NESM.DE - Nestlé S.A.

XETRA - XETRA Delayed Price. Currency in EUR
71.50
+0.50 (+0.70%)
At close: 5:35PM CEST
Stock chart is not supported by your current browser
Previous Close71.00
Open70.50
Bid0.00 x 10000
Ask0.00 x 400000
Day's Range70.50 - 72.00
52 Week Range62.00 - 73.88
Volume253
Avg. Volume607
Market Cap216.773B
Beta0.33
PE Ratio (TTM)26.74
EPS (TTM)2.67
Earnings DateN/A
Forward Dividend & Yield2.06 (2.86%)
Ex-Dividend Date2018-04-16
1y Target EstN/A
  • Reuters10 hours ago

    Nestle aims to shed skin unit to focus on food, nutrition

    LONDON/ZURICH (Reuters) - Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul. Nestle said it was exploring strategic options for the unit, saying "the future growth opportunities of Nestle Skin Health lie increasingly outside the group's strategic scope" and did not fit in with a sharper focus on food, drinks and nutritional health. The skin health unit makes Cetaphil and Proactiv skin care brands, Restylane wrinkle fillers and prescription dermatology treatments.

  • Nestle aims to shed skin unit to focus on food, nutrition
    Reuters10 hours ago

    Nestle aims to shed skin unit to focus on food, nutrition

    LONDON/ZURICH (Reuters) - Nestle (NESN.S) put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul. Nestle said it was exploring strategic options for the unit, saying "the future growth opportunities of Nestle Skin Health lie increasingly outside the group's strategic scope" and did not fit in with a sharper focus on food, drinks and nutritional health. The skin health unit makes Cetaphil and Proactiv skin care brands, Restylane wrinkle fillers and prescription dermatology treatments.

  • The Wall Street Journal12 hours ago

    [$$] Nestlé to Explore Options for Skin-Health Unit

    SA is exploring strategic options for its skin-health unit, a business analysts say could fetch $4.1 billion, its latest move to narrow its focus to food and beverages as it faces pressure from an activist investor. Nestlé recently sold its U.S. confectionery and Gerber life-insurance businesses after similar reviews. Nestlé didn’t disclose an estimated value for the skin-health division, which includes face-care products Cetaphil and Proactiv, but it could fetch about 4 billion francs, according to Jefferies analyst Martin Deboo.

  • Nestle's Deal Junkie CEO Is a Seller at Last
    Bloomberg13 hours ago

    Nestle's Deal Junkie CEO Is a Seller at Last

    Nestle SA’s Chief Executive Officer/deal junkie Mark Schneider has wasted no time in snapping up assets, from a Canadian vitamin maker to Starbucks coffee capsules. On Tuesday, he sold the small Gerber Life insurance unit, for the better-than-expected price of $1.55 billion. The unit generated sales of $2.8 billion last year, and could be worth between $6 billion and $8 billion, according to Jean-Philippe Bertschy, analyst at Vontobel.

  • Reuters10 hours ago

    Nestle aims to shed skin unit to focus on food, nutrition

    Nestle said it was exploring strategic options for the unit, saying "the future growth opportunities of Nestle Skin Health lie increasingly outside the group's strategic scope" and did not fit in with a sharper focus on food, drinks and nutritional health. The skin health unit makes Cetaphil and Proactiv skin care brands, Restylane wrinkle fillers and prescription dermatology treatments. Nestle Skin Health was formed in 2014 when Nestle bought L'Oreal's (OREP.PA) stake in their Galderma dermatology venture.

  • Nestle's Step Away From Skin Health Reignites L'Oreal Sale Talk
    Bloomberg17 hours ago

    Nestle's Step Away From Skin Health Reignites L'Oreal Sale Talk

    Nestle SA’s likely retreat from skincare fuels questions about the company’s broader involvement in cosmetics and the future of a prized asset that many investors want to see sold: a $30 billion stake in L’Oreal SA. Nestle said Thursday it would consider new owners for its dermatological business, a unit with $2.8 billion in annual revenue that Chief Executive Officer Mark Schneider said may no longer fit with the company’s overall strategy of focusing on products such as coffee, water and pet food. Schneider is stepping up the pace of change, having also announced a bond sale and the divestment of an insurance business in a flurry of deals this week.

  • Exclusive: Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale - sources
    Reuters2 days ago

    Exclusive: Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale - sources

    Nestle (NESN.S), Unilever (ULVR.L) (UNc.AS) and Coca-Cola (KO.N) are among bidders for GlaxoSmithKline's (GSK.L) Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said.

