2006 Full Year Roadshow

Total Page:16

File Type:pdf, Size:1020Kb

2006 Full Year Roadshow 2006 full year roadshow 2006 full year roadshow - February 2007 Name of chairman Disclaimer This presentation contains forward looking statements which reflect Management’s current views and estimates. The forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments. 2 2006 full year roadshow - February 2007 Name of chairman Agenda Paul Polman – 2006 update € 2006 Financial highlights € Strategic and operational transformation as drivers of 2006 performance Peter Brabeck – longer term perspective € Strategic and operational transformation as drivers of longer term performance € The demographic opportunity € Popularly positioned products 3 2006 full year roadshow - February 2007 Name of chairman Paul Polman 2006 full year roadshow - February 2007 Name of chairman 2006 Highlights – all metrics improve FY06 total Improvements FY 06 v 05 Sales – total + 8.1% + CHF 7.3 bio CHF 98.5 bio Organic growth + 6.2% EBIT + 12% + CHF 1.4 bio CHF 13.3 bio EBIT margin + 50bps 13.5% Net profit + 13.8% + CHF 1.1 bio CHF 9.2 bio Net profit margin + 40bps 9.3% Working capital + 100 bps - CHF 1.0 bio 6.7% (% of sales) Operating cash flow +14.4% + CHF 1.5 bio CHF 11.7 bio + 70 bps ROIC - before goodwill + 40 bps 21.2% - after goodwill + 30 bps 11.7% 5 2006 full year roadshow - February 2007 Name of chairman Food and Beverages Delivering the Nestlé Model CHF 91.8 bio 5.9% CHF 11.2 bio 12.2% 4.2% 2006 Strong + 7.8% on-going + 11.2% +40bp growth CHF 85.1 bio 6.0% CHF 10.0 bio 11.8% 3.8% 2005* Sales RIG OG EBIT EBIT margin * Restated to be on comparable basis 6 2006 full year roadshow - February 2007 Name of chairman 2006 Highlights € Successful delivery of the Nestlé Model Food and Beverage the driver of growth and profitability Performance improves across all key metrics € Strategic brands drive growth "Billionaire" brands over 70% of F&B sales, with new members Nespresso, Dog Chow, Poland Spring, Nestlé Pure Life € Nutrition, health and wellness transformation Uncle Tobys, Jenny Craig, Novartis Medical Nutrition 60/40+, BABs, Nutritional Compass Divestitures of commoditised low value business € Organisational transformation Leverage GLOBE, accelerate shared services Profit responsibility pushed down the company Stand-alone Nestlé Nutrition and FoodServices 7 2006 full year roadshow - February 2007 Name of chairman "Billionaire Brands" deliver robust growth Growth % BABs AV market growth 8 2006 full year roadshow - February 2007 Name of chairman Nestlé Waters High growth and margin improvement Performance Highlights Sales CHF: 9.6 bio • North America share gains driven by OG: 8.2% Poland Spring, Deer Park, Ozarka and Nestlé Pure Life Mkt share*: € • Nestlé Aquarel growth driver Europe • Panna and S.Pellegrino most successful international brands EBIT +60 bps • Efficiency projects, HOD and growth contribute to improved EBIT margin 8.7% 8.1% 0.7 bio 0.8 bio 2005 2006 * Billionaire Brands 9 2006 full year roadshow - February 2007 Name of chairman Nestlé Waters Growth drivers in 2007 € North America CHF 100bio € Middle East & Turkey market € Mexico € Innovation & renovation in Europe and North America € Water + 10 2006 full year roadshow - February 2007 Name of chairman Powdered & Liquid Beverages Dynamic growth; strong innovation Performance Highlights Sales CHF: 16.3 bio • Mixes & premium drive strong Nescafé performance OG: 7.9% • Succesful launch of Nescafé Dolce Gusto Mkt share*: € • Nespresso grows 40% to over CHF 1 bio 35 boutiques opened in ’06 EBIT -30 bps • MILO: continuous good growth • Ready to drink near double digit growth in 22.4% Americas Nesquik, Juicy Juice 22.7% 3.4 bio 3.6 bio 2005 2006 * Billionaire Brands 11 2006 full year roadshow - February 2007 Name of chairman Powdered & Liquid Beverages Growth drivers in 2007 € BRIC CHF 60bio € Dolce Gusto Market* € Nespresso – boutique openings € Nescafé 3-1; Cappuccino € Nesquik / Nescafé RTD € MILO - continued growth *Coffee 12 2006 full year roadshow - February 2007 Name of chairman Nutrition: transition year to global business Move into Weight Management Performance Highlights Sales CHF: 6 bio • Growth up by 200 bps in H2 OG: 6.1% • Innovation in infant formula Mkt share: & cereals key drivers • NAN HA & NAN probiotic roll-out at 85% EBIT -80 bps • Leader in 3 out of BRIC • Successful Nestlé Nutrition set-up 16.9% 17.7% • Phasing of start-up costs • Jenny Craig 30% growth but EBIT impact 0.9 bio 1.0 bio 2005 2006 13 2006 full year roadshow - February 2007 Name of chairman Nutrition Growth drivers for 2007 € Further roll-out of NAN HA & NAN probiotic to 95% € Innovation across Infant Formula Boost ReSource Optifast € PowerBar relaunch € Jenny Craig € Medical Nutrition integration NovaSource IsoSource Vivonex CHF 100bio Peptinex Impact Compleat Market 14 2006 full year roadshow - February 2007 Name of chairman Dairy: Milk products build on success Ice cream improves Performance Highlights Sales CHF: 19.5 bio Milk products OG: 5.1% • Americas & AOA grew 8%+ on shelf stable Mkt share* (MP):€ • Key drivers: Nido, Ninho, Bear Brand, Focus on segmentation / value-add Mkt share* (IC): € • CoffeMate grew double digit - good consumer understanding and interaction EBIT +100 bps Ice cream 10.3% • Dreyer’s “Quality of sales” strategy improved margin 9.3% • Eskimo pie to strengthen impulse position • Successful product launches in Western 1.7 bio 2.0 bio Europe building on low fat and Dibs innovation • Balanced top and bottom line growth for ‘07 2005 2006 * Billionaire Brands 15 2006 full year roadshow - February 2007 Name of chairman Dairy and Ice cream Growth drivers 2007 Dairy € BRIC opportunity € Children 1-5 – Nido € Adult nutrition – Nesvita € CoffeeMate Ice cream € Super premium in Europe € Continued roll-out of LTF & extensions € Innovation in Impulse CHF 70bio Market* *CHF 30 bio Core Shelf Stable; CHF 40 bio Ice cream 16 2006 full year roadshow - February 2007 Name of chairman Prepared dishes and cooking aids AOA and Americas deliver high growth Performance Highlights Sales CHF: 17.6 bio • Good growth in Frozen in North America OG: 4.8% and France (Davigel) Mkt share*: • Stouffer’s and Lean Cuisine star in US, € Panini launch exceeds $100mio • Hot Pockets US growth poor but good EBIT +10 bps margin • Double digit growth in Culinary from Maggi 13.2% and local brands in AOA 13.1% • Buitoni performs well in Chilled in US and frozen pizza performs well in Europe 2.2 bio 2.3 bio 2005 2006 * Billionaire Brands 17 2006 full year roadshow - February 2007 Name of chairman Prepared dishes and cooking aids Growth drivers in 2007 € Stouffer's, Lean Cuisine € Buitoni Chilled Culinary US € Maggi AOA € Wagner Germany € Hot Pockets acceleration 18 2006 full year roadshow - February 2007 Name of chairman Chocolate, confectionery and biscuits Success in many markets undone by two Performance Highlights Sales CHF: 11.4 bio • Kit Kat* grew 7% - trend to lighter snacks OG: 2.6% • Latin America, AOA & Eastern Europe strong Mkt share: • Western Europe focused on margins • UK “Magnificent 7” brands achieve share gains EBIT -10 bps • US market declined in '06 • Strong growth in Japan 11.6% 11.5% • Acquisition of Uncle Tobys and move into “Healthy snacking” • Nestlé #1 player in branded dark chocolate, 1.3 bio 1.3 bio high in antioxidants 2005 2006 * Billionaire Brands 19 2006 full year roadshow - February 2007 Name of chairman Chocolate, confectionery and biscuits Growth drivers in 2007 € BRIC opportunity CHF 80bio € KitKat Market € Key local brands € Improvement in the UK 20 2006 full year roadshow - February 2007 Name of chairman PetCare Good growth and margin improvement Performance Highlights Sales CHF: 11.4 bio • Innovation in strategic premium and super premium brands drives profitable growth OG: 7.1 • Beneful sales up 44%: “Healthy” lines, Mkt share: € expansion in Europe & launch of prepared meals EBIT +60 bps • North America: