annual report of nestle 2017 18


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New York 18 September 2017 – Nestlé Chairman Paul Bulcke receives the Concordia Leadership Award 2017 for leading the company’s ongoing commitment to CSV and supporting the UN Sustainable Development Goals corporate policies and commitments strengthen our business and target our investments

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Notes to Consolidated Financial Statements December 31 2018 and 2017 (Dollars in thousands) 46 (Continued) At December 31 2018 and 2017 deferred taxes 

PDF Financial Statements 2017

14 fév 2018 · At 14 February 2018 the date of approval for issue of the Consolidated Financial Statements 17/18 (4 364) (918) Total equity 34 886 36 

PDF Financial Statements 2018

CHF per 2018 2017 2018 2017 Year ending rates Weighted average annual rates 1 US Dollar USD 0 986 0 977 0 979 0 984 1 Euro EUR 1 128 1 168 1 154 1 113 100 Chinese Yuan Renminbi CNY 14 335 15 001 14 776 14 593 100 Brazilian Reais BRL 25 448 29 531 26 663 30 796 100 Philippine Pesos PHP 1 877 1 957 1 856 1 953 1 Pound Sterling GBP 1 256 1 3

PDF Annual Review 2017 Nestlé Enhancing quality of life and

Nestlé Annual Review 2017 18 Our aim is to enhance quality of life with innovative science‑proven high‑quality nutrition for mothers and infants in the 

Group Sales

Organic growth of 2.4% was at the low end of our expectations following slow growth of 1.9% in the fourth quarter. RIG was 1.6% for the full-year and remained at the high end of the food and beverage industry. Pricing of 0.8% was consistent with the prior year. Organic growth was 0.7% in developed markets and 4.8% in emerging markets. Net divestmen

Underlying Trading Operating Profit

Underlying trading operating profit increased by 2.9% to CHF14.7 billion. The underlying trading operating margin was up 50 basis points in constant currency, and up 40 basis points on a reported basis to 16.4%. This improvement puts us on track to meet our 2020 target. Margin expansion was supported by operating efficiencies and successful executi

Net Profit and Earnings Per Share

Net profit decreased by 15.8% to CHF 7.2 billion and earnings per share decreased by 15.8% to CHF2.32. This was mainly due to an impairment of goodwill related to Nestlé Skin Health, which was taken to reflect the current prospects of the business. Underlying earnings per share increased by 4.7% in constant currency and by 4.6% on a reported basis

Cash Flow

Free cash flow declined from CHF 10.1 billion to CHF8.5 billion. This was driven by working capital development, which saw a slower rate of improvement following the exceptionally large reduction in the prior year. nestle.com

Impact of The United States Corporate Tax Reform

As a result of the United States Tax Reform, we expect a reduction in our United States corporate tax expenses of around CHF 300 million per year, as from January 2018. This equates to a reduction of the Group underlying tax rate of around 200 basis points from 2018 onwards, assuming no other changes. In addition, the tax rate reduction triggered a

Nestlé Nutrition Re-Organization of Management and Reporting

As announced on November 15, 2017, the Nestlé Board of Directors decided to change the organization of the infant nutrition business to enhance the company’s ability to win in this high-growth category. Effective January 1, 2018, infant nutrition moved from the globally-managed Nestlé Nutrition business unit to a regionally-managed business reporte

Portfolio Management

We have made good progress in the execution of our portfolio management strategy. We are actively evolving our portfolio towards high-growth, high-margin categories which offer differentiation and value creation opportunities. As announced on December 5, 2017, we agreed to acquire privately-held Atrium Innovations, a global leader in nutritional he

2018 Strategic Developments

Nestlé’s Board of Directors has decided to explore strategic options, including a potential sale, for its Gerber Life Insurance business. This business was part of the Gerber acquisition from Novartis in 2007. Its 2017 sales were CHF840 million. Nestlé remains fully committed to retain and develop the Gerber baby food business, which is an integral

Zone Americas

Organic growth was subdued at 0.9%, with RIG of 0.2%, following a slowdown in North America. Softer pricing of 0.7% reflected a lower contribution from Latin America, mainly Brazil. Net divestments reduced reported sales by 0.5% but foreign exchange increased reported sales by 0.8%. Reported sales in Zone AMS increased by 1.2% to CHF28.5 billion. O

Zone Europe, Middle-East and North Africa

Organic growth increased to 2.3% as the Zone finished the year with good momentum, reporting two consecutive quarters in excess of 3%. RIG remained solid at 1.7% and pricing improved to 0.6%, driven by a return to positive pricing in Western Europe. Net divestments reduced reported sales by 8.0%, mainly reflecting the transfer of the ice cream busi

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annual report of nestlé 2017 18 pdf annual report of nestle company 2017 18 annual report of nestle india 2017 18 annual report of nestle pakistan 2017 annual report of private limited company 2019 annual report of section 8 company 2018 19 annual return calculator cipc annual returns form

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