Nestlé today announced plans to close its Tongala factory in Victoria, which primarily produces tinned milk products.
Regrettably, this means all 106 roles at the factory will be made redundant.
The closure of the factory will be staged progressively over a period of up to 18 months.
General Manager Andrew McIver thanked colleagues for their strong contribution to the company and said the closure was in no way a reflection of their efforts.
“People just don’t buy tinned milk like they used to, and cheaper imports have eroded our business further,” Mr McIver said.
“At the same time, the equipment in this factory is old, and the investment we need to make sure it can operate reliably in the future means that the factory is no longer viable,” he said.
KitKat Chocolatory is giving Australians their first taste of one of the world’s rarest cocoas with a new limited release range, KitKat Chocolatory Sublime Volcanic.
Just over a shipping container’s worth of rubbish was removed from local parks, reserves and waterways today by Nestlé employees determined to do their bit to tackle the litter problem.
More than 450 Nestlé volunteers donned gloves and joined the Sea Cleaners team to gather waste from over 20 locations, including sites along the Parramatta River near Nestlé’s office in Rhodes.
Sea Cleaners CEO Hayden Smith said that rubbish ending up in local waterways is an ongoing issue and community involvement and education is important to address it.
“It is encouraging to see a company like Nestlé getting actively involved to make a difference in their own backyard. The Nestlé team have now seen firsthand the implications of what happens to waste once it reaches waterways and why it is so important for us all to do the right thing in the first place,” Mr Smith said.
Whilst the single origin coffee trend has been around for a number of years, it is usually reserved for roast and ground coffee. With the launch of the new NESCAFÉ Gold Colombia Origin, NESCAFÉ experts have combined the distinct tastes and aromas of single origin beans with the convenience of instant coffee for an at-home experience with a difference.
Crafted with care from source to cup, single origin coffees are comprised of beans from a single country or region. The coffee is developed, roasted and ground to evoke the subtle, refined flavours unique to the region. This creates a more personal coffee experience as drinkers understand the exact location where the beans came from and can appreciate the finer nuances in taste.
In the case of NESCAFÉ Gold Colombia Origin, all coffee cherries are hand-picked by local farmers and roasted to specifically suit the characteristics of the beans before being finely ground to unlock their unique flavour. Made from lightly roasted 100 per cent Arabica beans grown in the tropical, high altitude Huila region of Colombia, the result is a smooth blend with pleasant citrus notes.
- Organic growth of 3.6%, with continued strong real internal growth (RIG) of 2.6% and pricing of 1.0%. Increased growth was led by the United States and Brazil.
- Total reported sales increased by 3.5% to CHF 45.5 billion (6M-2018: CHF 43.9 billion). Net acquisitions had a positive impact of 1.1% and foreign exchange reduced sales by 1.2%.
- The underlying trading operating profit (UTOP) margin reached 17.1%, up 100 basis points. The trading operating profit (TOP) margin increased by 90 basis points to 15.5%.
- Underlying earnings per share increased by 15.7% in constant currency and by 14.6% on a reported basis to CHF 2.13. Earnings per share decreased by 12.3% to CHF 1.68 on a reported basis, as the prior year benefited from the disposal of the U.S. confectionery business.
- Free cash flow increased by 40.4% to CHF 4.1 billion.
- Portfolio management fully on track.
As Australian businesses look to how they respond to new modern slavery legislation in Australia and NSW, Nestlé has announced that human rights training developed for its staff is now available publicly.
The move aims to help businesses looking to understand the UN Guiding Principles on Business and Human Rights (UNGPs) and help them to move towards understanding how they apply in their own businesses.
Nestlé Head of Corporate and External Relations Margaret Stuart said that others were free to use or adapt the training as they see fit.
“We hope it inspires and helps others, particularly smaller companies which might be struggling to figure out what human rights means for them, and how they might respond to the new modern slavery legislation,” Ms Stuart said.
The training draws on work Nestle has carried out in this area with its long-term partner the Danish Institute for Human Rights, and on the knowledge Nestle has acquired in the process.
Our farmers in the Riverina and Indigo Shire regions of southeast Australia have been doing it tough lately due to one of the worst droughts in Australia’s history. In the last year, we’ve seen the farms around our factory affected firstly by drought, and then frost, destroying our farmers’ crops and affecting our whole community.
This has led to reduced availability of the Australian grown ingredients we use like oats, wheat and milk to make cheese, so the prices we have to pay to buy them have increased dramatically – not just in our local area of Wahgunyah, but across Australia. For this reason, we can no longer maintain the wholesale prices of some of our products.
We’ve been standing by Aussie farmers and their families since 1893, and in support of them and to reflect the increasing prices for their crops, for the first time in over 10 years we’ll be increasing our wholesale prices on selected Uncle Tobys muesli bars and Uncle Tobys Le Snak products.
Nestlé today announced that 77% of its agricultural commodities are verified as deforestation-free. This is a key milestone in the company’s efforts to achieve its zero-deforestation commitment.
In 2010, Nestlé made a no deforestation commitment to ensure that none of its products globally would be associated with deforestation by 2020. Over the years, the company has worked with partners like Airbus and Earthworm Foundation, and its suppliers to identify areas at risk of deforestation. The company is using a combination of tools, including certification, supply chain mapping, on-the-ground verification and satellite imagery from the Starling system to achieve this goal.
Starling is the result of a fruitful collaboration between Airbus, Earthworm Foundation and Nestlé. Nestlé is now using the system to monitor its entire palm oil supply chain. Pilots in pulp and paper are also now underway and the company plans to extend it to soya later in 2019. Starling’s cutting-edge technology helps Nestlé understand better where deforestation occurs, what drives it and who is involved. The company uses this information to verify compliance, challenge its suppliers and prioritize transformative actions.