Successful launch of “natural” and “fully organic” lines: ONE 15.1% Naturals, Dog & Cat Chow Naturals and Pro Plan Selects 14.5% • Europe: successful focus on super premium and premium products • High growth on Gourmet, ProPlan, ONE, 1.5 bio 1.7 bio Darling and Beneful driven by innovation and growth in speciality and grocery channels 2005 2006 * Billionaire Brands 21 2006 full year roadshow - February 2007 Name of chairman PetCare Growth drivers in 2007 € Premium and super premium brands CHF 50bio € European roll-outs of successful Market US initiatives € ONE into new markets € Hyper premium wet cat, Perle, Diamante € Continued development of ProPlan 22 2006 full year roadshow - February 2007 Name of chairman Improving performance of Nestlé F&B Finance Focus areas € Drive simplicity to capture scale € Tackle underperformers € Improve capital efficiency € All with discipline in execution 23 2006 full year roadshow - February 2007 Name of chairman Driving Simplicity, scale and Tackling underperformers Simplicity 2006 2007 SKU optimisation -7% -10% Legal Structures 20% of project target -10% Scale GLOBE 80% leverage Shared Services 30% 50% Operational Excellence CHF 1.2 bio CHF 1.2 bio Underperformers Reduce Value Destroyers sales over ongoing CHF 2 bio Capital efficiency Working capital -100bps further improvement 24 2006 full year roadshow - February 2007 Name of chairman Drive simplicity across the business SKU optimisation - Russia Actions Results 140 • Cross-functional team 130 131 • Action plan against each 120 underperforming SKU 118 x e d 110 • Defined responsibilities & timing n I • Hurdles rates for new SKUs 100 • Tracking results • Enabled by GLOBE 90 85 80 Current Portfolio New Portfolio (excluding natural Market growth) EBIT Margin NPS/Sales # SKUs Focus on core SKUs drives financial performance 25 2006 full year roadshow - February 2007 Name of chairman Shared Services Achieve critical mass and sustainability 2006 2007 2008 GNBS (Shared Services) implementation Approx.
Recommended publications
  • Nestlé in the United States Meeting Society’S Needs by Creating Shared Value Letter from the Ceos
    Nestlé in the United States Meeting society’s needs by Creating Shared Value Letter From the CEOs At Nestlé, we are committed to becoming the very best Nutrition, Health and Wellness company. Achieving this means doing more than just providing consumers and their pets with great-tasting, nutritious food and beverages. It means creating value for our employees, customers, consumers and their families, as well as society at large. We call this approach Creating Shared Value. Creating Shared Value is a way of doing business that goes beyond philanthropy. It is a basic principle of our business strategy and fundamental to our overall success as a company. For our business to prosper in the long term, we must create value for shareholders and society in a manner that is integrally linked to our core business strategies and operations. Globally, Nestlé’s Creating Shared Value focuses on the areas of nutrition, water and rural development. • Since its founding in Switzerland more than 140 years ago, Nestlé has achieved long-term profi table growth by providing nutritious products that improve the health of its consumers. As a result, Nestlé today is the world’s largest Nutrition, Health and Wellness company. • A business must operate in an environmentally sustainable manner, in a way that provides for current needs without compromising the Earth’s resources for use and enjoyment by future generations. Nestlé works diligently in this area, with a special focus on water resources. • Economic development, particularly rural development, is key to improving the lives of farmers and rural communities. Nestlé has been contributing to economic development over many decades, primarily through our work with farmers and through our 456 factories, half of which are in the developing world, and most of which are in rural areas.
