KitKat has teamed up with Lotus Biscoff to create a chocolate and biscuit treat that Australian fans have been waiting for – KitKat Chunky with Lotus Biscoff. Read more
New research from Nestlé has revealed that despite 90 per cent of Australians noticing the amount of food packaging and 54 per cent looking for less packaging this Easter, only 5 per cent consider the amount of packaging waste as an important factor when purchasing Easter eggs. Read more
Nestlé has created their new Institute of Agricultural Sciences to translate novel agricultural science into real-world applications. This will help Nestlé transition towards a regenerative food system by focusing on the way agricultural raw materials are produced and sourced. Read more
Nestlé Health Science has agreed to purchase a majority stake in Orgain, a leader in plant-based nutrition, from founder Dr Andrew Abraham and Butterfly Equity, who will continue to be minority share owners. Read more
Nestlé has announced a new plan to tackle child labour risks in cocoa production, with an income accelerator program at the centre aiming to improve cocoa-farming families’ livelihoods and advance regenerative agriculture practices and gender equality. Read more
Nestlé has announced plans to transition to a regenerative food system, aiming to protect and restore the environment, improve farmers’ livelihoods and enhance farming communities’ wellbeing. Read more
Nestlé and Starbucks Corporation have announced a new collaboration to bring Starbucks Ready-to-Drink (RTD) coffee beverages to select markets in Southeast Asia, Oceania and Latin America by 2022. Read more
Nestlé will release a new, four-finger, vegan KitKat in Australia this July. Read more
Nestlé has joined food industry business leaders to support the European Union (EU) in increasing supply chain traceability and transparency, for commodities that could be linked to deforestation. Read more
Nestlé Health Science and Nuun, a leader in functional hydration, have entered into an agreement in which Nestlé Health Science will acquire Nuun.
Nestlé has reported progress in its goal to end deforestation in its cocoa supply chain and ensure regenerative supply chains for forests and communities.
The KitKat team has unveiled the KitKat Cookie Collision, the next generation of its multi-sensorial filled range, joining the ranks alongside KitKat Gooey Caramel and Mint Cookie Fudge.
Nestlé and KKR today have entered into an agreement in which it will acquire core brands of The Bountiful Company for USD 5.75 billion.
Nestlé’s plant scientists have made a major breakthrough after discovering a new generation of low carbon coffee varieties through classical non-GMO breeding and by harnessing the plant’s natural biodiversity.
Nestlé Oceania announced that its popular Smarties confectionery range has been switched to recyclable paper packaging in Australia.
In line with their 2017 pledge to help animal welfare, Nestlé is now only using cage-free eggs in all European food products. The company, alongside food brands such as ALDI, Mondelēz and Unilever are also calling for the European Union to ban cages for laying hens.
As consumers concern over companies’ sustainable practices increase, a coalition of companies is coming together to face this through creating Australia’s first soft plastic food wrapper, made out of recycled content.
Nestlé has announced that its Smarties brand is now using recyclable paper packaging for its confectionery products worldwide. This represents a transition of 90 per cent of the Smarties range, as 10 per cent was previously already packed in recyclable paper packaging. Smarties is the first global confectionery brand to switch to recyclable paper packaging, removing approximately 250 million plastic packs sold globally every year.
New research shows Australians are a nation of ‘wishcyclers’ as more than half of us (51%) admit to putting waste in a recycling bin even if we’re not sure it’s recyclable. Read more
Nestlé has released the results for the first nine months of 2020 with the Oceania sector having strong growth over that time.
“Nestlé has remained resilient in a difficult and volatile environment. Our people have acted in a responsible and prompt manner to mitigate the impact of the global pandemic and have adapted quickly to evolving consumer needs. Strong organic growth was broad based and supported by sustained momentum in the Americas, Purina PetCare and Nestlé Health Science, as well as the acceleration of our coffee business in the third quarter,” said Mark Schneider, Nestlé CEO.
“We continue to develop our portfolio with speed and discipline. As an example, we are transforming Nestlé Health Science into a nutrition and health powerhouse through a combination of strong organic growth and targeted acquisitions. The recent additions of Zenpep, Vital Proteins and Aimmune Therapeutics are further steps in the expansion of our nutritional health offerings.”
Zone Asia, Oceania and sub-Saharan Africa (AOA)
Organic growth was flat, with RIG of -0.2 per cent and pricing of 0.2 per cent. Foreign exchange reduced sales by 6.7 per cent. Reported sales in Zone AOA decreased by 6.7 per cent to CHF15.3 billion. Organic growth in the Zone reached 4.5 per cent in the third quarter.
China saw negative growth, turning positive in the third quarter. Coffee, culinary and ice cream all delivered positive growth, with sequential quarterly improvements. The contraction in Wyeth infant formula sales continued to moderate. The roll-out of the locally produced Belsol brand is on track. Infant cereals and Purina PetCare both grew at a double-digit rate. Nestlé Professional reported a sales decrease, with growth recovering to almost flat in the third quarter. Strong momentum in e-commerce continued, driven by Nescafé, Starbucks products and dairy.
South-East Asia maintained mid single-digit growth. Sales in the Philippines grew at a double-digit rate, with elevated consumer demand for Bear Brand, Milo and Maggi. Indonesia delivered high single-digit growth, led by Bear Brand, Dancow and Milo. South Asia continued to perform well. India posted strong mid single-digit growth, with good momentum in Maggi, Nescafé and KitKat. Sub-Saharan Africa grew at a double-digit rate, with strong growth across most markets. Growth in Japan, South Korea and Oceania was slightly positive.
Oceania reported strong growth across most product categories, particularly in coffee and confectionery. Japan saw a decline in sales, with some improvement in the third quarter. KitKat sales declined in Japan, impacted by a reduction of inbound tourists.
By product category, the largest contributions to growth came from dairy, culinary, coffee and Purina PetCare. In coffee, consumer demand for Starbucks products remained strong. Infant nutrition continued to perform well outside of China. Nestlé Professional and confectionery posted negative growth, with improved sales development in the third quarter.
The company expects full-year organic sales growth around 3 per cent. The underlying trading operating profit margin is expected to improve. Underlying earnings per share in constant currency and capital efficiency are expected to increase.