Nestlé S.A. (NEST:CA) Barclays nineteenth Annual International Client Staples Convention September 8, 2026 9:45 AM EDT
Firm Members
Anna Olive Manz – Government VP, CFO & Member of Government Board
Convention Name Members
Warren Ackerman – Barclays Financial institution PLC, Analysis Division
Presentation
Warren Ackerman
Barclays Financial institution PLC, Analysis Division
Okay. I feel we have been informed to get on with it. So that is what we will do. So delighted to welcome Nestlé to the stage and CFO, Anna Manz. Thanks, Anna, yearly. You are very supportive of our convention. We actually do respect that. And loads to debate.
I am most likely going to type of kick off perhaps large image speaking about your favourite matter of actual inner development and the type of the ambition to get to the — within the first half, you are type of monitoring you are sequentially enhancing. I feel you are at 1.5% and you’ve got nonetheless obtained some headwinds from U.S. pet care, Europe.
Perhaps you’ll be able to type of simply share your type of confidence that it is possible for you to to get to that type of regular state 2% algo. And perhaps which companies are you happiest with are monitoring and which ones are type of perhaps additional away from that type of 2% stage is perhaps an excellent place to begin.
Query-and-Reply Session
Anna Olive Manz
Government VP, CFO & Member of Government Board
So that you’re proper. RIG is my specialist topic and an enormous precedence for us as a result of clearly, driving development drives margin, drives money, drives all of it. And we’re making actually good progress. We have now had 4 stable quarters of RIG-led development. And also you see Q1 to Q2 improved from a 1.2% RIG to a 1.8% RIG. And for those who have a look at our efficiency in Q2, we’re really above that 2% quantity now in espresso and pet, and we’re proper round there on
