Latest news with #JuanAranols
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.
The Sun
5 days ago
- Business
- The Sun
Nestle Malaysia's Q2 earnings boosted by strong sales momentum
PETALING JAYA: Nestle Malaysia delivered positive sales growth for the first half of 2025, driven by solid acceleration in its second quarter ended June 30, 2025 (Q2'25). In Q2'25, the company recorded a turnover of RM1.67 billion, an increase from RM1.52 billion in Q2'24. For the quarter, Nestle Malaysia delivered a higher profit before tax of RM148.6 million and profit after tax of RM112.1 million, both marking double-digit growth against the Q2'24 baseline. The strong sales momentum in the second quarter was broad-based across brands and reflects further sales progress following successful Chinese New Year and Ramadan/Hari Raya campaigns in the first quarter. Nestle Malaysia announced a first interim dividend of 70 sen per share, the same amount as in the prior year. Alongside domestic sales, the company's export business accelerated, confirming Nestle Malaysia's international competitiveness, while continuing to leverage its role as the largest halal manufacturing hub for the Nestle Group worldwide. In a statement yesterday, the company said this performance underscores its ability to manage margins amid sustained volatility in commodity prices through the systematic application of the Nestle Virtuous Circle framework. CEO Juan Aranols said, 'The second quarter results validate our earlier guidance of returning to healthy growth by H1 2025. Amid market volatility and intense competition, we continued to drive strong brand plans with effective execution across all sales channels. We remain committed to continue honouring the trust Malaysians place in our brands and products, always Halal-certified and proudly made in Malaysia, by Malaysians and for Malaysians.' Throughout the quarter, Nestle Malaysia maintained its focus on the strong drivers of preference for its brands and product offerings in an evolving marketplace, namely those associated with 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. In Q2'25, Nestle Malaysia continued to advance its environmental, social and governance efforts through impactful collaborations and sustainability initiatives. To further strengthen its commitment to responsible sourcing, the company signed a memorandum of understanding with the Malaysian Sustainable Palm Oil (MSPO) to uphold good trade and sourcing best practices that meet international requirements. Nestle further advanced its commitment to reenergise cocoa farming in Malaysia, as showcased during the Malaysian International Cocoa Fair 2025 where the company reinforced its ambition to source 10,000 tonnes of locally grown cocoa by 2034. 'Our focus remains on delivering shared value to both local communities and the environment. Each of these efforts is a step toward shaping a more inclusive, sustainable future for Malaysia,' said Aranols. 'As we navigate through the second half of 2025, we remain confident in our ability to drive solid growth momentum and profit recovery through the coming quarters,' he said, adding that they are mindful and vigilant of the geopolitical uncertainties that may impact the business environment in Malaysia. For the six months period to June 30, 2025, Nestle Malaysia's net profit fell to RM273.45 million from RM289.11 millionl in H1'24 although revenue rose to RM3.44 billion from RM3.31 billion in the corresponding period in 2024.
The Star
5 days ago
- Business
- The Star
Strong sales momentum underpins Nestle Malaysia's higher bottomline in 2Q
Juan Aranols, CEO of Nestlé Malaysia —ONG SOON HIN /The Star Reporter Kiren KUALA LUMPUR: Nestle (Malaysia) Bhd has made good on its earlier guidance that it would return to healthy growth by the first half of 2025. In the second quarter ended June 30, 2025 (2QFY25), the food and beverage firm posted a net profit of RM112.11mil, up from RM93.6mil in the same quarter in 2024. Earnings per share rose to 47.81 sen from 39.91 sen in the comparative quarter. The group reported revenue of RM1.67bil, improved from RM1.52bil in 2QFY24, with strong sales momentum across brands and further sales progress following the festive campaigns in the preceding quarter. Nestle Malaysia CEO Juan Aranols attributed the positive performance to the company's ability to manage margins amid sustained volatility in commodity prices through the systematic application of the 'Nestlé Virtuous Circle' framework. He explained the approach as a relentless focus on efficiency and cost optimisation to fund brand investments that drive growth and market share gains. "Amidst market volatility and intense competition, we continued to drive strong brand plans with effective execution across all sales channels," he said. "We remain committed to continue honouring the trust Malaysians place in our brands and products, always Halal-certified and proudly made in Malaysia, by Malaysians and for Malaysians." Moving forward, Aranols said the group remains confident in the second half of 2025 as it drives solid momentum and profit recovery through the coming quarters. "We are mindful and vigilant of the geopolitical uncertainties that may impact the business environment in Malaysia," he added. During the six months period to June 30, 2025, Nestle's net profit slipped to RM273.45mil from RM289.11mil in 1HFY24, while revenue was higher at RM3.44bil from RM3.31bil in the same period in 2024. The board of directors declared an interim dividend of 70 sen with an entitlement date of Sept 3, 2025, and payment date on Oct 2, 2025.
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.
New Straits Times
21-07-2025
- Business
- New Straits Times
Nestlé teams up for marine conservation
KUALA LUMPUR: Nestlé (Malaysia) Bhd has teamed up with Universiti Malaysia Terengganu (UMT), the Fisheries Development Authority of Malaysia (LKIM) and the fishing community of Pantai Tok Jembal to implement marine conservation and community support initiatives. Carried out under the Nestlé Sayang Komuniti Employee Volunteer Programme, the initiative focuses on rehabilitating the coastal environment and raising public awareness of the effects of ocean pollution. The company said the effort supports fishing communities whose livelihoods rely on healthy oceans and abundant marine ecosystems, through collaboration and active community involvement. "Alongside Pantai Tok Jembal, Nestlé volunteers and UMT's Ocean Heroes team also conducted an underwater clean-up at the nearby Pulau Bidong to remove ghost nets from the ocean floor. "These discarded fishing nets cause boats to damage coral reefs and marine ecosystems. UMT researchers also carried out waste audits to collect data that will support long-term marine protection." Nestlé Malaysia said more than 350 volunteers, including its employees, students from UMT and representatives from LKIM, worked together with support from the Malaysian Maritime Enforcement Agency to carry out various conservation and community activities. These included removing ghost nets from the seabed, cleaning the shoreline, clearing barnacles from fishing boats, repairing fishing huts, and distributing essential supplies to the local fishing community. Nestlé Malaysia chief executive officer Juan Aranols said the company's goal of achieving plastic neutrality drives its commitment to collaborate with local stakeholders in removing plastic waste from the environment and integrating sustainable practices throughout its value chain. "This collaboration in Terengganu with our partners and the community of Pantai Tok Jembal reflects our deep commitment to protecting natural ecosystems while supporting those whose livelihoods depend on them. "With microplastics increasingly threatening our food systems, initiatives like this are not only vital for environmental health but also for strengthening Malaysia's food security, food safety and the long-term resilience of our coastal communities."
