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Nestle Press Releases |
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16th March, 2007
Nestlé opens new milk factory in Pakistan, its largest milk reception plant in the world
Kabirwala (Pakistan),
March 16, 2007
General Pervez Musharraf, President of Pakistan, and Peter Brabeck-Letmathe, Chairman and CEO of Nestlé, today opened a state-of-the-art milk
processing plant in Kabirwala, Punjab ...
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22nd February, 2007
Record year for Nestlé in 2006: double-digit increases in EBIT, net profit and cash flow
Vevey,
February 22, 2007
Sales of CHF 98.5 billion, up 8.1%
Above-target organic growth of 6.2%
EBIT up 12% to CHF 13.3 billion, margin up 50 basis points to 13.5%
Food and beverages organic growth of 5.9%, margin up 40 basis points
Net profit up 13.8% to CHF 9.2 billion, margin up 40 basis points to 9.3%
Operating cash flow up 14.4% to CHF 11.7 billion
Higher R&D, marketing and input costs more than offset by efficiency and scale gains
Return on invested capital, excluding goodwill, up 40 basis points to 21.2%
Return on invested capital, including goodwill, up 30 basis points to 11.7%
Board to propose 15.6% dividend increase to CHF 10.40 and cancellation of shares following the CHF 3 billion share buy-back
Peter Brabeck-Letmathe, Chairman and CEO: "2006 was another record year for Nestlé ...
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15th February, 2007
Nestlé broadens strategic co-operation with Barry Callebaut in Europe
Vevey,
February 15, 2007
Nestlé S.A. and Barry Callebaut AG announce their intention to broaden their strategic co-operation in Europe. The project spans three countries and includes the transfer of production facilities in Italy and France, as well as a long-term supply contract for Barry Callebaut to furnish chocolate mass to Nestlé chocolate factories in Russia ...
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9th February, 2007
President Luiz Inácio Lula da Silva and Swiss Economic Affairs Minister Doris Leuthard open new Nestlé plant in Brazil
Feira de Santana,
February 9, 2007
President Luiz Inácio Lula da Silva of Brazil and Switzerland's Economic Affairs Minister Doris Leuthard today opened a new Nestlé plant mainly dedicated to the manufacturing, packaging and distribution of products aimed at consumers in Brazil's north eastern state of Bahia ...
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