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Nestle Press Releases |
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15th August, 2007
Nestlé maintains strong momentum over first half of 2007 - 7.4% organic growth, EBIT margin up 60 basis points - CHF 25 billion three-year share buyback programme
Vevey,
August 15, 2007
Sales of CHF 51.1bn, up CHF 4bn (+8.4%)
7.4% organic growth, 5.3% real internal growth
EBIT of CHF 6.9bn (+14.2%), margin of 13.5%, +60 basis points
Food and Beverages: 7.1% organic growth, EBIT margin +60 basis points
Net profit of CHF 4.9bn (+18.4%), earnings per share CHF 12.79 (+19.0%)
Operating cash flow CHF 4.3bn, up 29.4%
CHF 25bn three-year share buyback programme announced
Full-year outlook: above-target organic growth with sustainable margin improvement
Peter Brabeck-Letmathe, Chairman and CEO of Nestlé: "The Group again achieved both strong growth and improved margins, the hallmark of the Nestlé model ...
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5th July, 2007
Nestlé opens new milk factory in China
Vevey,
July 5, 2007
Nestlé today inaugurated a new state-of-the-art milk factory in Erguna, near Hulunbeir, in the Chinese Inner Mongolia
Autonomous Region. The ceremony took place in the presence of the regional authorities and Mr ...
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2nd July, 2007
Nestlé completes its acquisition of Novartis Medical Nutrition
Vevey,
July 2, 2007
As a result of the successful conclusion of the regulatory process, Nestlé completed its acquisition of Novartis Medical Nutrition on 1 July 2007. Consequently, the integration process of Novartis Medical Nutrition into Nestlé Nutrition will begin today as approximately 2,000 employees of Novartis Medical Nutrition, with their specific know-how and expertise, join the Nestlé Group ...
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22nd June, 2007
John Harris to Succeed Carlo Donati at the Helm of Nestlé Waters
Vevey,
June 22, 2007
At its meeting of June 21, 2007 the Board of Directors of Nestlé SA was informed that Mr. Carlo Donati, CEO of Nestlé Waters (Paris) wishes to return to Switzerland and to retire later in 2008 ...
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1st June, 2007
Nestlé donates Cambodian factory to Hagar International
Phnom Penh, Cambodia,
June 1, 2007
Nestlé today hands over vacated factory buildings in Phnom Penh to Hagar International, a Swiss foundation helping destitute women and children in Cambodia ...
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1st June, 2007
Nestlé to submit modernised Articles of Association to the 2008 Annual General Meeting
Vevey,
June 1, 2007
At the April 2006 Annual General Meeting, over 98% of represented shareholders decided to give Nestlé's Board of Directors a mandate to modernise the company's Articles of Association ...
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23rd April, 2007
Nestlé: Strong First-Quarter Sales 2007 Positive Outlook for the Full Year
Vevey,
April 23, 2007
Strong organic growth of 7.4% with a positive contribution from all regions and businesses, partly due to higher demand ahead of expected price increases
Food and beverage confirms momentum with 7.1% organic growth, fuelled by move towards nutrition, health and wellness
Nestlé Nutrition, on a like-for-like basis, reached its 10.0% target organic growth
Swiss franc sales up 6.4% to CHF 24.3 billion (CHF 22.8 billion in 2006)
Group reconfirms its 5 to 6% organic growth target with improved constant currency EBIT margins for the full year, and this in spite of continued significant input cost pressures, mainly in agricultural raw materials
Peter Brabeck-Letmathe, Chairman and CEO, said: "Nestlé is off to a strong start, not least with an excellent performance of our food and beverage business ...
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19th April, 2007
Strong Majority For All Board Proposals at Nestlé Annual General Meeting
Lausanne,
April 19, 2007
2 405 shareholders attended the Nestlé S.A. Annual General Meeting today in Lausanne. They represented 31.65 percent of the total capital and 48.97 percent of the shares entitled to vote ...
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12th April, 2007
Nestlé Consolidates Nutrition Leadership Position Through Acquisition of Gerber
Vevey,
April 12, 2007
As part of the continuing drive to reinforce its leadership in nutrition, Nestlé has agreed to acquire Gerber, the iconic US baby food brand, from Novartis for a total amount of USD 5.5 billion ...
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27th March, 2007
Nestlé and The Coca-Cola Company have reached final agreement on their Beverage Partners Worldwide (BPW) joint venture
Vevey,
March 27, 2007
Nestlé and The Coca-Cola Company today announced they have reached final agreement on refocusing the activities of their Beverage Partners Worldwide (BPW) joint venture ...
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