Official celebration of Nestlé’s 150 Years in Switzerland
Provider: Nestlé Global Type: Link Title: Official celebration of Nestlé’s 150 Years in Switzerland Description: Nestlé today inaugurated its new discovery centre, nest, on the site of founder Henri Nestlé’s original factory in Vevey, Switzerland. The President of the Swiss Confederation, Johann Schneider-Ammann, the Chairman of the Board of Directors of Nestlé, Peter Brabeck-Letmathe, and Nestlé’s Chief Executive Officer, Paul Bulcke, were all present, as were more than 250 personalities from Swiss politics, economics, and culture. The event will continue in Vevey with the reopening ceremony of the Alimentarium Museum of Food, a Nestlé foundation. The day will end at the Jenisch Museum, which has set up an exhibit presenting the Nestlé Art Collection in celebration of the company's 150 years. Read the press release.
Nestlé three-month sales: 3.9% organic growth, 3.0% real internal growth, full-year outlook confirmed
Provider: Nestlé Global Type: Link Title: Nestlé three-month sales: 3.9% organic growth, 3.0% real internal growth, full-year outlook confirmed Description: Paul Bulcke, Nestlé CEO: “As anticipated, the first quarter continued the positive momentum in real internal growth, with softer pricing. We gained market share in the majority of our categories and businesses. The strongest performances were in Europe, in South East Asia and in Africa as well as for Nescafé, Nespresso and petcare. Our US frozen food business is progressing well. The trends seen over the last few quarters show the relevance of our investments and allow us to confirm our outlook for the year.” Read the press release. Watch the Investor call webcast hosted by François-Xavier Roger, Nestlé Chief Financial Officer, and Steffen Kindler, Head of Investor Relations live from 08:30 CEST.
Provider: Nestlé Global Type: Link Title: Full-Year 2015: 4.2% organic growth, trading operating profit margin up10 basis points in constant currencies Description: Paul Bulcke, Nestlé CEO: “In 2015 we delivered profitable growth at the higher end of the industry in what is still a challenging environment. This profitable growth was on the back of consistent performances in previous years.” Read his full quote in the press release. Watch the results conference webcast hosted by Paul Bulcke, CEO, and François-Xavier Roger, CFO live from 08:30 CET.
Nestlé nine-month sales: 4.2% organic growth, 2.0% real internal growth
Provider: Nestlé Global Type: Link Title: Nestlé nine-month sales: 4.2% organic growth, 2.0% real internal growth Description: In the first nine months of 2015 organic growth was 4.2%, composed of 2.0% real internal growth and 2.2% pricing. Total sales were CHF 64.9 billion. Paul Bulcke, Nestlé CEO: “After a good performance in the first half of the year we were impacted in the third quarter by exceptional events, with Maggi noodles in India and a rebate adjustment in Nestlé Skin Health. Yet our real internal growth increased, reflecting broad-based positive momentum across our business and many of our markets. There was continued solid performance in Europe, Nestlé Waters and Nestlé Health Science. We made good progress in much of Latin America and delivered a significant improvement in North America, especially in frozen food, contrasting with slower sales recovery in China. On the whole, organic growth fell short of our expectations and therefore we project organic growth of around 4.5% for the full year, with improvements in margins and underlying earnings per share in constant currencies, and capital efficiency.” Read the full press release. Watch the sales conference webcast hosted by Paul Bulcke, Nestlé Chief Executive Officer, and François-Xavier Roger, Nestlé Chief Financial Officer.live from 08:30 CET.
Half-Year 2015: Organic growth of 4.5%, full-year outlook confirmed
Provider: Nestlé Global Type: Link Title: 2015 Half-year results Description: Nestlé to announce 2015 half-year results on Thursday 13 August at 07:15 CET.
Retirement of Nandu Nandkishore, Appointment of Wan Ling Martello
Provider: Nestlé Global Type: Link Title: Retirement of Nandu Nandkishore, Appointment of Wan Ling Martello Description: Nandu Nandkishore, Executive Vice President in charge of Zone Asia, Oceania and Africa (AOA), has decided to take early retirement after a long and distinguished career with Nestlé. Effective 1 May 2015, the Board of Directors has appointed Wan Ling Martello, currently CFO of Nestlé S.A., to succeed Nandu Nandkishore as Executive Vice President in charge of Zone AOA. Read the press release.
