Of Thai Floods, a Strong Swissie and RSPO Concerns

Nestle Malaysia Bhd Managing Director Peter Vogt discusses:

- Thai floods - Nestle's production exposure - potential impact on Malaysia business;
- Product lines most hit;
- Mitigation efforts;
- Price hike - materials cost increase;
- Strategy - lock-in - buy needs at spot -- percentage of needs to be bought;
- Double-dip issues - Flight to safe(r) assets - Swiss franc - USD - impact on costs - management decisions;
- Weaker consumer sentiment in developed markets - falling demand from emerging markets;
- Dividend outlook;
- Overseas markets - robustness;
- Marketing costs;
- Ad spend;
- RSPO - sustainability;
- RSPO under threat: Malaysia Green Cert - Indonesia's Palm Oil Association withdrawn membership of RSPO.