    [Show full text]
  • 5129P Sell Sheets.Qxd 8/3/17 8:12 AM Page 1
    At A Glance _5129P Sell sheets.qxd 8/3/17 8:12 AM Page 1 North America Nestlé Waters Nestlé Waters is part of the Nestlé NFeosrt léF oWuarte Drse Ncoartdhe As merica Inc.’s S.A. family of companies, headquartered At A Ghisltorya begann in 1976c with juest one 2i0n Vevey1, Switze7 rland. Founded by Henri brand, Perrier ® Sparkling Natural Nestlé in 1866, Nestlé S.A. celebrated its Mineral Water. Today we are the 150th anniversary and is the leading food third largest non-alcoholic beverage and beverage company in the world, company in the U.S. by volume and with more than 335,000 employees offer 11 bottled water brands and worldwide. Consumers know Nestlé best three ready-to-drink tea brands to for its respected brands, including ® ® our discerning and loyal consumers. Nescafé coffee, Gerber Foods, ® ® Our affiliate, Nestlé Waters Canada, Stouffer’s and Lean Cuisine frozen ® offers five bottled water brands to its foods and Purina pet products. Canadian consumers. Nestle aims to enhance people’s quality of life and contribute to a healthier future. Nestlé is the largest Our Commitments private funder of health and nutrition The Healthy Hydration Company TM Creating shared value for the business, the environment and communities is research globally. Its desire to provide brought to life every day by our of more consumers with “the very best” food than 8,500 employees and demonstrated throughout their lives is reflected in the by our positive work culture, high-quality famous Nestlé logo depicting a mother products, ever increasing responsibility bird feeding her young in the nest.
    [Show full text]
  • Bottled Water
    Texas State University eCommons@Texas State University University Honors Program University College 5-1-2006 Bottled Water: Why Is It so Big? Causes for the Rapid Growth of Bottled Water Industries Mark Miller Texas State University-San Marcos, University College, Mitte Honors Program Recommended Citation Miller, Mark, "Bottled Water: Why Is It so Big? Causes for the Rapid Growth of Bottled Water Industries" (2006). University Honors Program. Paper 7. http://ecommons.txstate.edu/honorprog/7 This Thesis is brought to you for free and open access by the University College at eCommons@Texas State University. It has been accepted for inclusion in University Honors Program by an authorized administrator of eCommons@Texas State University. For more information, please contact [email protected]. Bottled Water: Why Is It so Big? Causes for the Rapid Growth of Bottled Water Industries Approved: ______________________________ Director, Mitte Honors Program Approved: _________________________ Dr Brock Brown, Supervising Professor 1 Bottled Water: Why Is It so Big? Causes for the Rapid Growth of Bottled Water Industries HONORS THESIS Presented to the Honors Committee of Texas State University-San Marcos In Partial Fulfillment of The Requirements For Graduation in the Mitte Honors Program By Mark Miller San Marcos, TX May 2006 2 Introduction Recently, American consumers, as well as overseas consumers, have seen the dramatic expansion of the bottled water industry (Howard, 2003). The growth and penetration of the industry has been unprecedented, and is comparable to the recent proliferation of home computers. In a mass change of habit, Americans turned from buying sodas and beers to bottled water.
