Nestlé Skin Health saw slightly improved growth. Our cost reduction initiatives delivered margin improvement ahead of 2017 expectations, in spite of considerable commodity price increases. All data in this report pertains to Nestlé Purina in the United States, Canada and/or Latin America between Jan. 1, 2016 through Dec. 31, 2016, unless otherwise noted. Zone AOA saw its highest growth in four years, with positive RIG and pricing. Excluding the confectionery business, growth in the United States was flat, reflecting soft consumer demand and challenging category dynamics. ۴S��ndl_B�3�C����G�~\��#���GZ�߂���}3�t����n���V��n9�n��j�u9 m9�Ӓ��yÓ�&�p��kVlS�*���. Nestlé Pakistan, as part of its global and local obligations, believes in Creating Shared Value for the communities it works with. These cost savings largely offset the increase in commodity costs of around CHF 900 million. NESTLE Annual Report 2017 Let me clarify first, I only write down those things which I think is important for me, so is not covering everything in the annual report, if you really interested at NESTLE, is better to read the annual report by yourself~ Let's start now. Organic growth in Zone AOA had a good balance of RIG and pricing. The Zone achieved its highest growth in four years despite difficult comparables in the fourth quarter due to the timing of Chinese New Year. By using this site, you agree to the use of cookies by Flickr and our partners as described in our cookie policy . 1 st January, 2017 with a transition date of 1 st January, 2016. La croissance organique a étéde 0,7% dans les marchés développés et de 4,8% dans les marchés émergen… The R&D Centre in Abidjan, Côte d’Ivoire opened in 2009; is the only one of this kind on the African continent. Contact Fonds de Pensions Nestlé P. O. Nestlé Annual Report 2017. Net divestments and foreign exchange reduced reported sales by 0.5% and 1.4%, respectively. RIG remained solid at 1.7% and pricing improved to 0.6%, driven by a return to positive pricing in Western Europe. The comprehensive re-launch of Gerber’s baby food range is in progress, including new organic and natural lines. The Annual Report contains Nestlé's Annual Review including Creating Shared Value highlights. It was formed on 1 October 2016, as a … This improvement was driven by price increases, portfolio management, operational efficiencies and structural cost savings. Its 2017 sales were CHF 840 million. Additional information can be found in the Compensation Report. derivatives are carried at fair value and all their gains and. This result, the best since 2009, is higher than the average performance of around 8.0 % achieved by Swiss pension funds in general. RIG was consistent at 2.9% while pricing improved to 1.8%. The United Kingdom returned to solid growth after a challenging start to the year, with positive RIG and pricing. There was continued good growth across the other sub-regions. Go to Creating Shared Value. Restructuring expenditure and net other trading items increased by CHF 900 million to CHF 1.5 billion due to the acceleration of restructuring projects. The underlying trading operating profit margin of Other Businesses increased by 50 basis points. Back ... 2015 Annual Report; Sustainable growth and a vision for the future. Foreign exchange had a minimal negative impact of 0.1%. Let us have a look at the detailed performance review of the company during FY17-18. Organic growth was 0.7% in developed markets and 4.8% in emerging markets. Full details in Events. We have full confidence in L’Oréal’s management and strategic direction. Annual Financial Report Management Report and Financial Statements 1 January – 31 December 2017 (With Report of the Réviseur d’Entreprises Agréé thereon) Registered Address: 7, rue Nicolas Bové L-1253, Luxembourg Grand Duchy of Luxembourg R.C.S. Back Go to About CSV. The Annual Report contains Nestlé’s Annual Review including the 2017 Creating Shared Value achievements, the Corporate Governance & Compensation Reports and the Financial Statements. Annual Report 2017. A question about Nestlé’s brands, policies, or products? Download Annual Report in PDF format 2020 2019 2018 2017 2016 Standalone ... 15.02.2017. 8 | | 2019 9 Table of Contents 10 │2019 Highlights ... 