Nestle SA (MIL:1NESN)
€ 85.18 +1.59 (+1.9%) Market Cap: 219.81 Bil Enterprise Value: 280.39 Bil PE Ratio: 27.20 PB Ratio: 6.92 GF Score: 52/100

Nestle SA at Barclays Global Consumer Staples Conference Transcript

Sep 08, 2026 / 01:43PM GMT
Release Date Price: €85.18 (+1.90%)
Warren Ackerman
Barclays Services Corp - Equity Analyst

Okay, I think we've been told to get on with it, so that's what we're going to do.

So delighted to welcome Nestlé to the stage and CFO, Anna Manz. Thank you, Anna, every year. You're very supportive of our conference. We really do appreciate that. And lot to discuss. I'm probably going to sort of kick off maybe big picture talking about your favorite topic of real internal growth and the kind of the ambition to get to the -- in the first half, you're kind of tracking you're sequentially improving. I think you're at 1.5% and you've still got some headwinds from US pet care, Europe. Maybe you can sort of just share your kind of confidence that you will be able to get to that kind of steady state 2% algo. And maybe which businesses are you happiest with are tracking and which of them are kind of maybe further away from that kind of 2% level is maybe a good place to start.

Anna Manz
Nestle SA - Chief Financial Officer, Executive Vice President, Member of the Executive Board

So you're right. RIG is

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