Nestlé UK and Ireland
Following the announcement of Nestlé SA’s 2011 nine month sales Paul Grimwood, Chairman & Chief Executive, Nestlé UK & Ireland said:
“I am satisfied with the continued performance of the business 9 months into the year. The economy remains difficult, very challenging and unlikely to improve in the near future. There is a noticeable change in how shoppers are spending their money. There is more consideration on how and what they buy as disposable income goes down and cost of living goes up. For the remainder of the year we will be mindful of what our consumers are going through and we must be flexible and tightly control our costs to deliver great value.
“Overall, the business is growing market share in the majority of categories and this is a good measure of our effectiveness in a challenging market place.
“Innovation and renovation is key to our business and we have introduced new recipes and products into the market that are working well for us. Nescafé Gold Blend has been re-launched with a new taste and jar supported by extensive media campaign. Early results suggest it has been well received by consumers reflected by uplift in sales. Launched earlier this year, Maggi’s So Juicy continues its fantastic performance to grow further in Q3.”