NESN.VX - Nestlé S.A.

Swiss - Swiss Delayed Price. Currency in CHF
83.98
-0.14 (-0.17%)
At close: 5:30PM CET
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Previous Close84.12
Open84.12
Bid83.62 x 596700
Ask75.66 x 2351000
Day's Range83.52 - 84.92
52 Week Range73.00 - 86.40
Volume5,106,003
Avg. Volume6,568,048
Market Cap256.773B
Beta (3Y Monthly)N/A
PE Ratio (TTM)36.20
EPS (TTM)N/A
Earnings DateAug 11, 2016 - Aug 15, 2016
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est84.84
  • Reuters2 days ago

    Nestle's Purina PetCare mulls French plant sale, job cuts

    Nestle's (NESN.S) Purina PetCare division could cut around 200 jobs in France through voluntary departures and it is also exploring options for its Quimperle plant in Brittany, including a sale, said a Nestle France spokesman. The spokesman made the comments after trade unions at Nestle Purina said the company could sell the Quimperle plant, which employs 123 people, and cut jobs at the Marconnelle, Montfort, Aubigny and Veauche plants in France to cut costs. Nestle Purina France currently employs 1,800 people.

  • Financial Times3 days ago

    [$$] Iceland’s cute advert over-simplifies a complex problem

    against their use of palm oil, which the environmental group said was causing widespread deforestation in areas inhabited by orangutans. Unilever swiftly agreed to suspend the purchase of palm oil from Sinar Mas, the Indonesian company that Greenpeace accused of threatening orangutan habitats, but Nestlé held out. Greenpeace responded with what looked like an online advertisement for Nestlé’s Kit Kat chocolate.

  • Reuters3 days ago

    Nestle raises stake in food allergy drug developer Aimmune

    The deal raises Nestle's stake to about 19 percent from 14.5 percent as of Feb. 26 and its total investment in Aimmune to $273 million. The companies also extended their two-year strategic pact to develop therapies for food allergies by another two years, Aimmune said on Monday. In the United States, there is no approved treatment for peanut allergies, a medical condition that is becoming increasingly common and could be fatal.

  • World Craving for Vietnam's Robusta Coffee Has Exports Surging
    Bloomberg9 days ago

    World Craving for Vietnam's Robusta Coffee Has Exports Surging

    Exports of all varieties are likely to top 1.8 million metric tons, according to Do Ha Nam, the chief executive officer of Intimex Group, the largest shipper in the country. Nam is also vice head of the Vietnam Coffee and Cocoa Association, the main industry grouping in the world’s largest robusta grower. “The world market has consumed all the coffee shipments from Vietnam,” Nam said in an interview.

  • Benzinga13 days ago

    Analysts React To Starbucks' Brewing Q4 Success

    Starbucks Corp. (NASDAQ: SBUX) posted strong fourth-quarter results Thursday, reporting earnings per share of 62 cents per share, beating a 60-cent estimate. Bank of America Merrill Lynch analyst Gregory R. Francfort maintained a Buy on Starbucks and raised the price objective from $64 to $68. Morgan Stanley analyst John Glass maintained an Equal-weight rating and raised the price target from $59 to $64.

  • Bloomberg16 days ago

    Land O’Lakes, Purina Pull Support for Iowa Congressman Steve King Over Racial Remarks

    Purina PetCare made a similar announcement Tuesday afternoon. King has been at the forefront of a right-wing push to end birthright citizenship, a policy President Donald Trump said in an interview with Axios he would seek to enact, despite protections under the U.S. Constitution. King, who’s previously made derogatory remarks about immigrants, has also expressed admiration for Hungarian Prime Minister Viktor Orban and tweeted support for his attacks on George Soros, a billionaire supporter of the Democratic Party who last week was one of a dozen recipients of mail bombs allegedly sent by a Trump supporter.

  • Simply Wall St.17 days ago

    What Kind Of Shareholder Owns Most Nestlé SA (VTX:NESN) Stock?

    If you want to know who really controls Nestlé SA (VTX:NESN), then you’ll have to look at the makeup of its share registry. Institutions will often hold stock in bigger Read More...

  • Reuters20 days ago

    Nestle India posts 30 percent rise in quarterly profit on strong domestic sales

    (Reuters) - Nestle India Ltd, maker of Maggi instant noodles and Kit-Kat chocolates, reported a near 30 percent rise in quarterly profit on Friday, driven by higher domestic sales. Profit came in at 4.46 ...