    [Show full text]
  • Find Your Brand
    Find your brand - Ratings for 173 bottled waters The Environmental Working Group rated 173 bottled waters for transparency - what each company is willing to share with you about where their water comes from, how or if it's treated, and how pure it is. More than half of all bottled waters flunked. Bottom line? Drink plenty of water, but avoid bottled water when you can. It pollutes the environment and is often nothing more than tap water. When you must, choose brands with high scores (clear labeling) and advanced treatment. PRODUCT GRADE (Stop & Shop) Acadia Natural F Spring Water (Stop & Shop) Electrolyte Enhanced Water D ! ! (Walgreens) Drinking Water F ! ! (Walgreens) Pure Drinking Water ✓ C ! ! (Walgreens) Spring Water D ! ! 365 Everyday Value Spring Water D ! ! 7 Select Spring Water D ! ! Acqua Panna Natural Spring Water C ! ! Alhambra Crystal-Fresh Purified Water ✓ C ! ! Alhambra Jr. Sport Crystal-Fresh Purified Water ✓ D ! ! American Falls Purified Drinking Water ✓ D ! ! Angel Fire Water Drinking Water F ! ! Aquafina Purified Drinking Water ✓ D ! ! Aquarius Spring! Natural Spring Water C ! ! Archer Farms Natural Spring Water F ! ! Arrowhead Mountain Spring Water C ! ! Athena Purified Water with Minerals Added ✓ F ! ! Atlanta Bread Natural Spring Water D ! ! Belmont Springs Purified Water ✓ C ! ! Big Y Natural Spring Water F ! ! Bristol Farms Drinking Water F ! ! Calistoga Sparkling Mineral Water C ! ! Chukchansi Gold Resort and Casino Purified F ! ! PRODUCT GRADE Drinking Water Ciao Acqua Naturale Natural Spring Water F ! ! Cool
    [Show full text]
  • Merchandising Requirements Herb N' Kitchen Market
    MERCHANDISING REQUIREMENTS HERB N’ KITCHEN MARKET HN'K UPC NAME SIZE UOM MANUFACTURER XX 49000002841 Dasani Water 20 oz. Coca-cola 78616233800 Glaceau Smartwater 20 oz. Coca-cola XX 22592778013 Ozarka (or Nestle) Natural Spring Water 16.9 oz. Ozarka XX 6827400005 Nestle Pure Life Water 16.9 oz. Nestle XX 4900000044 Coke 20 oz. Coca-cola XX 4900000045 Diet Coke 20 oz. Coca-cola 049000042559 Coke Zero 20 oz. Coca-cola 7292900217 Seagram's Ginger Ale 20 oz. Coca-cola XX 14900000660 Sprite 20 oz. Coca-cola XX 7800008240 Dr. Pepper 20 oz. Dr Pepper Snap XX 7800008372 Diet Dr. Pepper 21 oz. Dr Pepper Snap 492719002558 Fanta Orange 20 oz. Coca-cola XX 7279602271 Ibc Root Beer 20 oz. I.B.C XX 0490003710 PowerAde ZERO Berry Fruit Punch 20 oz. Coca-cola XX 4900000790 PowerAde Mt Blast 20 oz. Coca-cola XX 78616215000400 Glaceau vitamin water XXX 20 oz. Coca-cola XX 78616200297 Glaceau vitamin water ZERO squeezed Lemonade 20 oz. Coca-cola 78616207000 Glaceau vitamin water energy Kiwi - Strawberry 20 oz. Coca-cola 180127000852 ZICO Chocolate Coconut Water 14 oz. Coca-cola XX 61126999100 Red Bull 8.40 oz. Red Bull XX 61126910171 Red Bull Sugar Free 8.40 oz. Red Bull XX 78616233800 Smart Water 1 Ltr Coca-cola And/or San Pell 7478043996 Perrier 16.9 oz. Nestle And/or Perrier 4150880012 San Pellegrino Sparkling 750 ml Nestle XX 657622222015 Honest Tea Honey Green 500 ml Coca-cola 83900005771 XX Gold Peak Unsweetened Tea 18.5 oz. Coca-cola 83900005757 XX Gold Peak Sweet Tea 18.5 oz.
