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 Home > Nestle Press Release > 2003  
Nestle Press Releases
23rd April, 2003
Nestlé: 4.6% Organic Growth In First Quarter
Press release Nestlé: 4.6% Organic Growth In First Quarter Vevey, April 23, 2003 Group-wide organic growth of 4.6% 6.3% sales increase at constant exchange rates Swiss franc sales down 7.5% as a result of a 13.8% negative foreign exchange impact Peter Brabeck, CEO of Nestlé, said: "Our overall organic growth of 4.6% in a difficult quarter, aggravated by late Easter, is mainly due to our successful drive for innovation and our strong market positions ...
3rd April, 2003
Strong Majorities for the Board's Proposals at the Nestlé S.A. General Meeting
Press release Strong Majorities for the Board's Proposals at the Nestlé S.A. General Meeting Vevey, April 3, 2003 2002 : Record performance in a difficult environment Nestlé expects another performance improvement in constant currencies for the current year despite economic and political uncertainty Dividend increased to CHF 7.– per share Lausanne, April 3, 2003 2,020 shareholders of Nestlé S.A., representing 26.6% of the capital, attended today's General Meeting of the Company in Lausanne ...
27th February, 2003
Nestlé Group in 2002: Sales, Net Profit, EBITA and Cash Flow at Record Levels
Press release Nestlé Group in 2002: Sales, Net Profit, EBITA and Cash Flow at Record Levels Vevey, February 27, 2003 Sales by Management Responsibilities and Geographic Area Reported Results FY 2002 FY 2001 % change Sales  CHF 89 160 mio  CHF 84 698 mio  + 5.3 EBITA CHF 10 940 mio CHF 9 987 mio + 9.5 Net Profit CHF 7 564 mio CHF 6 681 mio + 13.2 EPS CHF 19.51 CHF 17.25 + 13.1 Dividend Proposal CHF 7.00 CHF 6.40 + 9.4 At constant exchange rates: sales up 13 percent; EBITA up 19 percent, net profit up 19 percent Substantial margin improvement: EBITA from 11.8 percent to record 12.3 percent; net profit from 7.9 percent to 8.5 percent 4.9 percent organic growth; RIG 3.4 percent Operating cash flow up 19 percent to CHF 10.2 billion, up 130 basis points to 11.5 percent of sales Peter Brabeck, CEO of Nestlé: "Nestlé did well in 2002 ...
20th February, 2003
Alcon Reports Strong Fourth Quarter and Full Year 2002 Results
Press release Alcon Reports Strong Fourth Quarter and Full Year 2002 Results Vevey, February 20, 2003 Fourth Quarter Global Sales Increased 11.7% Fourth Quarter Net Earnings Rose 49.1% HUNENBERG, Switzerland, February 19, 2003, Alcon, Inc ...
19th February, 2003
Nestlé Waters acquires Clear Water, the leader in Home & Office Delivery (HOD) in Russia
Press release Nestlé Waters acquires Clear Water, the leader in Home & Office Delivery (HOD) in Russia Vevey, February 19, 2003 A few days after announcing the acquisition of Powwow, the number one HOD operator in Western Europe, Nestlé Waters acquires the Russian leader in the HOD business: Clear Water ...
4th February, 2003
Nestlé Waters and Hutchison conclude a major water business transaction in Europe
Press release Nestlé Waters and Hutchison conclude a major water business transaction in Europe Vevey, February 4, 2003 Nestlé Waters has signed an agreement with Hutchison Whampoa’s subsidiary, A.S ...
24th January, 2003
Nestlé And Ethiopian Government Reach Settlement
Press release Nestlé And Ethiopian Government Reach Settlement Vevey, January 24, 2003 In Addis Ababa today, representatives of Nestlé and the Ethiopian government signed an agreement reimbursing Nestlé approximately USD 1.5 million for a long-standing property claim on the part of Nestlé Germany ...
23rd January, 2003
Nestlé To Buy Mövenpick Ice Cream Brand Worldwide
Press release Nestlé To Buy Mövenpick Ice Cream Brand Worldwide Vevey, January 23, 2003 Nestlé acquires the Mövenpick brand for ice cream worldwide The agreement is an important step in the worldwide moves to improve growth and performance of Nestlé's ice cream business and enhances its competitive position Nestlé has just signed an agreement with the Mövenpick Group to acquire the Mövenpick brand for ice cream products and related ice cream businesses worldwide with the exception of the New Zealand manufacturing operations ...
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