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Nestle Press Releases |
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17th June, 2002
Nestlé: Strategic Move to Gain Leadership in US ice cream business
Press release
Nestlé: Strategic Move to Gain Leadership in US ice cream business
Vevey, June 17, 2002
Nestlé to merge its US ice cream business into Dreyer's, resulting in Nestlé ownership of 67 percent of combined company
Dreyer's will offer to repurchase all outstanding minority shares for USD 83.- per share in 2006
Dreyer's will have the right to redeem all outstanding minority shares for USD 88.- per share in 2007
Peter Brabeck, CEO of Nestlé, stated: "This is another step in a series of recent moves we have made in the ice cream sector ...
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13th June, 2002
Nestlé S.A. to become Founding Corporate Sponsor of the International Federation of Red Cross and Red Crescent Societies' Africa Health Initiative
Press release
Nestlé S.A. to become Founding Corporate Sponsor of the International Federation of Red Cross and Red Crescent Societies' Africa Health Initiative
Vevey, June 13, 2002
Nestlé S.A ...
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12th April, 2002
Perrier Vittel is continuing its growth on a solid foundation and is changing its name to Nestlé Waters
Press release
Perrier Vittel is continuing its growth on a solid foundation and is changing its name to Nestlé Waters
Vevey, April 12, 2002
With sales of CHF 7.5 billion and organic growth at 11.7% in 2001, Perrier Vittel is continuing its growth on a solid foundation and is changing its name to Nestlé Waters.
24.7% growth in Sales
Leading position with 16% of market share
Record organic growth of 11.7%
11 acquisitions for a total of CHF 500 million
41% increase of Home & Office Delivery activity
Creation of the first Nestlé Water Technology Center at Vittel
Maintenance of a high level of industrial investment at 11% of sales in 2001
In 2001, PERRIER VITTEL's sales reached CHF 7.5 billion (close to 5 billion Euros) an increase of almost 25% compared to 2000 ...
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11th April, 2002
Nestlé: Strong Sales Growth Continues in the 1st Quarter 2002
Press release
Nestlé: Strong Sales Growth Continues in the 1st Quarter 2002
Vevey, April 11, 2002
Consolidated sales up 10.1 percent
Organic growth of 5.0 percent
Real internal growth of 3.3 percent
Strong performance in water, Alcon and the joint-ventures
Peter Brabeck, CEO of Nestlé: "We are confident that we will again reach our real internal growth target of 4 percent and that Nestlé will once more improve sales and profits for 2002 ...
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26th March, 2002
Nestlé and Fonterra Sign Agreement on Dairy Alliance for the Americas
Press release
Nestlé and Fonterra Sign Agreement on Dairy Alliance for the Americas
Vevey, March 26, 2002
Following their August 2001 announcement, Nestlé S.A ...
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23rd March, 2002
Alcon Initial Public Offering Priced at $33.00 Per Share
Press release
Alcon Initial Public Offering Priced at $33.00 Per Share
Vevey, March 23, 2002
Nestlé S.A. and Alcon, Inc. (NYSE: ACL) announced today that the initial public offering of 69,750,000 common shares of Alcon, Inc ...
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5th March, 2002
Nestlé: Venture Capital Fund Established
Press release
Nestlé: Venture Capital Fund Established
Vevey, March 5, 2002
Nestlé announces that the Venture Capital Fund which was outlined during its 2001 autumn press conference has now been created and is fully operational ...
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28th February, 2002
Nestlé Group: Sales Growth Target Beaten — RIG 4.4%
Press release
Nestlé Group: Sales Growth Target Beaten – RIG 4.4%
Vevey, February 28, 2002
Excellent Performance: Net Profit, EPS, Dividend Up 16%
Reported Results
FY 2002
FY 2001
% change
Sales
CHF 84 698 mio
CHF 81 422 mio
+ 4
EBITA
CHF 9 713 mio
CHF 9 600 mio
+ 1.2
Trading Profit (EBIT)
CHF 9 218 mio
CHF 9 186 mio
+ 0.4
Net Profit
CHF 6 681 mio
CHF 5 763 mio
+ 15.9
EPS
CHF 17.25
CHF 14.91
+ 15.7
Dividend Proposal
CHF 6.40
CHF 5.50
+ 16.4
Real Internal Sales Growth
4.4%
4.4%
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Double-digit growth in net profit, EPS and dividend proposal
4.4 percent rate of real internal sales growth (RIG)
6.4 percent organic growth
9.7 percent growth at comparable structure and at constant exchange rates
Peter Brabeck, CEO of Nestlé: "Even in a turbulent year, the Group has delivered healthy, excellent growth and performance ...
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25th February, 2002
Nestlé: Schoeller Acquisition Approved by EU Commission
Press release
Nestlé: Schoeller Acquisition Approved by EU Commission
Vevey, February 25, 2002
The EU Commission announced its approval of the purchase of the Schoeller Holding Group by Nestlé ...
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22nd February, 2002
Nestlé Announces Filing of a Registration Statement by Alcon
Press release
Nestlé Announces Filing of a Registration Statement by Alcon
Vevey, February 22, 2002
As announced In October 2001, Nestlé S.A. is exploring an initial public offering (IPO) of a minority stake in Alcon, Inc ...
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