    [Show full text]
  • Company Contact Information
    Moola SavingMom.com Company Contact List Company Manufacturer Phone Website Contact Us Email Form Actual Email Address Address 1 Address 2 City/State/Zip 3 Musketeers Dr.Mars, Pepper Inc. Snapple http://www.3musketeers.com/ https://www.3musketeers.com/Contact 7-Up Group 1-800-696-5891 http://www.7up.com/ http://www.econsumeraffairs.com/am_bev/contactus.htm?F1=7up&F2=7up Attn: Consumer Relations P.O. Box 86077 Plano, TX 75086-9077 9Lives Cat Food Big Heart Pet Brands 1-800-252-7022 http://9lives.com/ http://www.bigheartpet.com/Contact/ContactUs.aspx A.1. Sauce Dr.Kraft Pepper Foods Snapple 1-877-535-5666 http://www.kraftrecipes.com/products/a1.aspx http://kraftfoods.custhelp.com/app/contact/sa/1/ Consumer Relations Three Lakes Drive Northfield, IL 60093 A&W Rootbeer Group http://www.rootbeer.com/ http://www.econsumeraffairs.com/am_bev/contactus.htm?F1=rootbeer&F2=A_W Abbott Nutrition (800) 227-5767 http://abbottnutrition.com/ https://abbottnutrition.com/contact-us ACH Food Companies, Inc. 800-247-5251 http://www.achfood.com/ http://www.achfood.com/contact-us.cfm [email protected] 2301 SE Tone’s Drive Ankeny, IA 50021-8888 ACT Chattem, Inc. http://www.actoralcare.com/ http://www.actoralcare.com/contact-us/ Chattem, Inc. P.O. Box 2219 Chattanooga, TN 37409-0219 Advil Colgate-PalmolivePfizer Inc 1-800-882-3845 http://www.advil.com/ http://www.advil.com/faqs PCH Product Information PO Box 1043 Kings Mountain, NC 28086 Ajax Company 1-800-468-6502 http://www.colgate.com/app/PDP/Ajax/US/EN/home.cwsp http://www.colgate.com/app/Colgate/US/Corp/ContactUs.cvsp Aleve Bayer Healthcare LLC 1-800-395-0689 http://www.aleve.com/ http://www.aleve.com/contact/email-us/ Attn: Consumer Relations 100 Bayer Boulevard Whippany, NJ 07981-0915 Alka-Sletzer Bayer Healthcare, LLC 1-800-986-0369 http://www.alkaseltzer.com/as/ http://www.alkaseltzer.com/as/contact.html http://www.alkaseltzer.com/as/emailus.html Attn: Consumer Relations 100 Bayer Boulevard Whippany, NJ 07981-0915 Allegra Chattem, Inc.
    [Show full text]
  • Nestlé Purina Petcare Creating Shared Value
    Nestlé Purina PetCare Creating Shared Value 2011 Corporate Responsibility Report Zone Americas Key Facts: • Nestlé Purina PetCare businesses employ approximately 9,850 people in the Americas, with approximately 6,900 in the U.S., 500 in Canada and 2,450 in Latin America. • Headquarters for Nestlé Purina PetCare Company in the U.S. and its Latin America division are located at Checkerboard Square in St. Louis, Mo., USA. • In 2010, Nestlé Purina PetCare had global sales of $12.5 billion. • Nestlé Purina PetCare Company is the Number One U.S. PetCare Company in sales, volume and market share, and as of December 2010, had achieved five consecutive years of improved market share growth and 17 consecutive years of revenue growth. • The Purina® brand stands for Trust, and the Purina brand consistently maintains a leadership position for “Trust” with pet owners. We earn that trust every day with our unparalleled knowledge of our consumers and their pets; our expertise in nutrition; our comprehensive range of high- quality established brands; and our dedicated associates, whose mission is to enrich the lives of pets and the people who love them. In the U.S., 93 out of the top 100 U.S. all-breed show dogs • Nestlé Purina PetCare manufactures some of the world’s most popular and ® ® ® (according to American Kennel Club statistics) are fed trusted pet food brands, including Purina Dog Chow , Purina Cat Chow , Purina Pro Plan brand dog food. In addition, the Best in Friskies® canned and dry cat foods; Fancy Feast® canned and dry cat food Show winners at the past five Westminster Dog Shows and treats; ALPO® canned and dry dog foods; Mighty Dog® canned dog are Purina Pro Plan-fed dogs.
