Nestle SA (LTS:0QR4)

CHF 74.77 -0.36 (-0.48%) Market Cap: 190.38 Bil Enterprise Value: 250.54 Bil PE Ratio: 17.34 PB Ratio: 5.79 GF Score: 60/100

Q3 2023 Nestle SA Corporate Sales Call Transcript

Oct 19, 2023 / 12:00PM GMT

Release Date Price: CHF102.48

Transcript

Luca Borlini;S.A.;Head of IR

NestlÃ

©-

Good afternoon and good morning to everyone. Welcome to the NestlÃ© 9 Months 2023 Sales Webcast. I'm Luca Borlini, Head of NestÃ© Investor Relations.

Today, I'm joined by our CEO, Mark Schneider; and our CFO, FranÃ§ois Roger. As usual, Mark will begin with the key messages and discuss the full year 2023 guidance. FranÃ§ois will follow with a review of the 9 months 2023 sales figures. We will then open up 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.

Let's turn straight to the key messages on Slide 4. For the 9-month period, we are pleased to report strong and broad-based organic sales growth of 7.8%. Pricing was 8.4%, reflecting significant

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