  • U.S. appeals court revives Nestle child slavery lawsuit
    Reuters22 days ago

    U.S. appeals court revives Nestle child slavery lawsuit

    Judges of the 9th U.S. Circuit Court of Appeals in Pasadena, California, said in a unanimous decision that the group could proceed with its claims despite the alleged abuses having occurred overseas. "In sum, the allegations paint a picture of overseas slave labor that defendants perpetuated from headquarters in the United States," the court wrote.

  • The Wall Street Journal23 days ago

    [$$] Investor Disquiet at Nestlé Grows Beyond Activist Third Point

    Nestlé SA’s chairman is facing mounting opposition from some shareholders who say the former chief executive isn’t helping his successor’s efforts to reinvigorate growth at the world’s largest packaged-foods maker. The maker of Nescafe coffee and Purina pet food has been under pressure since activist investor Daniel Loeb’s Third Point LLC disclosed a $3.5 billion stake in the company last year and called for a raft of changes. Nestlé has in turn sought to boost returns by investing in higher-growth categories like coffee, while selling underperforming units such as U.S. confectionery.

  • Reuters23 days ago

    U.S. appeals court revives Nestle child slavery lawsuit

    Judges of the 9th U.S. Circuit Court of Appeals in Pasadena, California, said in a unanimous decision that the group could proceed with its claims despite the alleged abuses having occurred overseas. "In sum, the allegations paint a picture of overseas slave labour that defendants perpetuated from headquarters in the United States," the court wrote.

  • Can Nestle Break Out of Its Malaise?
    Motley Fool27 days ago

    Can Nestle Break Out of Its Malaise?

    The food company's stock hasn't gone anywhere for years. Will its new initiatives finally produce results that reward its investors?

  • The Wall Street Journal28 days ago

    Inflation Is Back—and Unilever, Nestlé Are Taking Advantage

    Two of the world’s largest consumer-goods companies, Unilever PLC and Nestlé SA, reported stronger sales as a wave of inflation in many markets emboldened them to raise prices. Unilever, the maker of Hellmann’s mayonnaise and Dove soap, on Thursday said third-quarter sales climbed 3.8% on an underlying basis, with prices up 1.4%. Nestlé, which makes Kit Kat chocolate and Nescafe coffee, reported organic sales up 2.9% for the quarter, saying prices grew by 0.9%.

  • Price increases underpin sales growth at Nestle, Unilever
    Reuters28 days ago

    Price increases underpin sales growth at Nestle, Unilever

    Nestle (NESN.S) and Unilever (ULVR.L) (UNc.AS), two of the world's biggest consumer goods makers, both reported a pick-up in quarterly sales on Thursday after getting higher prices for their products. This is a change from earlier this year, when pricing was steady and the likes of Unilever and Nestle had to rely almost entirely on selling more goods to drive revenue growth. Unilever -- the Anglo-Dutch maker of Dove soap which dropped plans to move to the Netherlands this month after British investors rebelled - said it expects more price rises to come through in the fourth quarter, which could weigh on demand.

  • Price increases underpin sales growth at Nestle, Unilever
    Reuters28 days ago

    Price increases underpin sales growth at Nestle, Unilever

    Nestle (NESN.S) and Unilever (ULVR.L) (UNc.AS), two of the world's biggest consumer goods makers, both reported a pick-up in quarterly sales on Thursday after getting higher prices for their products. This is a change from earlier this year, when pricing was steady and the likes of Unilever and Nestle had to rely almost entirely on selling more goods to drive revenue growth. Unilever -- the Anglo-Dutch maker of Dove soap which dropped plans to move to the Netherlands this month after British investors rebelled - said it expects more price rises to come through in the fourth quarter, which could weigh on demand.

  • The Wall Street Journal28 days ago

    [$$] Inflation Is Back—and Unilever, Nestlé Are Taking Advantage

    Two of the world’s largest consumer-goods companies, Unilever PLC and Nestlé SA, reported stronger sales as a wave of inflation in many markets emboldened them to raise prices. Unilever, the maker of Hellmann’s mayonnaise and Dove soap, on Thursday said third-quarter sales climbed 3.8% on an underlying basis, with prices up 1.4%. Nestlé, which makes Kit Kat chocolate and Nescafe coffee, reported organic sales up 2.9% for the quarter, saying prices grew by 0.9%.

  • For Nestle and Unilever, No News Is Good News
    Bloomberg28 days ago

    For Nestle and Unilever, No News Is Good News

    Unilever and Nestle, two of Europe's biggest consumer giants, managed to report sales growth that broadly matched analyst estimates on Thursday. The pair is struggling with lackluster sales growth as consumers turn to smaller, often more millennial-friendly products, and growth in emerging markets slows. Of the two, Marmite-maker Unilever is under the greater pressure to produce better operating results after promising to revive its performance after spurning a generous takeover approach.

