Nestlé Purina Petcare has recorded global organic growth of 12.7 per cent inFY21 with sales of roughly AUD$23.6 billion.
In Nestlé’s Asia, Oceania, and sub-Saharan Africa (AOA) zone, of whichAustralia is a part of, Purina recorded high single digit growth and marketshare gains in the pet care category.
Globally, the 12.7 per cent growth was led by science-based and premium brandsPurina Pro Plan, Fancy Feast, and Purina ONE, as well as veterinary products.
Mark Schneider, CEO of Nestlé, said in 2021 the company remained focused onexecuting its long-term strategy and stepping up growth investments, while atthe same time navigating global supply chain challenges.
“Our organic growth was strong, with broad-based market share gains, followingdisciplined execution, rapid innovation and increased digitalization. Welimited the impact of exceptional cost inflation through diligent costmanagement and responsible pricing.
Schneider said that the company’s robust underlying earnings per share growthshows the resilience of its value creation model.
“The entire Nestlé team demonstrated exemplary perseverance and agility in achallenging environment.”
Tagged: Nestle Purina
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