Nestl Group 2015

Key figures (consolidated)

In millions of CHF (except for data per share)

2015

Results
Sales

88785

Trading operating profit

13382

as % of sales

15.1%

Profit for the period attributable to shareholders of the parent (Net profit)
as % of sales

9066
10.2%

Balance sheet and Cash flow statement

Equity attributable to shareholders of the parent

62338

Net financial debt

15425

Ratio of net financial debt to equity (gearing)

24.7%

Operating cash flow

14302

as % of net financial debt

92.7%

Free cash flow (a)

9945

Capital expenditure

3872

as % of sales

4.4%

Data per share

Weighted average number of shares outstanding (in millions of units)

3129

Basic earnings per share

CHF

Underlying earnings per share (b)

CHF

3.31

Dividend as proposed by the Board of Directors of Nestl S.A.

CHF

2.25

Stock exchange prices (high/low)

CHF 77.00/64.55

Yield (c)
Market capitalisation, end December

2.90

2.9/3.5
229947

(a) Operating cash flow less capital expenditure, expenditure on intangible assets, investments (net of divestments)
in associates and joint ventures, and other investing cash flows.
(b) Profit per share for the year attributable to shareholders of the parent before impairments, restructuring costs,
results on disposals and significant one-off items. The tax impact from the adjusted items is also adjusted for.
(c) Calculated on the basis of the dividend for the year concerned, which is paid in the following year, and on
high/low stock prices.

Analysis of sales, trading operating profit and organic growth (OG)

By operating segment
In millions of CHF

Trading
operating
Sales
profit

OG

Zone AMS

25844

5021

+5.5%

Zone EMENA

16403

2572

+3.7%

Zone AOA

14338

2632

+0.5%

7625

825

+6.7%

Nestl Nutrition

10461

2361

+3.1%

Other businesses (a)

14114

2221

+5.3%

Nestl Waters

(2250)

Unallocated items (b)

Total Group

88785

13382

+4.2%

By product
In millions of CHF

Powdered and Liquid Beverages

Trading
operating
Sales
profit

19245

OG

4100

+5.4%

7112

796

+7.0%

Milk products and Ice cream

14637

2471

+1.7%

Nutrition and Health Science

14854

2909

+4.4%

Prepared dishes and cooking aids

12579

1724

+0.1%

8870

1246

+6.2%

2386

+5.9%

Water

Confectionery
PetCare

11448

(2250)

Unallocated items (b)

Total Group

88785

(a) Mainly Nespresso, Nestl Professional, Nestl Health Science and Nestl Skin Health.
(b) Mainly corporate expenses as well as research and development costs.

13382

+4.2%

Contact
www.nestle.com
Media
Nestl S.A.
Corporate Media Relations
Avenue Nestl 55
CH-1800 Vevey (Switzerland)
Tel. +41 (0)21 924 22 00
Fax +41 (0)21 922 63 34
mediarelations@nestle.com

Investors
Nestl S.A.
Investor Relations
Avenue Nestl 55
CH-1800 Vevey (Switzerland)
Tel. +41 (0)21 924 35 09
Fax +41 (0)21 924 48 00
ir@nestle.com

Shareholders
Share register: registrations,
transfers, dividends, etc.
Nestl S.A.
Share Transfer Office
Zugerstrasse 8
CH-6330 Cham (Switzerland)
Tel. +41 (0)41 785 20 20
Fax +41 (0)41 785 20 24
shareregister@nestle.com

Company profile
Nestl has factories in 85countries and sales in 189countries around the world
and 335000 employees.
Employees by
geographic
area

Factories by
geographic
area

AMS

32.5%

161

EMENA(a)

34.7%

166

AOA

32.8%

109

(a) 10885 employees in Switzerland in 2015.

The Nestl Story all the way to Nutrition, Health and Wellness
1866

Foundation of Anglo-Swiss Condensed Milk Co.

1867

Henri Nestls Infant cereal developed

1905

Nestl and Anglo-Swiss Condensed Milk Co. (new name after merger)

1929

Merger with Peter, Cailler, Kohler Chocolats Suisses S.A.

