Slide 1: Three-month sales 2022 Investor call
2022 Three-month sales Investor call
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: Three-month sales – Mark Schneider, CEO
2022 Three-month sales Mark Schneider, CEO
Slide 4: Key messages
Key messages • Strong organic sales growth of 7.6% – Increased pricing and resilient RIG – Broad-based growth and market share gains across most geographies and categories – Continued momentum in retail sales, with a further recovery in out-of-home channels • Supporting humanitarian relief in Ukrain
Slide 5: 2022 guidance confirmed
2022 guidance confirmed • Organic sales growth around 5% • Underlying trading operating profit margin between 17.0% and 17.5% • Underlying earnings per share in constant currency and capital efficiency expected to increase 5 April 21, 2022 Nestlé three-month sales 2022
Slide 6: Three-month sales – François-Xavier Roger, CFO
2022 Three-month sales François-Xavier Roger, CFO
Slide 7: Three-month sales growth
Three-month sales growth OG +7.6% -1.3% -0.8% +5.2% 22.2 +2.4% 21.1 Reported sales growth +5.4% -30 3M-2021 sales RIG Pricing Net M&A Foreign 3M-2022 sales CHF bn exchange CHF bn RIG, pricing and organic growth figures exclude the Russia region, with a corresponding impact on the M&A and foreign exc
Slide 8: Strong growth across developed and emerging markets
Strong growth across developed and emerging markets Developed Emerging Sales (in CHF) 12.7 bn 9.5 bn % of Group sales 57% 43% RIG 1.5% 3.8% Pricing 5.3% 5.0% OG 6.7% 8.8% 8 April 21, 2022 Nestlé three-month sales 2022
Slide 9: Strong momentum in retail and further recovery in out-of-home
Strong momentum in retail and further recovery in out-of-home Organic sales growth % Retail Out-of-home* Q1-2021 Q2-2021 Q3-2021 Q4-2021 Q1-2022 Q1-2021 Q2-2021 Q3-2021 Q4-2021 Q1-2022 9.2% 84.1% 5.8% 5.9% 5.4% 5.3% 35.6% 25.7% 29.4% -11.6% * Includes Nestlé Professional, foodservice activities of N
Slide 10: Increased pricing reflects significant cost inflation
Increased pricing reflects significant cost inflation 5.2% 3.1% 2.1% 1.2% 1.3% Q1-2021 Q2-2021 Q3-2021 Q4-2021 Q1-2022 10 April 21, 2022 Nestlé three-month sales 2022
Slide 11: 2-year average real internal growth (RIG)
2-year average real internal growth (RIG)* 5.6% 4.6% 4.4% 3.9% 3.5% Q1-20/21 Q2-20/21 Q3-20/21 Q4-20/21 Q1-21/22 * 2-year average used to adjust for COVID-19-related volatility 11 April 21, 2022 Nestlé three-month sales 2022
Slide 12: Zone North America
Zone North America Sales CHF 5.8 bn Real internal growth 1.4% Pricing 8.5% Organic growth 9.9% • Strong organic growth, supported by increased pricing • Sustained e-commerce momentum, further recovery in out-of-home and broad-based market share gains • Growth led by Purina PetCare, Nestlé Profession
Slide 13: Zone Europe
Zone Europe Sales CHF 4.6 bn Real internal growth 2.8% Pricing 4.1% Organic growth 6.9% • Strong organic growth supported by increased pricing and solid RIG • Sustained e-commerce momentum and further recovery in out-of-home channels • Nestlé Professional, Purina PetCare and infant nutrition were th
Slide 14: Zone Asia, Oceania and Africa
Zone Asia, Oceania and Africa Sales CHF 4.6 bn Real internal growth 1.7% Pricing 4.3% Organic growth 6.0% • Solid organic growth, with increased pricing across most geographies and positive RIG • Growth led by South Asia and Sub-Saharan Africa • Culinary, coffee and Nestlé Professional were the key
