Nestle SA (OTCPK:NSRGY) Q4 2022 Earnings Conference Call February 16, 2023 8:00 AM ET Company Participants Luca Borlini - Head, IR Mark Schneider - CEO François Roger - EVP & CFO Conference Call Participants Jon Cox - Kepler Cheuvreux Guillaume Delmas - UBS Celine Pannuti - JPMorgan Chase & Co. Patrik Schwendimann - Zürcher Kantonalbank Jeremy Fialko - HSBC John Ennis - Goldman Sachs Group Jeffrey Stent - BNP Paribas Exane Bruno Monteyne - Sanford C. Bernstein & Co. Thomas Sykes - Deutsche Bank James Jones ...

Nestle SA (OTCPK:NSRGY) Q1 2022 Earnings Conference Call April 21, 2022 8:00 AM ET | --- | |--------------------------------------------------------| | | | Company Participants | | Luca Borlini - Head of IR | | Mark Schneider - CEO | | Francois Roger - CFO | | Conference Call Participants | | Celine Pannuti - JPMorgan | | Guillaume Delmas - UBS | | Warren Ackerman - Barclays Bruno Monteyne - Bernstein | | Jon Cox - Kepler Cheuvreux | | Pascal Boll - Stifel | | James Targett - Berenberg | | Tom Sykes - Deuts ...

Investor call 2022 Three-month sales Disclaimer | --- | --- | |-----------------------------------------------------------------------------------|-------| | | | | 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 exchang ...

Nestle Good food, Good life Full-year results 2021 Disclaimer | --- | |-----------------------------------------------------------------------------------| | | | Management's current views and estimates. The forward looking | | 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, compe ...

Nestle SA (OTCPK:NSRGY) Q4 2021 Earnings Conference Call February 17, 2022 8:00 AM ET Company Participants Mark Schneider - CEO François Roger - EVP & CFO Luca Borlini - Head, IR Conference Call Participants Warren Ackerman - Barclays Bank John Ennis - Goldman Sachs Group Patrik Schwendimann - Zürcher Kantonalbank Celine Pannuti - JPMorgan Chase & Co. Bruno Monteyne - Sanford C. Bernstein & Co. Pascal Boll - Stifel, Nicolaus & Company Guillaume Delmas - UBS Investment Bank James Targett - Berenberg, Gossler ...

Nestlé S.A. (OTCPK:NSRGY) Q4 2020 Results Earnings Conference Call February 18, 2021 8:00 AM ET Company Participants Luca Borlini - Head, IR Mark Schneider - CEO François Roger - EVP & CFO Conference Call Participants Richard Taylor - Morgan Stanley Bruno Monteyne - Bernstein Warren Ackerman - Barclays Celine Pannuti - JPMorgan Guillaume Delmas - UBS Jon Cox - Kepler David Hayes - Societe Generale Jean-Philippe - Vontobel James Targett - Berenberg Operator Good afternoon and good morning to everyone. Welcom ...

27 ‍Nestle Good food, Good life Full-year results 2020 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 ...

Financial Data and Key Metrics Changes - Total sales for the first half were CHF 41.2 billion, with organic growth of 2.8% and an underlying trading operating profit margin of 17.4%, an increase of 30 basis points [20][21] - Underlying EPS grew by 0.5% on a constant currency basis, while total reported sales decreased by 9.5% due to divestitures and foreign exchange impacts [22][55] - Organic sales growth for the full year is expected to be in the range of 2% to 3%, reflecting the impact of the COVID-19 crisis on the out-of-home business [18][19] Business Line Data and Key Metrics Changes - E-commerce saw exceptional growth of almost 50%, now accounting for 12.4% of total sales compared to 8.5% in 2019 [24] - Purina PetCare reported strong growth, with a mid-single-digit growth rate in North America, driven by e-commerce and premium brands [29] - The water business reported negative growth due to reduced sales in the out-of-home channel, while international premium brands in the U.S. saw positive growth [30] Market Data and Key Metrics Changes - Organic growth in developed markets was 4.1%, while emerging markets grew by 1.1%, with strong performances in Brazil, the Philippines, Russia, and India [27][38] - The Americas continued to see strong momentum, with North America experiencing significant consumer stockpiling [26][31] - The out-of-home channel, which accounted for around 10% of group sales, saw a sharp decline, bottoming out at around minus 60% in April [25] Company Strategy and Development Direction - The company is focusing on portfolio transformation towards more profitable growth areas, including Nestlé Health Science and PetCare [7][14] - A new strategy for Nestlé Waters emphasizes premium mineral water brands and functional water products, aiming for improved growth and profitability [9][14] - The company remains committed to sustainability and health, with a focus on plant-based nutrition and the immune system [11][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the extraordinary challenges posed by the COVID-19 pandemic but emphasized the resilience of the business model [5][6] - The company expects gradual recovery in the out-of-home business, but it will take time, likely not returning to pre-COVID levels in 2020 or 2021 [78] - Management expressed confidence in the long-term growth potential of emerging markets, viewing them as key growth platforms [28] Other Important Information - COVID-19-related costs amounted to CHF 290 million, including bonuses for frontline workers and safety protocols [51] - The company has been disciplined in capital allocation, with free cash flow of CHF 3.3 billion in the first half [56] - The Always Open For You initiative has provided support to foodservice partners, with around one-third of the planned CHF 500 million utilized by the end of Q2 [57] Q&A Session Summary Question: Can you talk about your rollout plans for bottled coffee in China? - Management confirmed commitment to expanding the ready-to-drink coffee category, particularly in China and other regions, with Nescafé as the main brand [63][65] Question: What is the outlook for pet food growth? - Management reported strong growth in pet food, driven by e-commerce and market share gains, with ongoing focus on premiumization and innovation [69][70] Question: How do you see the out-of-home business recovering? - Management indicated that recovery will take time, with gradual improvements expected but not returning to pre-COVID levels in the near term [78] Question: What is the reason for the wide range in organic growth guidance? - Management explained that the guidance reflects the current uncertainties around COVID-19, emphasizing the importance of providing financial stability [71][74] Question: Can you provide insights on pricing improvements? - Management clarified that improved pricing in Q2 was not due to lower promotions but rather stable pricing strategies [105] Question: What is the company's stance on future divestments? - Management stated that while they are open to divestitures if it makes sense, they are also focused on building the business through acquisitions [106]

‍Nestle Good food, Good life Half-year results 2020 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 ...

Nestlé S.A. ADR (OTCPK:NSRGY) Q4 2019 Results Earnings Conference Call February 13, 2020 8:00 AM ET Company Participants Luca Borlini - Head of Investor Relations Mark Schneider - Chief Executive Officer François-Xavier Roger - Executive Vice President and Chief Financial Officer Conference Call Participants Warren Ackerman - Barclays Capital Celine Pannuti - J.P. Morgan Securities Richard Taylor - Morgan Stanley Jon Cox - Kepler Cheuvreux James Targett - Berenberg David Hayes - Société Générale Jean-Philip ...