To Press Releases listLahore,Feb 16, 2016
Nestlé Pakistan crossed the 100 billion mark in 2015, boosting its overall earnings by 10.5% for year ended on December 31, 2015.
Despite prevalent socio-political situation of the country and the energy crisis, Nestlé Pakistan has witnessed an overall increase in its total revenue by almost Rs. 6.5 billion.
Additionally, its earnings per share have increased from Rs. 174.85 per share in to Rs. 193.18 per share in 2015. In the area of Sales, Nestlé Pakistan’s revenue stood at Rs.102.98 billion, 6.77% higher compared to last year. Export sales during the same period stood at Rs. 5.7 billion.
The gross profit margin increased by 480 bps compared to last year mainly as a result of efficiencies in milk collection coupled with lower fuel prices and efficient portfolio management.
Nestlé Pakistan’s operating profit increased to Rs. 16.3 billion translating into 15.6% growth versus the same period last year. This was achieved as a result of effective cost management.
About Nestlé Pakistan
Nestlé Pakistan is the leading Nutrition, Health and Wellness Company in Pakistan; meeting and exceeding all the international standards in manufacturing of their products. Nestlé Pakistan believes in creating shared value for the communities in which it operates with the focus being on Nutrition, Water and Rural Development. Nestlé Pakistan works with thousands of farmers for collecting milk and engages in a number of rural development programs for community development.
For further information, please contact:
Corporate Media Relations Manager, Nestlé Pakistan
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