43 │Annual Report of the Board of Directors on the Affairs of the ... ≈ (2017 – 2019) ‡ (2009-2019 per tonne of production) 12 | Organic growth slowed to 2.1% following a challenging second half of the year. In China, organic growth remained soft but saw some improvement in the back half of the year. During the financial year, Total assets of the Company stood at Rs. The underlying trading operating profit margin grew by 80 basis points to 18.1%. ... 2017 have been followed in preparation of the financial ���K�~s�f�2]��lH��V�/����$��� �,[X�3-�YE ��dO{L� �Bȣ,��S����,:ʓ��5��`�@ Tp}ً���`��� n�1��*m=�����1 �$�q�rC��#B���lI��h�ٸ���b~$~��lcK$�&�4_q3�2��s$�؄GSm��WL��t�����ޗ��N�d��O�+� �Fz��Df�$a�%��z� ����n� ˣ��NX���Ջ+I�"�;oT�N$b%��>����f�g}�S��M��, Ko�v]�E�v����)���7\���"9Q&y�ؓS[���B�����݌ܓ䎢 Net profit decreased by 15.8% to CHF 7.2 billion and earnings per share decreased by 15.8% to CHF 2.32. NESTLE 2017-18 Annual Report Analysis Mon, 25 Mar. Restructuring costs2 are expected at around CHF 700 million. The Nestlé Corporate Governance Report 2019 follows the SIX Swiss Exchange Directive on Information relating to Corporate Governance. ... Our annual highlights. 1. As announced on January 16, 2018, we agreed to sell our U.S. confectionery business to Ferrero for USD 2.8 billion in cash. In case of doubt or differences of interpretation, the French version shall prevail over the English and the German text. Furthermore, the Board submits the compensation of the Board of Directors and the Executive Board for approval by shareholders and will propose a capital reduction to cancel shares repurchased under the current Share Buy Back Program. Three current directors, Andreas Koopmann, Steven G. Hoch and Naïna Lal Kidwai will not stand for re-election as they have reached the term limit. The regional brands in North America faced weak demand and pricing pressure. Distribution of raw materials of different companies in 2013 Company Type of raw material Nestle HUL Dabur Imported 11.20% 8% 0.86% Indigenous 88.80% 92% 99.14% 120 100 80 60 Imported 40 Indigenous 20 0 Nestle HUL Dabur Although Nestlé’s dependence on indigenous is less than compared to Dabur. 64 Consolidated Financial Statements of the Nestlé Group 2017 Consolidated income statement for the year ended 31 December 2017 In millions of CHF Notes 2017 2016 Sales 3 89 791 89 469 Other revenue 330 317 Cost of goods sold (44 923) (44 199) Distribution expenses (8 205) (8 059) Marketing and administration expenses (20 540) (21 485) Lesadaptations des prix de 0,8% ont été constantes par rapport à l’année précédente. As announced on January 18, 2018, the Board also proposes the re-election of Paul Bulcke as Chairman, the individual re-election of the other current members of the Board, as well as the individual election of the members of the Compensation Committee and the election of KPMG as statutory auditors until the end of the next Annual General Meeting. Excluding confectionery, growth in the United States was flat. Brazil maintained solid RIG in a difficult trading environment, but pricing was negative due to deflationary pressures. Underlying earnings per share increased by 4.7% in constant currency and by 4.6% on a reported basis to CHF 3.55. Central and Eastern Europe achieved mid single-digit organic growth, driven entirely by RIG. Where to Invest $10,000; 50 Companies to Watch in 2018; Where to Invest $1 Million; Follow. Explore Nestlé's online Annual Report to find out more about our value-creation strategy, highlights of the past year and key figures. Organic growth in Zone AMS was subdued and decelerated in the back half of the year. Modern Slavery and Human Trafficking Report 2017 – Nestlé in the UK 2 18 Introduction 3 Organisational structure and supply chains 4 Our approach to human rights, modern slavery and human trafficking 5 Our Policies 8 Due Diligence 9 Monitoring 11 Looking ahead 17. Vevey, 6 April 2017. Sorry, you need to enable JavaScript to visit this website. Total reported sales increased by 0.4% to CHF 89.8 billion (2016: CHF 89.5 billion). The Zone’s underlying trading operating profit margin improved by 60 basis points, as ongoing restructuring projects reduced structural costs. 