Latest news with #Aranols
The Star
5 days ago
- Business
- The Star
Nestle confident of profit upswing in 2H25
Nestle (M) Bhd chief executive officer Juan Aranols. PETALING JAYA: Nestle (M) Bhd , which recorded earnings growth in the second quarter of financial year ended June 30, 2025 (2Q25), remains upbeat on its outlook for the second half of financial year 2025 (2H25), supported by sustained brand strength, digitalisation and cost optimisation to drive profit recovery despite ongoing market headwinds. Chief executive officer Juan Aranols said the company is confident that these efforts will continue to underpin growth and support recovery in the months ahead. 'As we navigate through 2H25, we remain confident in our ability to drive solid growth momentum and profit recovery through the coming quarters,' he noted in a statement. He said while the company remains 'mindful and vigilant of the geopolitical uncertainties that may impact the business environment in Malaysia,' it is well-positioned to stay resilient by accelerating digitalisation and boosting efficiencies to fund brand investments and innovation. 'We will further accelerate our journey through rapid digitalisation and pursuing efficiencies that fuel brand investments and innovations to strengthen market leadership,' he said. For 2Q25, Nestle's revenue rose 9.5% year-on-year to RM1.67bil from RM1.52bil, while net profit surged 19.8% to RM112.11mil from RM93.6mil. The growth was underpinned by broad-based brand performance and continued momentum from festive campaigns in the previous quarter. 'Alongside domestic sales, the company's export business also accelerated, confirming Nestle's international competitiveness while continuing to leverage its role as the largest halal manufacturing hub for the Nestle group worldwide,' the statement noted. For 1H25, revenue rose 4% to RM3.44bil from RM3.31bil in the same period last year, although net profit dipped 5.4% to RM273.45mil from RM289.11mil. Nestle attributed its performance to margin management amid persistent volatility in commodity prices, 'through the systematic application of the Nestle Virtuous Circle framework.' 'This approach emphasises a relentless focus on efficiency and cost optimisation to fund brand investments that drive growth and market share gains,' it noted. 'The profit improvement also reflects solid top-line recovery, supported by a prudent approach to pricing amid cost increases,' the company said. Aranols said the 2Q25 results validated the group's earlier guidance of returning to healthy growth in the 1H25. 'Amid market volatility and intense competition, we continued to drive strong brand plans with effective execution across all sales channels,' he added. Nestle declared a first interim dividend of 70 sen per share during the quarter – unchanged from a year ago. Throughout the quarter, the company maintained its focus on the key drivers of consumer preference for its brands and product offerings – particularly quality, taste and nutritional relevance. 'In combination with its wide distribution network and best-in-class commercial execution, the company's core products performed well, complemented by product innovations that have been positively received by consumers, helping to sustain market leadership positions,' it added. Nestle's shares closed 7% higher yesterday, up RM5.42 to RM82.32.
New Straits Times
6 days ago
- Business
- New Straits Times
Nestle Malaysia's Q2 earnings jumps 20pct on 9.5pct revenue increase
KUALA LUMPUR: Nestlé (Malaysia) Bhd posted a 20 per cent increase in net profit to RM112.1 million for the second quarter ended June 30, 2025, up from RM93.6 million in the same period last year, supported by higher sales and effective cost control. Its revenue for the quarter grew 9.5 per cent to RM1.67 billion from RM1.52 billion previously, driven by steady domestic demand and resilient export performance. In a Bursa Malaysia filing, the company said this reflected its strong global position, particularly as the largest Halal manufacturing hub within the Nestlé Group. It added that continued emphasis on quality, taste, and nutritional value helped maintain strong brand loyalty amid a fast-evolving market. Nestlé Malaysia declared an interim dividend of 70 sen per share, unchanged from the previous year, to be paid on Oct 2. Chief executive officer Juan Aranols said the company is confident in its ability to sustain strong growth momentum and achieve profit recovery in the second half of 2025 (2H25). "We are mindful and vigilant of the geopolitical uncertainties that may impact the business environment in Malaysia. "Despite these ongoing uncertainties, we are committed to upholding our promise to provide great-tasting and nutritious Halal products, under Malaysians' favourite and most trusted brands," he said. Aranols said the company will continue to accelerate its digital transformation and drive efficiencies to support brand investments and innovation, aiming to reinforce its market leadership. This, he added, will be guided by a deep understanding of Malaysian consumer values and a firm commitment to making a positive impact on communities and the environment.
