Nestle SA (OTCPK:NSRGF)
$ 86.852 -0.148 (-0.17%) Market Cap: 223.26 Bil Enterprise Value: 290.23 Bil PE Ratio: 17.88 PB Ratio: 6.04 GF Score: 71/100

Q3 2022 Nestle SA Corporate Sales Call Transcript

Oct 19, 2022 / 12:00PM GMT
Release Date Price: $106.69 (-1.45%)
Luca Borlini;S.A.;Head of IR
NestlÃ

©-

Good afternoon, and good morning to everyone. Welcome to the Nestlé 9-month 2022 sales webcast. I'm Luca Borlini, Head of the Nestlé Investor Relations team. Today I'm joined by our Chief Executive Officer, Mark Schneider, and our Chief Financial Officer, Francois Roger. Mark will begin as usual with our key messages and discuss the full year 2022 guidance; Francois will follow with a review of the 9-month '22 sales figures. We will then open the lines for your questions.

Before we begin, please take note of our disclaimer. And now I hand over to Mark.

Ulf Mark Schneider;S.A.;CEO
NestlÃ;Member of Executive Board & Director

©- -

Thank you, Luca, and a warm welcome to our conference call participants today. As always, we appreciate your interest in our company. I'm pleased to report that our sales growth momentum continued to increase in the third quarter. As a result, we're now reaching organic sales growth of 8.5% for the 9-month

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