    [Show full text]
  • September 2009 Tasty and Healthy
    September 2009 Tasty and healthy www.petfoodindustry.com All in the family Ken Nelson, Bob Perszyk and Charlie Nelson of Tuffy’s Pet Foods, p. 26 Riding out the recession The age of convenience Digital version at www.petfoodindustry-digital.com 101-0909PETcov_C2201R5186.indd 101 8/26/2009 6:23:26 PM No passport required. Woven Poly Bags Made in the U.S.A. Accept no imitations. Avoid the hassle of service and quality problems of imported bags. Call us today and you won’t have to call us later. N Short lead times N Dependable service N Award-winning, quality product N 10-color water-based flexographic printing N FDA-approved / AIB certified N Seamless or seamed N EZ open closures Contact us at [email protected] or call 866-WVN-BAGS (866-986-2247) N Slider zipper closures super-tube.com | coating-excellence.com | Wrightstown, Wisconsin 001-0909PETcovads_C2201R5250.indd 1 8/26/2009 6:44:02 PM 001-0909PETcovads_C2201R5250.indd 1 8/27/2009 3:14:46 PM Digital version available online at www.petfoodindustry-digital.com September 2009 Volume 51, Number 9 Features26 All in the family By Debbie Phillips-Donaldson Tuffy’s Pet Foods succeeds by working family to family and doing the small things right. 3 0 Riding out the recession By Jessica Taylor 38 The tide continues to turn in favor of the petfood market thanks to natural, wellness and new products making waves. 3 8 Tasty and healthy By Debbie Phillips-Donaldson Many of today’s palatants also deliver nutritional or functional benefits to petfood.
    [Show full text]
  • What's Really in Your Bottled Water?
    What’s Really in Your Bottled Water? Consumer Reports found toxic PFAS chemicals in several popular water brands, especially carbonated ones By Ryan Felton September 24, 2020 3.1K SHARES CR recently tested 47 bottled waters, including 35 noncarbonated and 12 carbonated ones. For each product, we tested two to four samples. The tests focused on four heavy metals (arsenic, cadmium, lead, and mercury), plus 30 PFAS chemicals, which pose special concerns because they can linger in the environment almost indefinitely. The federal government has issued only voluntary guidance for PFAS, saying the combined amounts for two specific PFAS compounds should be below 70 parts per trillion. A few states have set lower limits, of 12 to 20 ppt, according to American Water Works, an industry group. The International Bottled Water Association, another group, says that it supports federal limits for PFAS and that bottled water should have PFAS levels below 5 ppt for any single compound and 10 ppt for more than one. Some experts say the cutoff for total PFAS levels should be even lower, 1 ppt. Noncarbonated Water Most of the noncarbonated products CR tested had detectable levels of PFAS, but only two—Tourmaline Spring and Deer Park—exceeded 1 part per trillion. Tourmaline Spring says the amount of PFAS in its bottled water is below the levels set by the IBWA and all states. Nestlé, which makes Deer Park, says that its most recent testing for the brand indicated undetectable levels of PFAS. All noncarbonated water that CR tested had heavy metal levels well below federal safety limits, with one exception: Starkey Spring Water owned by Whole Foods.
    [Show full text]
  • At a Glance 2016
    At A Glance _5129P Sell sheets.qxd 11/1/16 12:49 PM Page 1 North America Nestlé Waters Nestlé in 1866, Nestlé S.A. is celebrating NFeosrt léF oWuarte Drse Ncoartdhe As merica Inc.’s its 150th anniversary and is the leading At A Ghisltorya begann in 1976c with juest one 2f0ood an1d bever6 age company in brand, Perrier ® Sparkling Natural the world, with more than 339,000 Mineral Water. Today we are the third employees worldwide. Consumers know largest non-alcoholic beverage Nestlé best for its respected brands, ® ® company in the U.S. by volume and including Nestlé chocolate, Nescafé ® ® offer 11 bottled water brands and coffee, Gerber Foods, Stouffer’s and ® ® three ready-to-drink tea brands to Lean Cuisine frozen foods and Purina our discerning and loyal consumers. pet products. Our affiliate, Nestlé Waters Canada, Nestlé is positioned to be the world’s offers five bottled water to its Canadian leading nutrition, health and wellness consumers. company. Nestlé is the largest private funder of health and nutrition research globally. Its desire to provide Our Commitments consumers with “the very best” food The Healthy Hydration Company TM Creating shared value is brought to life every day by our team of 8,500 throughout their lives is reflected in the employees and demonstrated by our famous Nestlé logo depicting a mother positive work culture and high-quality bird feeding her young in the nest. products. As part of Nestlé, we have the Our commitment to create shared value corporate resources to expertly provide is documented in our third public report, exceptional, high-quality bottled water Creating Shared Value, published in 2016 and ready-to-drink tea products.
