Press Release: Nestle: Nestlé reports three-month -3-


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on the establishment of vaccination sites, the transport of vaccines,

information campaigns and promotion of the vaccination of high-risk

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groups.

Together with other partnerships, Nestlé has committed CHF 10

million to equitable vaccination efforts to date. Nestlé recently

announced a contribution to support COVAX

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to rapidly scale up the international delivery of vaccines to low-income

countries. We are also working directly with government authorities in

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some countries to provide donations and support for local vaccination

programs.

The support for equitable access to vaccines is just the latest phase in

Nestlé's response to the COVID-19 crisis. We will continue to

engage in the fight against the pandemic and its consequences,

protecting people, maintaining global food supply and giving a helping

hand in our local communities.

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Read more

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Outlook

Full-year 2021 outlook confirmed: continued increase in organic sales

growth towards a mid single-digit rate. Underlying trading operating

profit margin with continued moderate improvement. Underlying earnings

per share in constant currency and capital efficiency expected to

increase.

Annex

Three-month sales overview by operating segment

Nestlé

Total Zone Zone Zone Health Other

Group AMS EMENA AOA Nespresso Science Businesses

Sales

3M-2021

(CHF m) 21 089 8 244 5 203 5 094 1 571 930 47

Sales

3M-2020

(CHF

m)* 20 812 8 347 5 313 4 974 1 359 765 54

Real

internal

growth

(RIG) 6.4% 4.8% 3.8% 8.8% 16.3% 9.4% - 11.1%

Pricing 1.2% 2.4% 0.6% 0.3% 0.8% 0.1% 0.3%

Organic

growth 7.7% 7.2% 4.4% 9.1% 17.1% 9.5% - 10.8%

Net M&A - 1.0% 0.3% - 3.7% - 3.4% - 0.1% 17.3% 0.0%

Foreign

exchange - 5.3% - 8.6% - 2.8% - 3.4% - 1.4% - 5.2% - 2.3%

Reported

sales

growth 1.3% - 1.2% - 2.1% 2.3% 15.6% 21.6% - 13.2%

Three-month sales overview by product

Milk Prepared

Powdered products Nutrition dishes &

Total & liquid & ice & Health cooking

Group beverages Water cream Science aids Confec-tionery PetCare

Sales

3M-2021

(CHF m) 21 089 5 771 1 389 2 598 2 995 3 016 1 700 3 620

Sales

3M-2020

(CHF m) 20 812 5 440 1 586 2 642 3 058 2 952 1 632 3 502

Real

internal

growth

(RIG) 6.4% 9.3% - 8.1% 11.6% - 1.1% 9.9% 9.1% 7.7%

Pricing 1.2% 0.6% 2.5% 4.1% 0.7% 0.3% 1.2% 1.0%

Organic

growth 7.7% 9.9% - 5.6% 15.7% - 0.5% 10.2% 10.3% 8.7%

* 2020 figures restated following the disclosure of Nestlé Health

Science and Nespresso as standalone segments from 2021 onwards

(previously combined and presented in Other Businesses).

Contacts:

Media:

Christoph Meier Tel.: +41 21 924 2200

mediarelations@nestle.com

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Investors:

Luca Borlini Tel.: +41 21 924 3509

ir@nestle.com

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(END) Dow Jones Newswires

April 22, 2021 01:15 ET (05:15 GMT)

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