Nestle Likely To Do More Big Acquisitions – CFO

Roger said Nestle did not want to deleverage the company or reduce its scale so acquisitions were clearly on the agenda if they were a strategic and cultural fit and offered a proper financial return.

“That is essentially around nutrition, health and wellness or high-growth categories, but not on an exclusive basis, we can also invest outside of these high-growth categories if we find the right opportunities,” Roger said in the webcast of a Barclays conference in Boston.

Roger said Nestle would continue to generate efficiencies, but would not let all of them flow to the bottom line.

“In the future, there will be some margin improvement, but not to the same extent because we’ll use part of the savings to support our growth, that is essentially marketing spend and to finance the sustainability cost that will rise,” he said.