Nestle SA (OTCPK:NSRGF)

$ 96.45 -0.85 (-0.87%) Market Cap: 246.91 Bil Enterprise Value: 318.32 Bil PE Ratio: 19.86 PB Ratio: 6.49 GF Score: 73/100

Q1 2021 Nestle SA Corporate Sales Call Transcript

Apr 22, 2021 / 12:00PM GMT

Release Date Price: $120 (+2.48%)

Transcript

Luca Borlini;S.A.;Head of IR

NestlÃ

©-

good afternoon, and good morning to everyone. Welcome to Nestle's First Quarter Sales Conference Call and Webcast. I am Luca Borlini, Head of Nestle's Investor Relations. Today, I am joined by our Chief Executive Officer, Mark Schneider; and our Chief Financial Officer, FranÃ§ois Roger. Mark will start with the key messages. FranÃ§ois will follow with a review of the first quarter 2021 sales performance. 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 an exceptionally strong quarter to you today. In a nutshell, we saw a rebounding level of business in China-based on a very low level of comparison last year, gradual recovery in our out

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