Nestle (malaysia) Bhd. · MYX:NESTLE
Nestle (malaysia) Bhd — Q3 2024 Earnings Presentation
14 slides from Nestle (malaysia) Bhd's earnings presentation, Oct 25, 2024
Slide 1: Nestlé (Malaysia) Berhad Q3 2024 results
Nestlé (Malaysia) Berhad Q3 2024 results
Slide 2: Key Messages
Key Messages ➢ As guided earlier, Q3 still impacted by consumer hesitancy amidst affordability constraints. ➢ Nestlé retains strong leadership positions across segments. ➢ Progressive improvement expected supported by macroeconomic recovery. ➢ Undeterred focus on driving innovation, community suppor
Slide 3: Salary for Life Successful Event funded 18 Charities Organisation
Salary for Life Successful Event funded 18 Charities Organisation Salary for Life TV grand finale and granting of awards to 18 charities
Slide 4: MILO recognition to all Olympians and Paralympians
MILO recognition to all Olympians and Paralympians
Slide 5: Nestlé Cares: Nationwide Beach & Underwater Clean Up
Nestlé Cares: Nationwide Beach & Underwater Clean Up • Held in conjunction with World Clean Up day with more than 300 volunteers across 5 locations nationwide • Successfully collected approximately 760kg of waste in 2024, more than 15 tonnes collected since 2019 Pantai Kemaman Terengganu Pantai Sauj
Slide 6: Nestlé Project SAVE: Largest Private Public Partnership to address plastic waste in Malaysia
Nestlé Project SAVE : Largest Private Public Partnership to address plastic waste in Malaysia • Cumulative participation rate for Nestlé’s Door-to-Door Recycling Programme: 55% • Number of household covered: Approximately 200,000 • Cities Covered: 6 Cities (PJ, Subang Jaya, Shah Alam, Klang, Kuala L
Slide 7: Q3 Sustainability Achievements Highlights
Q3 Sustainability Achievements Highlights Awarded Awarded Awarded as winners in the “Most Supportive Corporate Partner” “Waste Management Outstanding Award” “Consumer Products & Services” by The King’s Trust International by Waste Management Association Malaysia sector in The Edge ESG Awards
Slide 8: New Product Development & Innovation
New Product Development & Innovation
Slide 9: Sugar Tax 2025: No material impact expected
Sugar Tax 2025: No material impact expected All powder products below 33.3g/100g threshold 97% of RTD products below 5g/7g threshold
Slide 10: Q3 2024: Negative Growth reflects subdued consumer environment against high comparative baseline
Q3 2024: Negative Growth reflects subdued consumer environment against high comparative baseline Nestlé remains the leader in FMCG with strong positions across all operating segments NNS (Amounts in RM Mio) 2023 2024 -3.2% -18.7% -13.0% 1,842 1,783 1,772 1,751 1,524 1,440 Q1 Q2 Q3
Slide 11: PBT & PAT remain solid in absolute and relative terms
PBT & PAT remain sold in absolute and relative terms One off impact from restructuring projects recognized in the quarter Amounts in RM Mio Profit Before Tax (PBT) Profit After Tax (PAT) 11.3% 13.1% 7.5% 9.5% 10.3% 26* 7.8%* 26* 8.4%* 7.2% 200 702 134 512 489 5.9% 7.9% 85 375 104 Q3 YTD 9M Q3 YTD 9M
Slide 12: Cash flow remains solid against high baseline
Cash flow remains solid against high baseline Investment plans continue to support long term growth, locally and for exports Amounts in RM mio YTD Sep 2024 YTD Sep 2023 PBT adjusted for depreciation & interest 489 702 → (Increase)/Decrease in working capital -207 127 → Income tax & others 62 79 Net
Slide 13: Prospects
Prospects ➢ Sequential recovery supported by progressive improvement of consumer context. ➢ Quality, innovation and initiatives to protect affordability will support return to healthy growth level latest by H1 2025. ➢ Pressure from commodities will continue to be mitigated by focus on efficiency, sa
Slide 14: Thank You
Nestlé. Good food, Good life . i C7 rR WyW STRONGER TOGETHER JOM JUARA, MENANG BERSAMA Thank You
Nestlé (Malaysia) Berhad — Q3 2024 Earnings Presentation on 6ix