794 0 obj <>stream Net divestments and foreign exchange reduced reported sales by 0.4% and 0.2%, respectively. There was good growth in sub-Saharan Africa, South-East Asia and South Asia, despite some impact on organic growth from the implementation of GST in India. Subsequent to initial measurement, undesignated. There was modest improvement in China, driven by new organic offerings. Special Reports. RIG was 1.6% for the full-year and remained at the high end of the food and beverage industry. Contacts:Media: Christoph Meier Tel. Confectionery, culinary and dairy all delivered improved growth, helped by successful product launches. The underlying trading operating profit margin increased by 20 basis points to 12.7%. This annual report features images taken from our new website RIG was solid in the developed markets but pricing remained negative. 121. Total reported sales were CHF 89.8 billion, a 0.4% increase for the year. : +41 21 924 22 00 Investors: Steffen Kindler Tel. China returned to positive growth despite difficult comparables due to the timing of Chinese New Year. The United States was subdued with slightly positive growth in the context of ongoing weak category dynamics. 68,059.7 million. Nestlé Health Science maintained mid single-digit growth with positive. In case of doubt or differences of interpretation, the French version shall prevail over the English and the German text. Nestlé reports full-year results for 2017; Nestlé reports full-year results for 2017. Annual Financial Report for the year ended 31 December 2017 … Growth remained soft in Nestlé Nutrition as sales were subdued in North America and declined in Brazil. It includes our Financial Statements and Corporate Governance Report published on 16 February 2017. 964.2 million. As a result of the United States Tax Reform, we expect a reduction in our United States corporate tax expenses of around CHF 300 million per year, as from January 2018. Everything you need to know about Nestlé is here: brands, key figures, milestones. Media: Robin Tickle Tel. The United States had slightly positive organic growth driven by price increases. ;��q��Z}�wV� Pricing of 0.8% was consistent with the prior year. The transaction is expected to close around the end of the first quarter of 2018, following the completion of customary approvals and closing conditions. ABOUT THIS REPORT WELCOME TO THE NESTLÉ ANNUAL REVIEW 2018 The support of our diverse stakeholders is paramount to our success. Good food, good life – that is what we stand for. Nestle is well-positioned with high-quality brands that are valued by customers. Nestlé has released its latest annual report for 2019, revealing an upturn in company performance and fast-tracking of 50 innovation projects across its international portfolio. Nespresso reported consistent mid single-digit growth, with positive momentum in all regions and sustained mid-teen growth in North America. It boasts 29 brands that earn annual retail revenue in excess of US$1billion (Annual Report 2016). The underlying trading operating profit margin increased by 20 basis points to 20.1%. income statement. Subsequent to initial measurement, undesignated. The regional brands in North America faced weak demand and pricing pressure. Petcare’s performance was supported by very strong growth in Russia and other emerging markets. The Management Committee of Malaysia Nestlé Retirees Association (MNRA) is pleased to present the Seventh Annual Report for 2017, together with the Audited Financial Report for the year ended 31st December 2017 and the report … At the Annual General Meeting on April 12, 2018, the Board of Directors will propose a dividend of CHF 2.35 per share, an increase of 5 centimes. Nestlé Group Investing in Science to Drive Innovation in India Global portfolio of several brands and patents Proprietary technologies and know-how developed by the global network of R&D centres Expertise across operations, commercial and support functions Nestlé India Limited • Annual Report … Net divestments reduced sales by 1.9%, largely related to the creation of the Froneri joint venture. Transparency and openness are central in our communications with our … Underlying earnings per share in constant currency and capital efficiency are expected to increase. Creating Shared Value Report 2017 by Nestlé This site uses cookies to improve your experience and to help show ads that are more relevant to your interests. Organic growth of 2.4% was at the low end of our expectations following slow growth of 1.9% in the fourth quarter. Nestlé publishes Annual Report 2012 Nestlé has published its Annual Report 2012, outlining the company’s performance last year and its future ambitions. The underlying trading operating margin was up 50 basis points in constant currency, and up 40 basis points on a reported basis to 16.4%.