Sales of Purina PetCare supported Nestlé’s growth globally in fiscal year 2019 (FY19). Nestlé reported their performance in FY19 on Feb. 13, including overall organic growth of 3.5%, and sales of US$94.9 billion (CHF92.6 billion). Purina PetCare sales reached US$13.955 billion (CHF13.622 billion) in FY19, representing organic growth of 7%.
While all Nestlé’s product categories saw positive organic sales growth, the largest contribution came from Purina PetCare and its premium brands Purina Pro Plan and Purina ONE.
North America’s largest contributors to organic growth were Purina PetCare and the beverages category. Purina PetCare saw strong sales development in e-commerce, premium brands such as Purina Pro Plan and Purina ONE, and veterinary products. Tidy Cats litter had double-digit growth.
Latin America recorded double-digit growth for Purina PetCare.
Europe, Middle-East and North Africa largest growth contributor was Purina PetCare, supported by Felix, Purina ONE and Tails.com.
Japan and Oceania maintained low single-digit growth with strong demand for Purina PetCare products. By product category, one of the largest contributions to Asia, Oceania and sub-Saharan Africa’s growth came from Purina PetCare.
"We saw strong progress in 2019, with key operating and financial metrics improving significantly for the second consecutive year,“ Mark Schneider, Nestlé CEO, said in a press release. “Organic growth accelerated, fueled by strong momentum in the United States and Purina PetCare globally. Profitability improved again and reached our guided range one year ahead of plan. Cash flow was strong, while underlying earnings per share and returns to shareholders reached record levels. In 2020, we expect continued organic sales growth improvement as we take further steps to decisively address underperforming businesses.
As Purina and other pet food companies grow worldwide, opportunities open for employment in the dog, cat and other pet food and treat industries. The Petfood Industry Career Center is available to help connect employers to job seekers. This self-serve website offers useful tools and resources to link job seekers with opportunities – advancing connections in this fast-growing global industry.
Features of the Career Center include:
The Petfood Industry Career Center is solely dedicated to linking you to job opportunities in the pet food industry.
By Lindsay Beaton
This country is straddling the line between developing and developed as more of its citizens see the value in pet ownership.
By Lindsay Beaton