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Nestle Press Releases |
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8th July, 2008
Nestlé completes sale of 24.8% of Alcon to Novartis
Vevey,
July 8, 2008
As a result of the conclusion of the regulatory process, Nestlé completed its sale of 24.8% of Alcon's issued and outstanding capital to Novartis on 7 July 2008 ...
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23rd May, 2008
Nestlé S.A. Share split to become effective on 30 June 2008
Vevey,
May 23, 2008
Nestlé S.A. today announced that the split of the nominal value of the company's shares at a 1:10 ratio and the consequent increase of the number of shares will become effective in public trading on Monday, 30 June 2008 ...
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25th April, 2008
Nestlé opens new production facility in Konolfingen
Konolfingen, Switzerland,
April 25, 2008
Nestlé today inaugurated a Nestlé Nutrition facility in Konolfingen (Switzerland) in the presence of
Swiss Economic Affairs Minister Doris Leuthard ...
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21st April, 2008
Nestlé: very strong organic growth of 9.8% in first quarter of 2008. Full-year outlook confirmed
Vevey,
April 21, 2008
Sales of CHF 25.7bn, up CHF 1.5bn (+6%)
9.8% organic growth for the Group as a whole
9.8% organic growth for Food and Beverages
Continued strong real internal growth momentum: 4.5% (Group), 4.2% (Food and Beverages)
Nestlé Nutrition achieves 14.4% organic growth, 10.2% real internal growth
Full-year outlook: organic growth approaching 2007 level with improved EBIT margins in constant currencies
Paul Bulcke, CEO of Nestlé: "The strong start to the year reflects Nestlé's momentum as the world's leading nutrition, health and wellness company ...
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10th April, 2008
Strong support for board proposals at Nestlé Annual General Meeting
Lausanne,
April 10, 2008
2 570 shareholders attended the Nestlé S.A. Annual General Meeting today in Lausanne. They represented 34.89 percent of the total capital and 53.28 percent of the shares entitled to vote ...
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7th April, 2008
Nestlé to Sell 24.85 % of Alcon Shares to Novartis
Vevey,
April 7, 2008
Nestlé has agreed to sell 24.85 percent of Alcon's issued and outstanding capital to Novartis for approximately USD 11 billion in cash.
From 2010 on, Novartis and Nestlé will have call and put option rights exercisable over Nestlé's remaining majority shareholding in Alcon ...
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13th March, 2008
Nestlé Raises Organic Growth Outlook
Vevey,
March 13, 2008
Very strong organic growth projected for first quarter 2008
Full year 2008 organic growth to approach 2007 level
Expected EBIT margin improvement in constant currencies reconfirmed
Nestlé expects organic growth for the full year 2008 to be close to the previous year's level and clearly above the long-term trend target of between 5 and 6 percent.
During 2007 and in the current year, commodity markets have been characterized by sharp upward movements and increased volatility ...
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10th March, 2008
Nestlé to open Chocolate Centre of Excellence
Vevey,
March 10, 2008
Nestlé today announced the establishment of the Chocolate Centre of Excellence, the company's first R&D facility entirely dedicated to the development of premium and luxury chocolate ...
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3rd March, 2008
Nestlé's positive environmental and social impact: CO2 emissions down 16% over past ten years, water withdrawal down 28%
Vevey,
March 3, 2008
At a joint Nestlé-UN Global Compact event in New York, Peter Brabeck-Letmathe, Chairman
and CEO of Nestlé, today presented the company's
first Creating Shared Value report, including new figures on the impact of its business activities on the environment and society across
the world ...
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21st February, 2008
2007 milestone year for Nestlé: Sales reach CHF 107.6bn, EBIT margin 14%
Vevey,
February 21, 2008
Sales of CHF 107.6bn, up CHF 9.1bn (+9.2%), Food and Beverages sales reach CHF 100.3bn
Above-target organic growth of 7.4%, 4.4% real internal growth
EBIT of CHF 15bn (+12.9%), margin of 14%, +50 basis points
Food and Beverages: 7.1% organic growth, EBIT margin +40 basis points
Net profit of CHF 10.6bn (+15.8%), earnings per share CHF 27.81 (+16.4%)
Discipline in capital management: return on invested capital (ROIC) up +100 basis points
Proposed dividend CHF 12.20 per share, up 17.3% from CHF 10.40 for 2006
Peter Brabeck-Letmathe, Chairman and CEO of Nestlé: "This milestone performance was achieved in a difficult external environment and, for the twelfth year in a row, has demonstrated the power of the Nestlé model: organic growth of at least 5-6% coupled with a sustainable EBIT margin improvement, irrespective of prevailing economic conditions ...
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