Slide 15: Zone Latin America
Zone Latin America Sales CHF 2.7 bn Real internal growth 4.7% Pricing 7.7% Organic growth 12.5% • Continued double-digit organic growth, with increased pricing and strong RIG • Broad-based growth across most geographies, with strong execution and continued e-commerce momentum • Growth was led by con
Slide 16: Zone Greater China
Zone Greater China Sales CHF 1.4 bn Real internal growth 3.8% Pricing -0.5% Organic growth 3.4% • Low single-digit organic growth, driven by RIG • Growth supported by innovation, with market share gains in culinary, ready-to-drink coffee and confectionery • Strong sales developments in most categori
Slide 17: Nespresso
Nespresso Sales CHF 1.6 bn Real internal growth 0.2% Pricing 3.1% Organic growth 3.3% • Solid organic growth, following strong double-digit growth in the first quarter of 2021 • Growth supported by continued momentum for the Vertuo system and a recovery in out-of-home channels • North America saw do
Slide 18: Nestlé Health Science
Nestlé Health Science Sales CHF 1.4 bn Real internal growth 4.3% Pricing 1.3% Organic growth 5.6% • Robust organic growth, building on two consecutive years of double-digit growth • Low single-digit growth in consumer care, with a strong contribution from healthy-aging products • Double-digit growth
Slide 19: Broad-based growth across categories
Broad-based growth across categories Organic sales growth % 21.3% 13.6% 10.5% 7.6% 7.3% 4.5% 4.2% 2.9% Total Group Powdered and PetCare Nutrition and Prepared dishes Milk products Confectionery Water Liquid Beverages Health Science and cooking aids and Ice cream 19 April 21, 2022 Nestlé three-month
Slide 20: Three-month sales Q&A
2022 Three-month sales Q&A és ys, a }
Slide 21: Supporting slides
Supporting slides 21 April 21, 2022 Nestlé three-month sales 2022
Slide 22: 3M-2022 Operating segments – topline summary
3M-2022 Operating segments – topline summary 3M-2022 sales Reported Sales RIG Pricing OG Net M&A F/X sales growth (CHF m) % % % % % % Zone North America 5 800 1.4 8.5 9.9 -13.6 2.2 -1.5 Zone Europe 4 633 2.8 4.1 6.9 0.6 -5.4 2.2 Zone AOA 4 633 1.7 4.3 6.0 -0.1 -2.8 3.0 Zone Latin America 2 697 4.7 7
Slide 23: 3M-2022 Products – topline summary
3M-2022 Products – topline summary 3M-2022 sales Sales RIG Pricing OG (CHF m) % % % Powdered and liquid beverages 6 063 2.4 4.9 7.3 Water 790 14.1 7.2 21.3 Milk products and Ice cream 2 709 -1.4 5.6 4.2 Nutrition and Health Science 3 596 2.5 2.0 4.5 Prepared dishes and cooking aids 3 098 -3.5 6.4 2.
Slide 24: 3M-2022 historical eight quarters
3M-2022 historical eight quarters Period RIG Pricing OG % % % Q2-2020 0.5 0.8 1.3 Q3-2020 4.8 0.1 4.9 Q4-2020 3.0 0.9 3.9 Q1-2021 6.4 1.2 7.7 Q2-2021 7.3 1.3 8.6 Q3-2021 4.4 2.1 6.5 Q4-2021 4.0 3.1 7.2 Q1-2022 2.4 5.2 7.6 24 April 21, 2022 Nestlé three-month sales 2022
Slide 25: 3M-2022 currency overview
3M-2022 currency overview Weighted average rate 3M-2021 3M-2022 Variation in % US Dollar 1 USD 0.906 0.924 2.0 Euro 1 EUR 1.091 1.036 -5.0 Chinese Yuan Renminbi 100 CNY 13.922 14.538 4.4 Brazilian Real 100 BRL 16.546 17.780 7.5 Philippine Peso 100 PHP 1.873 1.792 -4.3 UK Pound Sterling 1 GBP 1.249 1
Slide 26: Abbreviations
Abbreviations • OG Organic growth • RIG Real internal growth • AOA Asia, Oceania, and Africa 26 April 21, 2022 Nestlé three-month sales 2022