  • Departure of Asia chief Martello overshadows Nestle's sales rise
    Reuters28 days ago

    Departure of Asia chief Martello overshadows Nestle's sales rise

    Nestle's (NESN.S) highly regarded Asia chief Wan Ling Martello is leaving the world's largest packaged food company, taking the shine off the faster sales growth over the last three months. The maker of KitKat chocolate and Nescafe instant coffee said it was seeing improved momentum in North America and infant nutrition as it reported sales growth of 2.9 percent in the third quarter, up from 2.6 percent rate in the second quarter and in line with Reuters forecasts. Nestle's figures were overshadowed by the departure of Martello, its former chief financial officer, who has led a revival in the company's fastest-growing region Asia, Oceania Africa (AOA) since 2015.

  • Reuters28 days ago

    Departure of Asia chief Martello overshadows Nestle's sales rise

    Nestle's highly regarded Asia chief Wan Ling Martello is leaving the world's largest packaged food company, taking the shine off the faster sales growth over the last three months. The maker of KitKat chocolate and Nescafe instant coffee said it was seeing improved momentum in North America and infant nutrition as it reported sales growth of 2.9 percent in the third quarter, up from 2.6 percent rate in the second quarter and in line with Reuters forecasts. Nestle's figures were overshadowed by the departure of Martello, its former chief financial officer, who has led a revival in the company's fastest-growing region Asia, Oceania Africa (AOA) since 2015.

  • The Wall Street Journal28 days ago

    [$$] Nestle's Modest Sales Growth Highlights Its Struggles

    SA’s (NESN.EB) sales for the first nine months of 2018 grew only modestly, highlighting the struggles the packaged food giant still faces as it tries to steer its massive portfolio toward faster-growing businesses like coffee. Swiss-based Nestle said Thursday that sales in the nine months ended Sept. 30 were 66.4 billion Swiss francs ($66.9 billion) compared with CHF65.1 billion for the period last year, broadly in line with analyst expectations. Revenues were held back in part by the strength of the Swiss franc against emerging-market currencies, which weakened foreign sales when they were translated into the Swiss currency.

  • Danone Can't Offset a Baby Bust With Yogurt
    Bloomberg29 days ago

    Danone Can't Offset a Baby Bust With Yogurt

    Danone SA reported its weakest third-quarter sales growth in more than a decade as infant nutrition revenue in China fell 20 percent. This dynamic will also affect Nestle SA and Reckitt Benckiser Group Plc, which entered the market through its 2017 acquisition of Mead Johnson. Some 30 percent of Danone baby milk sales in the country come from intermediaries such as wholesalers who, for instance, buy in Europe and ship the products abroad.

  • Reuterslast month

    Coke, Pepsi, Nestle top makers of plastic waste: Greenpeace

    Drink companies Coca-Cola, PepsiCo and Nestle were found to be the world's biggest producers of plastic trash, a report by environmental group Greenpeace said on Tuesday. Working with the Break Free From Plastic movement, Greenpeace said it orchestrated 239 plastic clean-ups in 42 countries around the world, which resulted in the audit of 187,000 pieces of plastic trash. Coca-Cola, the world's largest soft drink maker, was the top waste producer, Greenpeace said, with Coke-branded plastic trash found in 40 of the 42 countries.

  • Lactalis buys Nestle Malaysia's chilled dairy business in $40 million deal
    Reuterslast month

    Lactalis buys Nestle Malaysia's chilled dairy business in $40 million deal

    Lactalis, the world's largest dairy firm, said it had agreed to buy the chilled dairy business of Nestle (NESN.S) in Malaysia in a deal worth around $40 million (30.6 million pounds). Nestle Malaysia (NESM.KL) said earlier that it expected the sale to Lactalis for 155.3 million Ringgit (28.3 million pounds)to result in a one-time gain of about 27 million Ringgit over 2018 and 2019. Nestle's chilled dairy business in Malaysia generates revenues of 21 million euros (18.4 million pounds), said Lactalis, which is a privately-held French company.

  • Reuterslast month

    BRIEF-Nestle (Malaysia) Says Units To Dispose Chilled Dairy Business & Segment Of Manufacturing Business

    Oct 9 (Reuters) - Nestle (Malaysia) Bhd: * UNITS NESTLÉ PRODUCTS SDN & NESTLÉ MANUFACTURING SDN TO SELL & TRANSFER CHILLED DAIRY BUSINESS & SEGMENT OF MANUFACTURING BUSINESS * TO SELL AND TRANSFER BUSINESSES ...