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Nestl is one of the worlds leading Nutrition, Health and Wellness Company which is spread globally. This Swiss based multinational company, Nestle global cooperation started its business in Sri Lanka in 1906 and became a public quoted company Nestle Lanka public limited company in 1983 and started commercial production in 1984. The production plant in Kurunegala manufactures more than 90% of the products sold in Sri Lanka. Nestle has some of the most popular brands in Sri Lankan market food market. They totally focus on food products. Some of the popular products are Nestomalt, Milo, Milkmaid, Nescafe, Lactogen, Nespray and Milo. It provides direct employment to over 1200 people in Sri Lanka and has more than 23,000 distributors around the country. The company involves in many CSR projects in Sri Lanka as well. Nestle develops its business by advertising with media, communication campaigns and launching new products rapidly.
2012 Key Events 1st quarter Launches first rice based noodles product, Maggi Ricey a chicken curry flavored 2 minute noodles made with the local rice. Launches Nestea Ginger - an instant tea made with natural ginger for the out-of home (vending) business. 2nd quarter Wins Bronze award for Best Corporate Website celebrates its highest monthly milk intake in history by procuring over Five million liters of milk from local dairy farmers in September
3rd quarter Wins Silver and Bronze Effie Awards for its Maggi Dhaiya and Nescaf Hey Ya communication campaigns Launches Lactogrow, a unique Growing-Up-Milk fortified with probiotics including L.Comfortis, vitamins and minerals. 4th quarter Global Commerce Award for supporting the national economy Introduces granulated seasoning with Maggi Magic Chicken; containing chicken, garlic and other essential spices.
2012 highlights
Contributed 4 billion rupees to the rural economy by way of raw material procurement Revenue: Rs. 28.6 billion (+11.7% increase from 2011) Contribution to Exchequer: Rs. 3.7 billion Earnings per Share: Rs. 55.42(+13.2% increase from 2011) 23,000 farming families working with Nestl 5,000+ children reached by the Nestl Healthy Kids programme. 54 million coconuts procured from 5,000 farming families 100,000+ children every year are encouraged to live a life of health and wellness via Milo school sports sponsorships 18,000 children benefit from clean drinking water projects in schools, hospitals and places of worship 5,000+ children benefit from 23 sanitation facilities in rural schools 54 million kilograms of milk procured from 18,000 farmers, signifying a 20% growth.