    [Show full text]
  • Ground Chuck Assorted Pork Chops
    Thank you for your understanding and thank you for shopping with us! Due to current events and ongoing shortages on specific items, we cannot guarantee all items in this ad will be available. All ad prices will be honored for in-stock items, including our regular, everyday low prices. Family Pack Family Pack 80% Lean Bone-In Ground Assorted Chuck Pork Chops USDA 1108 S. Van Buren St. Newton, IL 618-783-2422 Smaller 39 Pkgs. 19 2 Per Lb. 2.59 lb 1 Per Lb. On Sale On Sale 69 99 99 99 1 Per Lb. 5 9 Per Lb. 12 Bone-In Nature’s Best Kentuckian Gold Father’s Table Center Cut Salmon Fillets Roast Beef 9” Variety Pork Loin Chops 1 Lb. In the Deli Cheesecake 40 oz. Red Ripe 7 oz. Prairie Farms Red Whipped Topping Florida 1.99 Seedless Strawberries Grapes 1 Lb. 2/$ 99 5 1 Per Lb. On Sale On Sale WOW! 3/$5 3/$5 399 Field Field HYTOP Wieners or Franks Bologna Crinkle Cut 16 oz. Select Varieties 16 oz. Select Varieties Fries 5 Lbs. 2/$5 2/$4 2/$4 2/$4 Family Pak Hostess Baker’s Harvest Wish-Bone or Ice Cream Donettes Break-N-Bake Western 56 oz. 9-11 oz. Cookies 16 oz. Salad Dressing 15 oz. OPEN DAILY 7AM - 8PM PRICES EFFECTIVE: February 10-16 We reserve the right to limit quantities and correct printing errors. Select pork photos courtesy of the National Pork Board, Des Moines, Iowa. Corn Flakes, Raisin Bran, Brooks Special K or Frosted Mini Wheats Chili Beans Red Gold Kellogg’s Betty Crocker or Mix Tomatoes Cereal Fruit Snacks 30.5 oz.
    [Show full text]
  • Version 2: October 2019 Clean Label Project Code of Practice: Purity Award October 2019
    Version 2: October 2019 Clean Label Project Code of Practice: Purity Award October 2019 The Clean Label Project is a national non-profit with the mission to bring truth and transparency to consumer product labeling. Using actual retail sampling and testing, we establish evidence-based benchmarks to identify the America’s best products using data and science as opposed to marketing. Together, we are changing the definition of food and consumer product safety in America. 1 | Page Copyright © 2019 by Clean Label Project All rights reserved. Clean Label Project Code of Practice: Purity Award October 2019 This Code of Practice: Purity Award is subject to revision. Go to www.cleanlabelproject.org to confirm the current version. Questions, clarification, interpretations, and suggested revisions regarding this Code of Practice: Purity Award may be provided in writing to: Clean Label Project 280 E. 1st Ave. #873 Broomfield, CO 80038-0873 E-mail: [email protected] 2 | Page Copyright © 2019 by Clean Label Project All rights reserved. Clean Label Project Code of Practice: Purity Award October 2019 Date of Publication: October 2019 Published by: Clean Label Project 280 E. 1st Ave. #873 Broomfield, CO 80038-0873 Copyright © 2019 by Clean Label Project All rights reserved. 3 | Page Copyright © 2019 by Clean Label Project All rights reserved. Clean Label Project Code of Practice: Purity Award October 2019 Objectives and Disclaimers This Code of Practice: Purity Award provides criteria for the evaluation and marketing of manufacturers seeking compliance and certification for their products to the Clean Label Project Code of Practice: Purity Award. The implied compliance, evaluations, and the contents contained within are limited exclusively to meeting the minimum requirements for the Clean Label Project Code of Practice: Purity Award.
    [Show full text]