Last quote about Nestle
All quotes about Nestle
It could be the start of many more to come. Nestle has made a clear statement of intent with the appointment of Ulf Mark Schneider to become CEO that it will develop its health and nutrition business.
While we continued to address challenges in China, we enjoyed good performances across the U.S., Europe, South East Asia and Latin America and expect this to continue in the second half.
They know they cannot rest on their laurels.
The challenge for Nespresso will be to maintain their exceptionally high profitability because they have to invest more in marketing, promotions and new stores.
Market witnessed more of a consolidation above the 40,000 level as the results season continues.
The bulk of Nestle's business will remain in food for the foreseeable future, but it shows health is an area that Nestle wants to grow further. Schneider's appointment could trigger more acquisitions in health and wellness.
This is a clear signal that Nestle is going to stick to its 5 percent to 6 percent growth target.
It is striking that Nestle hasn't gone for a CEO from the consumer goods sector.
I don't see it hurting us. Osem can always bring in more products from its parent Nestle if necessary.
Long term, the objective will be to list the entity as we believe this will be quite an attractive growth story. We think it's a natural outcome.
The Froneri JV is fully in line with Nestle's strategy to better manage its product portfolio.
This operation means the end of our programme of disinvestment that we launched ten years ago in order to focus on the health sector and to invest more in the health sector.
It is a labelling problem. But I don't think there is a serious health issue. Consumers want to know what they are eating.
In many developed markets where consumer confidence is low, the trading environment is subdued while in most emerging markets, conditions remain dynamic and rich in growth opportunities.