aligns with Nestlé's strategy to invest in growth-driving factors and expand market share, particularly in the snack and candy sectors [6][7]

Full-year results 2024 Disclaimer This presentation contains forward looking statements which reflect Management's current views and estimates. The forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments. ...