Cost inflation and constraints on household purchasing power only touch Nestlé without hurting it.
The Swiss agrifood giant is optimistic for the next three years despite this adverse context, which is leading many consumers to abandon national brands in favor of distributor brands.
To discover
Prime Macron 2022: conditions, amount, date of payment... how does it work?
Nestlé presented its three-year growth plan on Tuesday at a seminar dedicated to investors.
By 2025, the group is aiming for annual sales growth of around 5%
,
and an improvement in its margin, which it anticipates between 17.5% and 18.5%.
In 2021 and 2022, the rise in the price of raw materials, packaging and transport had only slightly eroded its margins, which fell to 17%.
Read alsoNestlé reaps the benefits of its alliance with Starbucks
The Swiss group was able to count on its “pricing power”, its ability to increase its prices without its sales suffering.
Customers of Nestlé's premium brands (Nespresso, Purina, etc.) are still ready to pay a little more for their…
This article is for subscribers only.
You have 72% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
I ENJOY IT
Already subscribed?
Login