1934

Launch of Milo

1938

Launch of Nescaf

1947

Nestl Alimentana S.A. (new name after merger with Maggi)

1948

Launch of Nestea and Nesquik

1969

Vittel (initially equity interest only)

1971

Merger with Ursina-Franck

1973

Stouffer (with Lean Cuisine)

1974

LOral (associate)

1977

Nestl S.A. (new name), Alcon (disposal in 2010)

1981

Galderma (joint venture with LOral full acquisition in 2014)

1985

Carnation (with Coffee-mate and Friskies)

1986

Creation of Nestl Nespresso S.A. and Herta

1988

Buitoni-Perugina and Rowntree (with KitKat)

1990

Cereal Partners Worldwide (joint venture with General Mills)

1991

Beverage Partners Worldwide (joint venture with Coca-Cola)

1992

Perrier (with Poland Spring)

1993

Creation of Nestl Sources Internationales (2002: Nestl Waters)

1997

Creation of Nutrition Strategic Business Division (2006: Nestl Nutrition)

1998

Sanpellegrino and Spillers Petfoods, Launch of Nestl Pure Life

2000

PowerBar (disposal in 2014)

2001

Ralston Purina

2002

Schller and Chef America

Dairy Partners Americas (joint venture with Fonterra full acquisition in 2014)
Laboratoires innov (joint venture with LOral liquidated in 2015)

2003

Mvenpick and Dreyers

2005

Wagner

2006

Creation of FoodServices Strategic Business Division (2009: Nestl Professional)

Lactalis Nestl Produits Frais (associate)
Jenny Craig (disposal in 2013), Uncle Tobys and Delta Ice Cream

2007

Novartis Medical Nutrition, Gerber and Henniez

2008

Ruzanna

2010

Kraft Foods frozen pizza, WagginTrain, Malher, Technocom and Vitaflo

2011

Creation of Nestl Health Science and Nestl Institute of Health Sciences

Prometheus, Yinlu and Hsu Fu Chi (partnerships)

2012

Wyeth Nutrition

2013

Pamlab

2014

Creation of Nestl Skin Health

2015

Merrick PetCare (acquisition), Davigel (disposal)

Our ambition
With our Nutrition, Health and Wellness strategy we support people who want to live a
healthier lifestyle. We enhance lives with science-based nutrition and health solutions for
all stages of life, helping consumers care for themselves and their families. Industry-leading
Research and Development drives innovation and supports the constant renovation of our
food and beverage portfolio. In addition, our researchers are exploring the role of nutritional
therapies to maintain or improve health and investigating how we can help people look after
their skin.
We take pride in providing our consumers with products and services of the highest
quality, building trust with every consumer contact we make. By sharing our insights on
global Nutrition, Health and Wellness challenges, by building partnerships and by engaging
with policymakers, stakeholders and key opinion leaders, we strive to have a positive
impact on society. For our business to prosper over the long-term, we must deliver value
to the communities where we have a presence and to society as a whole, as well as to our
shareholders. This is what we call Creating Shared Value.

Innovation
and renovation

Consumer
engagement

y
lit
bi
na

Out-of-home
consumption

Our objective is to be the

leader in Nutrition, Health and
Wellness, and the industry
reference for financial
performance, trusted
by all stakeholders
N

es

tl

People,
culture, values
and attitude

Competitive
advantages

Cr
ea

lue
d Va
are
Sh

Operational
efficiency

Emerging
markets and
Popularly
Positioned
Products

Su
st
ai

Whenever,
wherever,
however

Growth
drivers

Nutrition,
Health and
Wellness

g
tin

The Nestl Strategic Roadmap

is our compass, driving
internal alignment behind our
goals. The roadmap shows
the strengths we leverage to
drive performance and deliver
competitive advantage.
Our strong culture, values
and principles, all based on
respect, unite us worldwide.

Operational
pillars

Complia
nce

The Nestl Strategic

Roadmap

cul

t u re

, va l u e s a n d

Unmatched
geographic
presence

nc
p ri

ip

le

Unmatched
research and
development
capability

Premiumisation

Unmatched
product
and brand
portfolio