  • Exclusive - Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale: sources
    Reuters2 days ago

    Exclusive - Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale: sources

    Nestle (NESN.S), Unilever (ULVR.L) (UNc.AS) and Coca-Cola (KO.N) are among bidders for GlaxoSmithKline's (GSK.L) Indian Horlicks nutrition business, expected to fetch more than $4 billion (3.03 billion pounds), four people familiar with the matter said. It was not clear which other companies were bidding, although Reckitt Benckiser (RB.L), a company eager to build up its consumer health operation, did not make an offer, two sources said. GSK, Nestle, Reckitt and Unilever declined to comment.

  • The Wall Street Journal3 days ago

    [$$] Nestlé to Sell Gerber Life Insurance to Western & Southern Financial

    announced Monday it has agreed to sell its Gerber Life Insurance Co. unit to Western & Southern Financial Group for $1.55 billion in cash. White Plains, N.Y.-based Gerber Life is well known for advertising for life insurance that covers the lives of children. It is among the 100 largest U.S. life and health insurers by assets, according to ratings firm A.M. Best.

  • Reuters3 days ago

    Nestle to sell Gerber Life Insurance unit for $1.55 billion

    "This move is part of the ongoing evolution of our portfolio," Nestle Chief Executive Mark Schneider said in a statement. The company announced in February that it was exploring strategic options for its Gerber Life Insurance unit. The deal will allow Cincinnati, Ohio-based Western & Southern Financial Group to market insurance products under the Gerber Life brand, which had annual sales of $856 million in 2017.

  • Reuters3 days ago

    Nestle to sell Gerber Life Insurance unit for $1.55 bln

    Nestle said on Monday it would sell its Gerber Life Insurance unit to Western and Southern Financial Group for $1.55 billion in cash, helping the company to focus on its core food and beverage and consumer health businesses. Nestle, which has been seeing slowing sales due to broader consumer shift towards healthy foods, had been reviewing its portfolio to get rid of underperforming brands while also buying and launching new products and brands to address these challenges. "This move is part of the ongoing evolution of our portfolio," Nestle Chief Executive Mark Schneider said in a statement.

  • Nestle to Sell Gerber Life Insurance Unit for $1.55 Billion
    Bloomberg3 days ago

    Nestle to Sell Gerber Life Insurance Unit for $1.55 Billion

    Nestle SA agreed to sell its Gerber Life Insurance business to Western & Southern Financial Group for $1.55 billion in cash, letting the buyer market insurance products under the Gerber Life brand.

  • The Wall Street Journal8 days ago

    Jenny Craig Weighs Sale as Performance Improves

    Weight-loss brand Jenny Craig is seeking a buyer as its turnaround efforts start coming to fruition. The private equity-backed weight-management company hired investment bank Rothschild & Co. to explore strategic alternatives including a potential sale, people familiar with the matter said. Jenny Craig is projected to generate roughly $400 million of revenue and $35 million of earnings before interest, taxes, depreciation and amortization in 2018, the people said.

  • Reuters9 days ago

    Nestle to remove stabilizers from major milk brands in Brazil

    Nestle SA (NESN.S) is eliminating stabilizers from two of its major milk brands in Brazil, an executive told Reuters, as the world's largest food company makes a global push to capture growing consumer interest in natural, healthy and organic products. In an interview on Monday afternoon, Fabiana Fairbanks, beverages business executive officer for Nestle Brazil, said the firm's Ninho and Molico brands, a milk for children and a skimmed milk, respectively, will be sold without preservatives starting this month. With the move, which required an investment of 140 million reais (26.39 million pounds), Nestle's two "ultra-high temperature" milks in Brazil, which can be stored for prolonged periods of time at room temperature, have no stabilizers.

  • Reuters9 days ago

    Nestle to remove stabilizers from major milk brands in Brazil

    Nestle SA is eliminating stabilizers from two of its major milk brands in Brazil, an executive told Reuters, as the world's largest food company makes a global push to capture growing consumer interest in natural, healthy and organic products. In an interview on Monday afternoon, Fabiana Fairbanks, beverages business executive officer for Nestle Brazil, said the firm's Ninho and Molico brands, a milk for children and a skimmed milk, respectively, will be sold without preservatives starting this month. With the move, which required an investment of 140 million reais ($34.3 million), Nestle's two "ultra-high temperature" milks in Brazil, which can be stored for prolonged periods of time at room temperature, have no stabilizers.

