Nestle S.a. · SIX:NESN
Nestle — Investor Day (November 2024)
17 slides from Nestle's investor day presentation, Nov 19, 2024
Slide 1: Unlocking the power of millions of meal moments on every table
Unlocking the power of millions of meal moments on every table Nikhil Chand, Head of Food SBU Remy Ejel, EVP, CEO Zone AOA
Slide 2: Disclaimer
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
Slide 3: Nestlé Food overview
Nestlé Food overview Performance Footprint Our position 11.7 bn Where we sell3 #1 2023 sales (CHF)1 Europe Food brand in the world – MAGGI4 North America 19% 36% Greater 18.3% China 9% 3 2023 underlying billionaire brands TOP margin1 Latin America AOA 15% 21% 4.8% 3-year average OG1 What we sell3 Em
Slide 4: Food is a large and resilient category with growth headroom
Food is a large and resilient category with growth headroom from Everyday to Special Snacking Routine meals meals Value-added food solutions ~ CHF 600 bn ~5% avg. growth 2021-23 Cooking Prepared Small 317 142 115 solutions meals meals 2%-3% expected growth 2025-27 2023 Value-added Solution sizing (B
Slide 5: Opportunities to grow driven by food trends
Opportunities to grow driven by food trends Growth opportunities Taste exploration: more cuisines and tastes amplified via out-of-home and digital 1 Modern cooking Convenience evolution: changing World household structure & more fluid lifestyle 2 cuisine Affordable Value maximization: food budget 3
Slide 6: Leading brand portfolio across segments and geographies
Leading brand portfolio across segments and geographies #1 1 #1 #1 Food Brand Frozen Meals Dairy Culinary U.S. Globally Totole #1 #1 #1 #1 #2 Sauces2 Plant based Dairy Culinary Bouillon Frozen Pizza brand and #1 pizza company DACH Europe LATAM China U.S. 1 2 6 November 19, 2024 Source: Kantar Brand
Slide 7: Global expertise at scale combined with locally relevant portfolio
Global expertise at scale combined with locally relevant portfolio Deep local culinary Strong R&D network Portfolio built on global expertise expertise via chefs and & adapted to local needs culinary specialists Cooking solutions Prepared meals Chefs: Michelin restaurants, leading Research (global)
Slide 8: Leading food digital service fueling consumer engagement
Leading food digital service fueling consumer engagement #1 food brand digital service Digital platform in ~45 countries #1 recipe platform in LATAM Proprietary value-add services 320 million visits globally 8 November 19, 2024 Source: internal information
Slide 9: Clear strategic choices enabled by disciplined execution
Clear strategic choices enabled by disciplined execution Strategic CHOICES FOR GROWTH 1 Grow COOKING 2 Accelerate 3 Fix PREPARED SOLUTIONS SMALL MEALS MEALS Enabled by DISCIPLINED EXECUTION More meal moments More value per meal 9 November 19, 2024
Slide 10: Unlocking the potential of the portfolio by making choices and deploying growth platforms
Unlocking the potential of the portfolio by making choices and deploying growth platforms More meal Moments More value per meal Modern cooking & services Plant based Affordable nutrition 1 Grow COOKING SOLUTIONS New channel, geographies and segment Wholesome bowls World cuisine 2 Accelerate SMALL ME
Slide 11: Zooming in Emerging markets, an Accretive Profitable Growth Driver
Zooming in Emerging markets, an Accretive Profitable Growth Driver Where we sell What we sell CHF 6.2 bn in 2023 Cooking Small Prepared North Europe solutions meals meals America 13% n/a Greater 82% 13% 4% China 16% AOA Latin 41% America 30% 11 November 19, 2024 Internal data. Geographic and segment
Slide 12: MAGGI is a Powerhouse in Zone AOA, with solid growth foundations
MAGGI is a Powerhouse in Zone AOA, with solid growth foundations 1 Unmatched 2 Brand power rooted 3 Local R&D expertise 4 Delivering presence in local culture & manufacturing accretive growth Brand equity 1.9X vs. competition1 4 Regional 12.9% innovation 3-year avg. OG2 centers Iconic brand1 Reachin
Slide 13: Strategic choices to accelerate growth enabled by disciplined execution
Strategic choices to accelerate growth enabled by disciplined execution Strategic CHOICES FOR GROWTH 1 Grow COOKING 2 Accelerate SOLUTIONS SMALL MEALS Enabled by DISCIPLINED EXECUTION More meal moments More value per meal 13 November 19, 2024
Slide 14: Strategy in Action – Grow Cooking Solutions
Strategy in Action – Grow Cooking Solutions More meal moments More value per meal Drive fortification & Continue strengthening Value-up for 1 3 4 new meal moments penetration higher realization 2019 2023 Example markets Masala-e-Magic, IN Magic Sarap, PH +700 bps Digital service to drive participati
Slide 15: Strategy in action – CWAR, a lighthouse for cooking solutions
Strategy in action – CWAR, a lighthouse for cooking solutions Over 80 bn fortified servings annually Tailored route-to-market across 25 countries Winning taste, affordable nutrition More than half a million points of sales Highly engaged local community Competitive operations, with local R&D Mamies
Slide 16: Strategy in Action - Accelerate Small meals
Strategy in Action - Accelerate Small meals More meal moments More value per meal With winning unbeatable Drive penetration of core 1 3 5 Good 4 You variants for adults and children localized taste in key markets 2019 2023 Example Markets IN +500 bps Nutrilicious range, IN Happy Bowls, IN MY +400 bp
Slide 17: Nestlé Food Unlocking the power of millions of meal moments on every table
Nestlé Food Unlocking the power of millions of meal moments on every table • Food is the biggest category Nestlé participates in, offering us growth headroom • Brand power, mastering global expertise - local relevance, unparalleled portfolio and industry-leading penetration, place us well to win • I