Nestlé has reported its nine-month sales for 2021 with Purina PetCarecontinuing to be one of Nestlé’s top-performing segments.
Nestlé Purina PetCare reported 11.36 billion Swiss francs (AUD$16.59 billion)in sales for the first nine months of 2021, with real internal growth (RIG) upnearly 10 per cent from the same period in 2020.
It achieved the second-highest net sales numbers (behind coffee) and thehighest real internal growth and organic growth rates (12.1 per cent) overthis nine-month period.
Purina PetCare’s double-digit growth was led by science-based and premiumbrands Purina Pro Plan, Fancy Feast and Purina ONE, as well as veterinaryproducts.
Nestlé’s overall organic growth reached 7.6 per cent, with RIG of six per centand pricing of 1.6 per cent. Growth was supported by continued momentum inretail sales, steady recovery of out-of-home channels, increased pricing, andmarket share gains. Nestlé said it now expected full-year growth between sixand seven per cent, up from its previous guidance of between five and six percent.
François-Xavier Roger, Chief Financial Officer, Nestlé SA, said that PetCarecontinues to see strong growth globally.
“By product categories, the largest contributor to growth was Purina PetCare,with strong sales developments across all brands, markets and channels.
“Most segments and geographies grew at a double-digit rate with market sharegains. Purina’s performance was driven by continued strong demand for premiumproducts, supported by successful innovation and momentum across allchannels.”
Tagged: Nestlé, Purina PetCare
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