Earnings release
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Nestle Good food , Good life Press Release [ Ad hoc announcement pursuant to art . 53 SIX Listing Rules ] Vevey , October 20 , 2021 Follow today's event live 14:00 CEST Investor call audio webcast Full details on our website Nestlé reports nine - month sales for 2021 , raises full - year organic sales growth guidance ● ● FR | DE Organic growth reached 7.6 % , with real internal growth ( RIG ) of 6.0 % and pricing of 1.6 % . Growth was supported by continued momentum in retail sales , steady recovery of out - of - home channels , increased pricing and market share gains . Total reported sales increased by 2.2 % to CHF 63.3 billion ( 9M - 2020 : CHF 61.9 billion ) . Foreign exchange reduced sales by 2.0 % . Net divestitures reduced sales by 3.3 % . 1/10 Continued progress in portfolio management . On August 9 , 2021 , Nestlé completed the acquisition of the core brands of The Bountiful Company . Full - year guidance for 2021 updated : we expect full - year organic sales growth between 6 % and 7 % . The underlying trading operating profit margin is expected around 17.5 % , reflecting initial time delays between input cost inflation and pricing , as well as the one - off integration costs related to the acquisition of The Bountiful Company's core brands . Beyond 2021 , our mid - term outlook for continued moderate margin improvement remains unchanged . Underlying earnings per share in constant currency and capital efficiency are expected to increase this year . Mark Schneider , Nestlé CEO , commented : " We are pleased with Nestlé's strong organic growth in the nine months , driven by broad - based contributions from most geographies and categories . The relentless focus of our teams on local execution and agility enabled us to navigate input cost inflation and supply chain constraints . In the third quarter , we increased pricing in a responsible manner , while maintaining strong real internal growth . Investments in innovation , digitalization and sustainability further supported growth by enhancing the relevance and differentiation of our offerings . Nestlé continues to take actions on sustainability . We recently laid out our plans to support a just transition to regenerative food systems , which will help achieve our climate targets as we work closely with farming communities around the world to improve soil health , restore water cycles and increase biodiversity for the long - term . "