Nestle SA (MIL:1NESN)
€ 92.04 +1.47 (+1.62%) Market Cap: 238.78 Bil Enterprise Value: 295.39 Bil PE Ratio: 24.37 PB Ratio: 6.71 GF Score: 53/100

Q3 2023 Nestle SA Corporate Sales Call Transcript

Oct 19, 2023 / 12:00PM GMT
Luca Borlini;S.A.;Head of IR
NestlÃ

©-

Good afternoon and good morning to everyone. Welcome to the Nestlé 9 Months 2023 Sales Webcast. I'm Luca Borlini, Head of Nesté Investor Relations.

Today, I'm joined by our CEO, Mark Schneider; and our CFO, François Roger. As usual, Mark will begin with the key messages and discuss the full year 2023 guidance. François will follow with a review of the 9 months 2023 sales figures. We will then open up 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.

Let's turn straight to the key messages on Slide 4. For the 9-month period, we are pleased to report strong and broad-based organic sales growth of 7.8%. Pricing was 8.4%, reflecting significant

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