Nestle CEO Schneider on Earnings, Growth Plans, Acquisitions

The transcript covers Nestle's sales performance, market outlook, and strategic decisions. It discusses the company's growth in various regions, challenges in the US market, and the impact of US tax reforms. The decision not to renew the L'Oreal shareholder pact and potential divestments are also addressed. Nestle's acquisition strategy focuses on small to midsize companies, with a shift towards nutrition and health. The company emphasizes resilience in market turbulence and a conservative financial approach.

What were the main reasons for Nestle's weaker than expected sales growth in 2017?

• Lack of innovation

• Strong competition in Europe

• Market softness in North America and Brazil

• High production costs

Which region is expected to be a key growth engine for Nestle in 2018?

• Asia

• Europe

• South America

• Africa

How is Nestle planning to benefit from the US tax reform?

• By expanding into new markets

• By saving 300 million Swiss francs annually

• By reducing workforce

• By increasing product prices

What decision did Nestle's Board of Directors make regarding their stake in L'Oreal?

• Not to renew the shareholder agreement

• To merge with L'Oreal

• To sell their stake

• To increase their stake

What is Nestle's focus in terms of acquisitions?

• Real estate investments

• Large multinational companies

• Small to midsize companies

• Technology startups

Why did Nestle decide to sell its US confectionery unit?

• To invest in technology

• Due to declining chocolate sales

• To enter the European market

• To focus on consumer health

How does Nestle view market turbulences?

• As a major threat

• As opportunities for growth

• As irrelevant to their business

• As a fact of life