Nestlé Lanka delivered a revenue of Rs 9.2 billion with a YoY growth of 7.3% for the first quarter ending March 31, 2015.
The company posted a profit after tax of Rs 1.2 billion.
"The first quarter of the year was eventful both in terms of product innovations and in driving our Nutrition, Health and Wellness (NHW) commitments across Sri Lanka," Nestlé Lanka Managing Director Shivani Hegde said.
"We remain focused on innovating and renovating our portfolio to meet the changing lifestyles of our local consumers, and will continue to drive the growth momentum by investing in our brands and in our people," she added.
The first quarter of 2015 witnessed two new product launches, reflecting the company's commitment to leverage global R&D capabilities to address local taste preferences. Maggi Devilled X-Tra Green Chilli Noodles, containing real green chilli, is the first of its kind to enter the local market.
Nestlé Professional continued to provide solutions to the out-of-home sector, with the introduction of Nestlé Docello, an exciting range of dessert solutions that offer great taste and convenience.
Following an understanding of the lack of sufficient physical activity amongst school children, Nestlé Lanka entered into a partnership with the Education Ministry and the Athletic Association of Sri Lanka to launch the global 'IAAF Kids' Athletics' programme, to promote a physical activity module amongst primary school children across the country.
www.dailynews.lk
The company posted a profit after tax of Rs 1.2 billion.
"The first quarter of the year was eventful both in terms of product innovations and in driving our Nutrition, Health and Wellness (NHW) commitments across Sri Lanka," Nestlé Lanka Managing Director Shivani Hegde said.
"We remain focused on innovating and renovating our portfolio to meet the changing lifestyles of our local consumers, and will continue to drive the growth momentum by investing in our brands and in our people," she added.
The first quarter of 2015 witnessed two new product launches, reflecting the company's commitment to leverage global R&D capabilities to address local taste preferences. Maggi Devilled X-Tra Green Chilli Noodles, containing real green chilli, is the first of its kind to enter the local market.
Nestlé Professional continued to provide solutions to the out-of-home sector, with the introduction of Nestlé Docello, an exciting range of dessert solutions that offer great taste and convenience.
Following an understanding of the lack of sufficient physical activity amongst school children, Nestlé Lanka entered into a partnership with the Education Ministry and the Athletic Association of Sri Lanka to launch the global 'IAAF Kids' Athletics' programme, to promote a physical activity module amongst primary school children across the country.
www.dailynews.lk
No comments:
Post a Comment