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Nestle Press Releases |
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19th December, 2006
Resignation of Mrs Nelly Wenger
Press release
Resignation of Mrs Nelly Wenger
Vevey, December 19, 2006
Vevey, 19 December 2006 – Mrs Nelly Wenger has informed Nestlé of her decision to resign as Managing Director of Nestlé Switzerland in order to secure the best possible conditions for her full recovery and allow the Company to ensure management continuity at its Swiss subsidiary ...
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14th December, 2006
Nestlé to Acquire Novartis Medical Nutrition, Moving Toward Nutrition, Health and Wellness
Press release
Nestlé to Acquire Novartis Medical Nutrition, Moving Toward Nutrition, Health and Wellness
Vevey, December 14, 2006
Vevey, 14 December 2006 – As a part of its continuing efforts to reinforce the Group's leading position in nutrition, Nestlé has agreed to acquire the entire medical nutrition business of Novartis for a total amount of USD 2.5 billion ...
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7th December, 2006
Nestlé to streamline Group pension fund management
Press release
Nestlé to streamline Group pension fund management
Vevey, December 7, 2006
Vevey, 7 December 2006 – Nestlé S.A. has set up a new, wholly-owned subsidiary to manage the Group's pension fund assets, which amounted to some CHF 25 billion at the end of 2005 ...
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29th November, 2006
Nestlé Waters and Grupo Modelo in Mexican bottled water alliance
Press release
Nestlé Waters and Grupo Modelo in Mexican bottled water alliance
Vevey, November 29, 2006
Vevey, 29 November 2006 – Nestlé Waters, the world leader in bottled water, has today signed a letter of intent with Grupo Modelo to establish a strategic bottled water alliance in Mexico ...
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21st November, 2006
Nestlé and EPFL in brain research partnership
Press release
Nestlé and EPFL in brain research partnership
Vevey, November 21, 2006
Lausanne, 21 November 2006 – The Nestlé Research Center (NRC) and EPFL (one of the two Swiss Federal Institutes of Technology) today signed a five-year agreement to conduct research on the relationship between nutrition and the brain ...
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2nd November, 2006
Beverage Partners Worldwide (BPW) Joint Venture to Refocus on Black Tea
Press release
Beverage Partners Worldwide (BPW) Joint Venture to Refocus on Black Tea
Vevey and Atlanta, November 2, 2006
Nestlé and The Coca-Cola Company today announced both companies have agreed to refocus the activities of their Beverage Partners Worldwide (BPW) joint venture on ready-to-drink black tea beverages ...
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19th October, 2006
Nestlé 9-Month Sales: Continued Strong Organic Growth of 6.1% Full-Year Outlook Reconfirmed
Press release
Nestlé 9-Month Sales: Continued Strong Organic Growth of 6.1% Full-Year Outlook Reconfirmed
Vevey, October 19, 2006
Total sales up 9.1% to CHF 72.2 billion (CHF 66.2 billion in 2005)
Above-target organic growth of 6.1% (5.8% for food and beverages)
Strong real internal growth of 4.6% (4.2% for food and beverages)
Nestlé confident in delivering its full-year objective of 5-6% organic growth together with a constant currency EBIT margin improvement
Changes at Executive Board management level reflect nutrition, health and wellness strategic priorities
Peter Brabeck-Letmathe, Chairman and CEO of Nestlé: "Our strong growth has continued into the third quarter of 2006 ...
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16th October, 2006
Nestlé to sell liquid milk businesses in South-East Asia
Press release
Nestlé to sell liquid milk businesses in South-East Asia
Vevey, October 16, 2006
Vevey, 16 October 2006 – As part of the process of streamlining its product portfolio currently underway, Nestlé has reached agreement to sell certain of its canned liquid milk businesses to Fraser & Neave Holdings Berhad (F&N), a Singapore-based company ...
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11th September, 2006
Nestlé Nespresso Announces Plans to Open a New Production-Distribution Centre in Switzerland in 2008
Press release
Nestlé Nespresso Announces Plans to Open a New Production-Distribution Centre in Switzerland in 2008
PAUDEX, Switzerland, September 11, 2006
Premium Coffee Brand Remains Dedicated to Swiss-Made Products, Quality
Nestlé Nespresso, the worldwide pioneer in premium portioned coffee, announced that the Company will open a new coffee Production-Distribution Centre in Avenches, Switzerland in 2008 ...
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23rd August, 2006
Nestlé: Very Strong Performance in 2006 First Half - Double-Digit Growth of Sales, EBIT and Net Profit
Press release
Nestlé: Very Strong Performance in 2006 First Half - Double-Digit Growth of Sales, EBIT and Net Profit
Vevey, August 23, 2006
Sales of CHF 47 138 million, up 11.0%, as a result of above target organic growth of 6.4% (food, beverage and nutrition + 6%)
Exceptionally strong RIG of 4.8% (4.3% for food, beverage and nutrition)
EBIT in CHF up 14.5% to 6 054 million, with improved margin of 12.8%, up 40 basis points (food, beverage and nutrition 30 bps)
Net profit up 11.4% to CHF 4 151 million, earnings per share up 11.9% to CHF 10.73
Efficiency programs (such as Operation Excellence 2007), supported by GLOBE, are on track and delivering
Full-year forecast: organic growth at high end of target range and improved margin in constant currencies
Peter Brabeck-Letmathe, Chairman and Chief Executive Officer of Nestlé S.A.: "During the first half of 2006 the Group delivered excellent levels of growth and profit margin ...
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