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

Nestle SA at Consumer Analyst Group of New York (CAGNY) Virtual Conference Transcript

Feb 24, 2023 / 04:00PM GMT
Release Date Price: $114.45 (-1.87%)
Unidentified Participant;FranÃ;ois Roger

It is my great honor to introduce the last presenter at this year's conference, Nestlé, which I can only begin to describe as the world's largest food and beverage company. The group's unparalleled geographic footprint and leadership in attractive category is shown through once again throughout a tumultuous 2022.

Nestlé posted another year of outstanding organic growth and demonstrated margin resiliency. Furthermore, management committed to sustainable mid-single-digit growth in the years ahead as it returns margins to the 17.5% to 18.5% range by 2025.

To unpack the company a bit more and lay out the attractive growth still ahead, we welcome back Chief Financial Officer, François Roger. Additionally, we are delighted to be joined by Nina Leigh Krueger, Chief Executive Officer and President of Nestlé Purina PetCare, North America, for an in-depth look at Nestlé's PetCare business after yet another year of enviable double-digit growth.

Thank you both so much for being here. François, I'll turn it over to you.

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