Borneo Post
26-05-2025
- Business
- Borneo Post
Nestlé bets on Sabah, Sarawak to boost local cocoa farming
Arnols (middle) showing the KitKat Dark Borneo chocolate and KitKat Dark ice cream with Nestle officers and a cocoa farmer from Sarikei, Sarawak (left). KOTA KINABALU (May 26): Nestlé Malaysia is looking to Sabah and Sarawak as key regions to revive the once-thriving Malaysian cocoa industry, with a bold plan to source at least 30 per cent of its cocoa needs locally by 2026. Nestlé Malaysia's Chief Executive Officer Juan Aranols who was met at the Malaysia International Cocoa Exhibition here today, described the company's growing investment in sustainable cocoa farming as a long-term commitment to rebuilding local supply chains and supporting smallholder farmers in East Malaysia. 'Malaysia was a big player in the cocoa industry 20 to 30 years ago. There is a big opportunity to regenerate that. At Nestlé, we are very committed,' he said. Aranols revealed that Nestlé has been working closely with the Malaysian Cocoa Board to promote sustainable agricultural practices and reintroduce cocoa farming to new generations of farmers, especially in rural Sabah and Sarawak. 'We want to grow about 30 per cent of our cocoa needs and have them supplied locally, especially with beans grown in Sabah and Sarawak,' he said. 'We're creating and sharing good practices, educating on sustainable farming, and adopting methods that will make cocoa farming a promising opportunity for Malaysian farmers and all the players along the supply chain,' he said. As part of this commitment, Nestlé has established the Nestlé Cocoa Club, which aims to engage at least 600 farmers by 2026. The initiative will include training, support for sustainable farming practices, and a guaranteed market for their produce. 'With all this, we really see that in the horizon, we can fulfil this ambition of growing at least 10,000 tonnes of cocoa to meet our needs for products made in Malaysia,' Aranols said. Currently, Malaysia plays a significant role in the global cocoa processing industry, with several major international companies operating cocoa grinding facilities in the country. However, most cocoa beans are still imported from other regions. 'Malaysia is a big producer of semi-finished cocoa products, but very little of that cocoa is actually grown here. This is a chance to change that and create a more sustainable, self-reliant system,' he pointed out. Aranols also supported the government's efforts to diversify crop production and improve food security in Malaysia, as highlighted by Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani. 'This is a big opportunity to diversify the crops that are grown in Malaysia, to improve the livelihoods of farmers, and to increase food security. We look forward to that happening and we will do our part,' he said. Aranols also unveiled KitKat Dark Borneo ice cream, a new product that showcases cocoa beans sourced entirely from Malaysian soil. It is also available as a chocolate bar and the products are part of Nestlé's effort to highlight the unique potential of Malaysian-grown cocoa. 'These are amazing Nestlé products, both KitKat dark chocolate ice cream and KitKat bars that Malaysians know and love. What's special is that instead of using cocoa beans imported from other parts of the world, all the cocoa used in these products comes from beans grown and farmed right here in Malaysia,' he said. The response from consumers has been overwhelmingly positive, with Aranols calling it 'one of the best-tasting KitKat products worldwide.' 'We're getting lots of requests for exports, but we don't have enough cocoa beans yet. That's why we want more locally grown cocoa to make more KitKat Dark Borneo, both in chocolate and ice cream,' he added. With local farmers, government agencies and industry players working together, Aranols believes that Malaysia's cocoa industry is poised for a strong comeback. 'We're here for the long run, this isn't just about making chocolate, it's about building something meaningful with Sabahans and Sarawakians,' he said.
