Nestlé India cautious but expects to sustain performance

Nestlé India Ltd has informed BSE that its economic model focuses on seven value drivers that are a mix of sales growth, capital efficiency and profit margins. This focus and the thrust on Innovation and Renovation has helped the company to improve internal efficiencies and introduce products that consumers want and thereby achieve topline growth and sustained profitability despite the difficult environment. Mr. Carlo M. Donati stated "It is difficult to predict what growth we can achieve in the coming months since the future is a function, amongst other things, of the GDP growth rate, social and political stability and raw material prices. However, with the initiatives implemented by my team over the past 3 years we have achieved efficiencies in our operations that should help us. We will continue to implement 'Best practices' and emphasise 'Continuos improvement' as a culture so that we constantly optimize our costs and the effectiveness of our spends.'