13 Nestle Lanka
Board of Directors
Antonio Helio Waszyk
1 Syed Saiful Islam
2 Pierre Schaufelberger
3 Mahen Dayananda
4 Ranjan Seevaratnam
In a business environment dubbed the ‘new reality’, Nestlé Lanka rises to the challenge generating a revenue of 28.6 billion rupees and profit after tax of 2.977 billion rupees.
Investing responsibly and sustainably in creativity and innovation, the company has laid the foundation for future growth. To remain relevant to the Sri Lankan consumer and cater to their preferences and needs Nestlé engaged in multiple product innovations in 2012. The established chocolate brand Kit Kat was re-introduced to the local market and the Company increased its reach and engagement with consumers by entering the digital platform of communication.
Nestlé continued its strategy of ‘Creating Shared Value’, not only as a part of its corporate social responsibility but also its approach in business in order to create value for both shareholders and the society. Consequently Nestlé further developed its relationship with the local farmers across the Island increasing the sourcing of locally produced raw materials.
Thus an all time high of four billion rupees in contribution to the rural economy was recorded via procurement of local ingredients.
As a result the company moved closer to its goal of catering affordable high quality and nutritious products to all segments of Sri Lankan society.
In the financial year, Nestlé continued its ongoing investment in its Kurunegala manufacturing facility, bringing the total investment to over three billion rupees in the past two years.