  • The Wall Street Journal11 days ago

    [$$] Frozen Dinners Make a Comeback

    Frozen dinners are on a hot streak. Sales of microwavable meals are rising at the fastest pace in a decade, drawing attention from food-company executives otherwise struggling with falling sales for well known but outdated brands. “We believe this is not a blip,” said Sean Connolly, chief executive of Conagra Brands Inc., maker of Healthy Choice, Banquet and Marie Callender’s frozen meals.

  • Reuters14 days ago

    Nestle to buy coffee from Zimbabwe in development push

    Nestle's (NESN.S) Nespresso arm expects to buy nearly all of Zimbabwe's top-end coffee crop from small farmers this growing season and will help the beleaguered local industry get back on its feet, the Swiss group said on Thursday. "Nespresso expects to buy more than 95 percent of the high quality coffee production of Zimbabwean smallholders this season. Nespresso is also working with farmers for the next harvest, when volumes are set to increase.

  • Move Over, Quinoa, Nestle Is Looking for the Next Superfood
    Bloomberg16 days ago

    Move Over, Quinoa, Nestle Is Looking for the Next Superfood

    Quinoa is so 2017. The world’s largest food company may add the Andean fruit, closely related to the tomato with a sweet and sour taste, to a range of products after acquiring a Latin American snack maker that relies on the ingredient. “One of our main rationales to partner up with Nestle was that we’ve seen excitement from Nestle to start using goldenberries as part of their ingredients in their products, from baby food to cereal bars to chocolate,” Terrafertil Chief Executive Officer David Bermeo said in an interview.

  • Wintergreen Fund Curbs 5 Positions in 2nd Quarter
    GuruFocus.com20 days ago

    Wintergreen Fund Curbs 5 Positions in 2nd Quarter

    Top sells include Heineken and British American Tobacco

  • Reuters21 days ago

    Nestle to cut fewer tech workers in Switzerland

    Nestle has finalised plans for reorganising its Swiss information technology (IT) setup, the food and beverage giant said on Thursday, reducing the number of tech worker jobs it will cut at its home base. In May, Nestle said it planned to eliminate up to 500 information technology jobs in Switzerland as it shifts work to an existing tech hub in Spain and other locations. Following consultations, the company has now determined that it will keep around 150 IT employees in Switzerland, compared to the 100 originally announced in May, and will extend the reorganisation plan into the second half of 2020.

  • Nestle to cut fewer tech workers in Switzerland
    Reuters21 days ago

    Nestle to cut fewer tech workers in Switzerland

    Nestle (NESN.S) has finalised plans for reorganizing its Swiss information technology (IT) setup, the food and beverage giant said on Thursday, reducing the number of tech worker jobs it will cut at its home base. In May, Nestle said it planned to eliminate up to 500 information technology jobs in Switzerland as it shifts work to an existing tech hub in Spain and other locations. Following consultations, the company has now determined that it will keep around 150 IT employees in Switzerland, compared to the 100 originally announced in May, and will extend the reorganization plan into the second half of 2020.

  • Bloomberg22 days ago

    Nestle Wants Your DNA

    The company that brought you milk chocolate, Maggi instant noodles and Rocky Road ice cream is worried about your health. Nestle SA, the world’s largest food company, has joined the trend for personalized nutrition with a blend of artificial intelligence, DNA testing and the modern obsession with Instagramming food. The program, begun in aging Japan, could provide the Swiss company with a wealth of data about customers’ wellness and diet as it pivots toward consumers who are seeking to improve their health and longevity.

  • Reuters23 days ago

    Nestle, Starbucks wrap up $7.15 billion licensing deal

    ZURICH (Reuters) - Nestle (NESN.S) and Starbucks (SBUX.O) said on Tuesday they had concluded their licensing deal for the Swiss food giant to market the U.S. coffee maker's packaged coffees and teas around ...

  • Nestlé SA (VTX:NESN): What’s In It For The Shareholders?
    Simply Wall St.23 days ago

    Nestlé SA (VTX:NESN): What’s In It For The Shareholders?

    Two important questions to ask before you buy Nestlé SA (VTX:NESN) is, how it makes money and how it spends its cash. This difference directly flows down to how muchRead More...

  • Starbucks eyes major growth with new global expansion plan
    Yahoo Finance Video23 days ago

    Starbucks eyes major growth with new global expansion plan

    Starbucks is joining forces with Nestle to market its packaged goods across the globe. This would allow the coffee giant to place its focus elsewhere. Yahoo Finance’s Dan Roberts, Rick Newman, and Julia La Roche break down the details.