Nestle Results Presentation Deck

Inventory levels starting to normalize Inventories as a % of sales 25 13.6% Inventories as a % of annualized (12-month) sales July 27, 2023 H1-2021 Nestlé half-year results 2023 16.5% H1-2022 15.6% H1-2023 Nestle Good food, Good life

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