New Straits Times
25-05-2025
- Business
- New Straits Times
Nestle launches Maggi air fryer-friendly marinade range
KUALA LUMPUR: In response to the growing use of air fryers in 42 per cent of Malaysian households, Nestle Malaysia Bhd has unveiled its latest innovation called the Maggi Air Fryer-friendly range of recipes. Marking Malaysia as one of the first markets globally to introduce this innovative range designed for air fryers, the new range includes a brand-new Satay variant and an enhanced line-up of its popular marinades. Nestle chief executive officer Juan Aranols said as air fryers become a staple in more homes, the company is pleased to innovate with solutions that deliver on its promise to make delicious meals even more accessible to Malaysians. Aranols said the Maggi Air Fryer range embodies Nestle's purpose of unlocking the power of food to enhance quality of life, allowing busy individuals and families to enjoy the flavours that they love with easy preparation. "This launch reflects our deep bonds with Malaysian households and our ongoing commitment to continue enriching cooking experiences that are well-attuned with today's lifestyles," he said. Meanwhile, Maggi Malaysia business executive officer Ivy Tan Link Cheh said while Malaysians love home-cooked meals, many face challenges with time and preparation. "Made with fresh ingredients that deliver authentic taste, our new Air Fryer-friendly " perap" marinade series helps to simplify this by embracing the convenience of modern kitchen appliances, so that everyone, whether seasoned or new to the kitchen, can easily create Malaysian favourites at home. "This innovation reaffirms our brand promise of being every Malaysian's cooking companion, making it easier than ever to serve delicious, traditional flavours that bring families and friends together," she added. The new Maggi Air Fryer-friendly " perap" marinade series features four Malaysian flavours, each crafted with fresh ingredients and a rich blend of traditional spices. The flavours include Ayam Goreng Berempah, Ayam Percik, black pepper and the new Satay variant. The new range provides the convenience to spend less time in the kitchen, and more quality time enjoying good food moments with loved ones.
The Sun
29-04-2025
- Business
- The Sun
Nestle Malaysia posts RM1.77 billion turnover in first quarter
PETALING JAYA: Nestle (Malaysia) Bhd recorded a turnover of RM1.77 billion for its first quarter ended March 31, 2025 (Q1'25), matching the robust sales figures in Q1'24 and reflecting a 20.1% growth compared to Q4'24. For the quarter under review, Nestlé Malaysia delivered profit before tax of RM213 million and profit after tax of RM161.3 million, more than triple Q4'24 earnings and confirming the path to profit normalisation after a challenging 2024. While Q1'25 profit was solid, it moderately contracted against the strong baseline of Q1'24, reflecting an earlier phasing of marketing investments versus 2024, as well as the prudent approach to pricing amidst soaring prices of key commodities, as the company remains mindful of mitigating as much as possible the impact on the purchasing power of the rakyat. Nestle Malaysia CEO Juan Aranols said that first quarter results are encouraging and represent an important step in their journey back to healthy growth levels and profit normalisation after some challenges in the previous quarters. Amid market volatility and intense competition, the company continued to drive solid brand plans with effective execution across all channels online and offline. Aranols said that as they navigate through 2025, they remain vigilant of the multiple factors of volatility in the global market that may impact business conditions, while staying committed to their promise of providing nutritious great-tasting halal products that meet Malaysians' needs across all life stages. He added that they are driving automation and digitalisation within their organisation as key enablers of agile decision-making and savings, which in turn fund brand investments and innovations to strengthen market leadership. 'This is what we call the virtuous circle of profitable sustainable growth, always anchored on a strong understanding of Malaysians' value expectations,' Aranols said. In Q1'25, Nestle Malaysia kept up a solid pace in its environmental, social and governance initiatives, including the expansion of its Project SAVE waste collection beyond Klang Valley to Penang Island. 'While the operating environment continues to present challenges, the signs we are observing in terms of improved consumer sentiments are encouraging. As guided earlier, we are confident in returning to healthy growth levels by H1 2025, and consolidate the normalisation of our profitable and sustainable growth path. We will continue to invest in product innovation and in enhancing our capabilities at all levels – manufacturing, logistics, commercial, etc. 'As we have done throughout our 113 years in Malaysia, we will continue to be a positive force contributing to the wellbeing of the Rakyat. Building on our strong foundation in the nation, we are confident on this outlook, while we carefully monitor global geopolitical and market developments that may affect broader economic conditions,' Aranols said.
