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

Full Year 2023 Nestle SA Earnings Call Transcript

Feb 22, 2024 / 01:00PM GMT

Release Date Price: $106.83 (-5.08%)

Transcript

Luca Borlini;S.A.;Head of IR

NestlÃ

©-

Good afternoon, and good morning to everyone. A warm welcome to the NestlÃ© Full Year 2023 Results Webcast, and thanks for joining. I'm Luca Borlini, Head of NestlÃ©'s Investor Relations. Today, I'm joined by our CEO, Mark Schneider; and our CFO, FranÃ§ois Roger. Mark will begin as usual with an overview of 2023 and discuss the 2024 guidance. FranÃ§ois will follow with a review of the full year 2023 sales and profit figures. We will then open up 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

©- -

Luca, thank you, and a warm welcome to our conference call participants today. As always, we do appreciate your interest in our company, and we look forward to answering your questions.

Let me move straight to the key messages for the year. I believe that in the context of soft consumer demand in the

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