Nestle SA (FRA:NESM)

€ 79 -1.8 (-2.23%) Market Cap: 203.13 Bil Enterprise Value: 267.14 Bil PE Ratio: 17.34 PB Ratio: 5.79 GF Score: 74/100

Q1 2023 Nestle SA Corporate Sales Call Transcript

Apr 25, 2023 / 12:00PM GMT

Release Date Price: €118 (+0.43%)

Transcript

Luca Borlini;S.A.;Head of IR

NestlÃ

©-

Good afternoon, and good morning to everyone. Welcome to the NestlÃ© First Quarter 2023 Sales Webcast. I'm Luca Borlini, Head of NestlÃ© Investor Relations. Today, I'm joined by our CEO, Mark Schneider; and CFO, FranÃ§ois Roger. Mark will begin with our key messages and discuss the full year 2023 guidance. FranÃ§ois will follow with a review of the first quarter 2023 sales figures. We will then open the lines for your questions. Before we begin, please take note of our disclaimer. And now I hand over to Mark.

Ulf Mark Schneider;S.A.;CEO

NestlÃ;Member of Executive Board & Director

©- -

Thank you, Luca, and a warm welcome to our conference call participants today. As always, we appreciate your interest in our company. We are pleased to report a quarter with strong organic sales growth, resilient development of volume and mix as well as solid progress on our various strategic initiatives, in particular portfolio optimization.

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