Nestle SA Fireside Chat with JPMorgan Transcript
Good afternoon. Good morning. Thank you, everyone, for joining me today. I am Celine Pannuti; and I head the staples research at JPMorgan. I am delighted today, as part of our CEO fireside chat series, to be joined by Mark Schneider, CEO of Nestle. Good afternoon, Mark.
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Good afternoon. Thanks for coming out to see us.
Questions & Answers
Yeah. Thank you for hosting me here in your headquarter in Vevey, Switzerland. Mark, maybe we'll start with a broad question on the endless volatility that we see in the marketplace and from a macroeconomic standpoint. If I look at the sector and yourself, we have seen in the past quarter the hit from destocking, the hit from the normalization of consumption post-COVID, as well as your choice to decide to go for SKU rationalization, and maybe some of the M&A that didn't work out the way it was expected.
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