Nestlé S.A.

NESN

CH0038863350

Food Processing

Delayed Swiss Exchange Other stock markets 10:00:19 17/01/2025 pm IST			5-day change	1st Jan Change
74.20 ^CHF	+0.41%		+0.22%	-0.91%

09/01	Unilever's Indonesia headache worsens with boycott as local brands seize the day	RE
09/01	NESTLE : Bernstein sticks Neutral	ZD

Nestle Cuts 2025 Profitability Target, Steps Up Spending in Turnaround Push

November 19, 2024 at 12:04 pm IST

By Michael Susin

Nestle cut its 2025 profitability target and said it would step up advertising and marketing investment as part of Chief Executive Laurent Freixe's plan to turn around the Swiss food giant.

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires

11-19-24 0133ET

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
S&P GSCI COCOA INDEX	438.85PTS	+6.39%	+5.70%	-
S&P GSCI COFFEE INDEX	252.87PTS	+0.37%	+1.39%	-
S&P GSCI SUGAR INDEX	191.79PTS	-1.03%	-5.20%	-
NESTLÉ S.A.	74.20CHF	+0.41%	+0.22%	21TCr

Latest news about Nestlé S.A.

Unilever's Indonesia headache worsens with boycott as local brands seize the day	09/01	RE
NESTLE : Bernstein sticks Neutral	09/01	ZD
Danone, the market is not yet paying to see	08/01
NESTLE : Downgraded to Sell by Jefferies	08/01	ZD
NESTLE : JP Morgan remains Neutral	06/01	ZD
Nestlé S.A. : Glass ceiling	06/01
Hain Celestial must face arsenic claim in baby food labeling lawsuit	31/12	RE
NESTLE : Bernstein reiterates its Neutral rating	27/12	ZD
Tranche Update on Nestlé S.A.'s Equity Buyback Plan announced on December 8, 2021.	24/12	CI
Nestlé Wraps Up CHF20 Billion Share Buyback Program	24/12	MT
Nestlé S.A.'s Equity Buyback announced on December 8, 2021 has closed with 187,372,141 shares, representing 6.96% for CHF 20,000 million.	24/12	CI
Nestle Appoints Neha Gulati as Marketing Head for Dairy Division	20/12	CI
Nestle launches protein shots for US weight-loss drug users	18/12	RE
NESTLE : Goldman Sachs reiterates its Buy rating	17/12	ZD
NESTLE : Deutsche Bank reiterates its Neutral rating	13/12	ZD
Exclusive-Brazil's top coffee roasters to hike prices from next year	12/12	RE
NESTLE : JP Morgan sticks Neutral	12/12	ZD
RBC Trims Nestlé's FY25 Outlook on Rising Raw Material Costs; Outperform Rating Reiterated	12/12	MT
Siemens Nominates Former Nestle CEO for Supervisory Board Seat, Potential Chair Successor	12/12	MT
Ex-Nestle boss Schneider to lead Siemens Supervisory Board	11/12	RE
Siemens proposes former Nestle CEO Schneider as supervisory board head from 2027	11/12	RE
NESTLE : RBC reaffirms its Buy rating	11/12	ZD
Lawsuit accuses major food companies of marketing 'addictive' food to kids	11/12	RE
NESTLE : Receives a Buy rating from Baader Bank	10/12	ZD
NESTLE : RBC maintains a Buy rating	09/12	ZD

Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows: - powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.; - pet food (20.3%): brands such as Purina, Friskies, Felix, etc.; - pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.; - ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.; - dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.); - chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands; - bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands. Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).

Employees

2,70,000

Sector

Food Processing

Calendar

13/02/2025 - Q4 2024 Earnings Release

More about the company