Despite the Pandemic, 2020 was Successful for Nestlé

In part, it was the outstanding performance of the pet food business that determined the global organic growth of the Nestlé group of companies in 2020.

In addition, the 3.6% year-on-year growth was due to the U.S. markets and Nestlé’s health science business. The trading operating profit margin increased by 210 basis points year-on-year to 16.9%.

Nestlé Hungária was able to increase its sales even during the economic crisis caused by the pandemic, mainly due to the well-performing export markets and the outstanding performance of its factories. With the HUF 50 billion investment in Bük launched last year, the company will lay the foundation for the growth of the coming years in a way that will also strengthen its role in the Hungarian national economy.

The Hungarian subsidiary achieved 6.5% year-on-year sales growth last year, primarily due to the factories' high-performing export activities, while they were able to expand sales in the Hungarian market as well.

"Last year was about dealing with the epidemic situation, and we did everything we could to ensure the continuous operation of our factories in order to ensure the uninterrupted food supply of our consumers," Péter Noszek, Managing Director of Nestlé Hungária said. The company not only took care of the health and financial safety of its employees in the emergency situation after the arrival of the new coronavirus in Hungary, but also did not forget to support the communities, the expert continued, adding that their steps to support the company’s employees and those in need were clearly economically effective as well.