Leading Nutrition, Health and Wellness Company, Nestlé Lanka Plc, recorded a growth of 7.9% for the nine months ending 30 September 2014, posting revenue of Rs. 24.9 billion and a profit of Rs. 3.1 billion in the midst of a challenging market environment.
An interim dividend of Rs. 12 per share was also declared by the Board of Directors to be paid to the shareholders on 2 December 2014.
“With each quarter in 2014 posing fresh challenges for Nestlé Lanka, delivering satisfactory growth in line with expectations required perseverance and dedicated efforts from the team. To this effect, I am proud to note that we continued to build our brands and nurture our local talent while continuing to further strengthen the company’s position as the recognised leader in nutrition, health and wellness in the country,” said Nestlé Lanka Chairman and Nestlé South Asia Region Head Etienne Benet.
“We remain committed towards enhancing the quality of life of our consumers by providing them with ‘tasty nutrition’ of the highest quality standards.”
Commenting further on the company’s recent success, Nestlé Lanka Plc’s outgoing Managing Director Ganesan Ampalavanar said: “Nestlé Lanka has maintained stable revenue growth in the past quarter while continuing steadfastly in its Creating Shared Value (CSV) commitments towards developing the rural economy through the procurement of raw material, in particular fresh milk collected daily from over 18,000 farmers. The company celebrated 30 years of ‘Empowering Sri Lankan Dairy Farmers’ by recognising 1,200 of its dairy farmers for their integral role in establishing Nestlé Lanka as the largest private sector collector of fresh milk in the island. We are proud to note that the 30th year celebration further signified the utilisation of 100% locally procured fresh milk for the production of our dairy products as of 2014 for Nestlé Lanka.”
In line with its corporate ambition of being the recognised leader in nutrition, health and wellness in Sri Lanka, Nestlé Lanka has been actively celebrating hallmark days such as ‘World Heart Day’ in Q3 2014, by driving a public awareness campaign encouraging healthy lifestyle changes amongst the general public.
The company additionally enhanced its local product portfolio with the entrance of its flagship brand Nestomalt’s ready-to-drink (RTD) into the market’s last quarter, offering on-the-go tasty nutrition to consumers. A uniquely Sri Lankan product that has been a household name in the country for many decades, Nestomalt today is Sri Lanka’s best loved and iconic malted food drink brand.
www.ft.lk
An interim dividend of Rs. 12 per share was also declared by the Board of Directors to be paid to the shareholders on 2 December 2014.
“With each quarter in 2014 posing fresh challenges for Nestlé Lanka, delivering satisfactory growth in line with expectations required perseverance and dedicated efforts from the team. To this effect, I am proud to note that we continued to build our brands and nurture our local talent while continuing to further strengthen the company’s position as the recognised leader in nutrition, health and wellness in the country,” said Nestlé Lanka Chairman and Nestlé South Asia Region Head Etienne Benet.
“We remain committed towards enhancing the quality of life of our consumers by providing them with ‘tasty nutrition’ of the highest quality standards.”Commenting further on the company’s recent success, Nestlé Lanka Plc’s outgoing Managing Director Ganesan Ampalavanar said: “Nestlé Lanka has maintained stable revenue growth in the past quarter while continuing steadfastly in its Creating Shared Value (CSV) commitments towards developing the rural economy through the procurement of raw material, in particular fresh milk collected daily from over 18,000 farmers. The company celebrated 30 years of ‘Empowering Sri Lankan Dairy Farmers’ by recognising 1,200 of its dairy farmers for their integral role in establishing Nestlé Lanka as the largest private sector collector of fresh milk in the island. We are proud to note that the 30th year celebration further signified the utilisation of 100% locally procured fresh milk for the production of our dairy products as of 2014 for Nestlé Lanka.”
In line with its corporate ambition of being the recognised leader in nutrition, health and wellness in Sri Lanka, Nestlé Lanka has been actively celebrating hallmark days such as ‘World Heart Day’ in Q3 2014, by driving a public awareness campaign encouraging healthy lifestyle changes amongst the general public.
The company additionally enhanced its local product portfolio with the entrance of its flagship brand Nestomalt’s ready-to-drink (RTD) into the market’s last quarter, offering on-the-go tasty nutrition to consumers. A uniquely Sri Lankan product that has been a household name in the country for many decades, Nestomalt today is Sri Lanka’s best loved and iconic malted food drink brand.
www.ft.lk
No comments:
Post a Comment