Category: Nestle
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Defense, Novo and Nestle: 2024 Highs and Lows in European Stocks
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Breadcrumb links BMN Business A surge in defense stocks, gains fueled by trades in banks and a rally in Siemens Energy AG shares were among the highlights for European stocks in 2024, a year that once again saw the region struggle to keep up with the United States. Article writer:…
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Nestlé cuts sales outlook and overhauls top leadership
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Nestlé again lowered its forecast for 2024 and reshaped its executive team on Thursday as the global food giant reported lower sales during the first nine months of the year. The Swiss group, whose brands range from Nespresso coffee capsules to Purina dog food and Häagen-Dazs ice cream, said its…
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Nestle to keep Health Science unit after CEO’s exit, chairman tells paper By Reuters
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(Expand distribution.) ZURICH (Reuters) – Nestle intends to keep its health sciences unit, Chairman Paul Bulcke said in a newspaper interview published on Sunday, after the food giant announced it would replace Chief Executive Mark Schneider with veteran Laurent Frix. The healthcare business is among Nestle units that some analysts…
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Nestlé plans to hold onto health science unit after CEO’s departure
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Victor Gollmer/iStock Editorial via Getty Images Nestlé Chairman Paul Bulcke said in an interview with the Neue Zurich am Sonntag newspaper published on Sunday that the company plans to retain ownership of the health sciences unit. The packaged food company said last week that longtime CEO Mark Schneider had been…
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Nestle sees stable sales growth from Q2, CEO tells paper By Reuters
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FRANKFURT (Reuters) – Swiss food giant Nestle is targeting stable sales volume growth from the second quarter through the rest of the year as cost inflation eases, its chief executive told the Swiss weekend newspaper Schweiz am Wochenende on Saturday. “From the second quarter and the rest of the year,…
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Danone, like Swiss competitor Nestle, is doubling down on foods for an aging population
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Danone, the French yoghurt maker in transition, is stepping up investment in nutritious drinks for cancer patients and the elderly, betting that an aging population will boost long-term growth. The medical nutrition unit will be a big part of the next phase of Danone’s recovery efforts, after CEO Antoine de…
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Danone, like Swiss competitor Nestle, is doubling down on foods for an aging population
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Danone, the French yoghurt maker in transition, is stepping up investment in nutritious drinks for cancer patients and the elderly, betting that an aging population will boost long-term growth. The medical nutrition unit will be a big part of the next phase of Danone’s recovery efforts, after CEO Antoine de…