Nestle India Analyst Meet Takeaways – Renewed Focus On Resilient Rural Market: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nestle India Ltd. hosted an Analysts meet on February 26, 2021 where it presented a holistic view on the performance delivered in CY20 and the company’s business strategy going ahead. Following are the key highlights from the meet –

In CY20, net revenue grew by 7.9%, led by domestic volume growth of 5.7%. Nearly two-thirds of the company’s key products delivered double-digit growth on the back of higher at-home consumption.

Demand for out-of-home categories, which were affected due to the pandemic-led lockdown, continues to progressively improve, but hasn’t completely recovered yet.

Click on the attachment to read the full report:

Nirmal Bang Nestle India- Analyst Meet Highlights- 27 February 2021.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
todayprimenews Governmental News Finance News

Source link

Back to top button