Nestle CEO: Mitigated Volume Slowdown Not Much of a Concern

The transcript discusses Nestle's pricing strategy, volume development, and growth outlook for 2023. It covers the impact of inflation on out of home demand, cost management efforts, and operations in Russia amidst sanctions. The company's approach to mergers and acquisitions and portfolio optimization is also highlighted, along with the current state and future outlook of the supplements business.

What is Nestle's expected organic growth rate for 2023?

• 6 to 8%

• 3 to 5%

• 12 to 14%

• 9 to 11%

What percentage of Nestle's business is in-home retail?

• 50%

• 70%

• 90%

• 100%

How has Nestle managed to mitigate the impact of inflation on its operations?

• By expanding into new markets

• By reducing costs and complexity

• By cutting down on advertising expenses

• By increasing product prices significantly

What was the decline in Nestle's gross margin for the year?

• 100 basis points

• 260 basis points

• 30 basis points

• 500 basis points

Why does Nestle continue to operate in Russia despite global sanctions?

• To support local businesses

• To avoid asset seizure

• To maintain its market share

• Due to commitments to essential food items

What is Nestle's approach to mergers and acquisitions?

• Avoid any new acquisitions

• Prioritize large-scale acquisitions

• Focus on strategic and cultural fit

• Aggressively pursue all available deals

What has been the trend in the supplements business post-COVID according to Nestle?

• Decline in demand

• Stagnant growth

• Continued good benefit and growth

• Complete market saturation