Nestle SA

Nestlé SA is a nutrition, health, and wellness company, which engages in the business of manufacturing, supplying, and producing prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods, and cereals. It operates through the following segments: Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nestlé Health Science; and Nespresso. The company was founded by Henri Nestlé in 1866 and is headquartered in Vevey, Switzerland.

Nestle S.A. (OTCPK:NSRGY) Q2 2023 Earnings Conference Call July 27, 2023 8:00 AM ET Company Participants Luca Borlini - Head, Investor Relations Mark Schneider - Chief Executive Officer Francois Roger - Executive Vice President, Chief Financial Officer Conference Call Participants Warren Ackerman - Barclays Jon Cox - Kepler Cheuvreux Celine Pannuti - JPMorgan Patrik Schwendimann - Zurcher Kantonalbank Guillaume Delmas - UBS Bruno Monteyne - Bernstein Tom Sykes - Deutsche Bank Jeremy Fialko - HSBC Jeffrey Stent - Exane Pascal Boll - Stifel Operator Good afternoon, and good morning to everyone.

Nestle S.A. (NSRGY) Q2 2023 Earnings Call Transcript

The world's largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies.

Nestlé Raised Prices More Than 9% in First Half of the Year

Nestle is a market-leading FMCGs business. Nestle has performed well during the inflationary environment, increasing prices and benefiting from inelastic demand. Margins are also strong, despite a recent decline.

Nestle: Profitability Powerhouse But Growth Problems

ASML Hld

BASF SE

LVMH Moet Hennessy Louis Vuitton

Novo Nordisk

Roche Holding AG

Europe is a relevant place for investment due to its role as one of the world's leading economic areas. Europe is home to many well-established multinational companies. Major European stock indices have a lower average valuation and a higher dividend yield than the S&P 500. However, the S&P 500 has significantly outperformed these indices in recent years. Some individual European stocks have provided a great total return over the past years. However, there are significant practical challenges linked to diverging currencies, regulations and other factors.

Investing In European Dividend Stocks - Worth The Hassle?

Nestlé faces stagnant growth and increasing debt, which may negatively impact its dividend and long-term prospects. The company's valuation is considered overvalued, with its growth and profitability lagging behind competitors like Mondelez, General Mills, and Hershey. Nestlé's future growth may depend on SKU optimization, the growing importance of the PetCare segment, and exposure to the rapidly growing Indian market.

Nestlé: Dividend May Not Be As Sustainable As It Seems

Procter & Gamble

Unilever

Consumer goods giants like Unilever PLC (LSE:ULVR), Nestle and Procter & Gamble (NYSE:PG) could be facing an exodus of major investors due to concerns about new deforestation laws. Under the new European Union law, companies will only be allowed to sell products in the bloc if the supplier of the product has a statement confirming they have carried out due diligence into whether the coffee, cocoa, beef, soya, palm oil or other commodities products used do not come from deforested land or have led to natural forests being cut down or converted to plantations from 2020 onwards.

Unilever, FMCG giants at risk as investors fret over EU deforestation law - report

Kellogg

Kraft Heinz

Many of these food companies are attractive as they offer stellar dividends in addition to the potential for near-term upside in their stocks.

Time to Buy These Consumer Food Stocks with Stellar Dividends

Nestle is going through some near-term challenges from inflation eating into margins, and shrinking sales volumes. Medium-term prospects are better as inflation is showing signs of moderating, and Nestle's portfolio restructuring efforts show promise.

Nestle: Stable Prospects

Nestle has made good on its vow to up prices to protect margins, with a 10% hike on average in the first quarter of 2023. Ice cream and pet food saw the highest rises.

Nestle sees strong quarter as it ups prices 10%

Nestle raised prices by 8.2% in 2022, but CEO Mark Schneider had warned further rises were to come to defend its margins.

KitKat and Nescafe owner Nestle says it's raised prices by nearly 10% so far this year

Nestle SA on Tuesday reported a rise in sales volumes in the first quarter of the year as the company stepped up pricing against significant cost inflation.

Nestle sales rise on higher prices, backs full-year outlook

Legal & General Group PLC

Legal & General is among activist investors pressuring Nestle S.A. (OTC:NSRGF, VTX:NESN) to ramp up sales targets of healthier goods, ahead of the food and drink conglomerates' annual meeting on Thursday.

Nestle pressure by Legal & General to ramp up health commitments

Yfood, one of the direct-to-consumer food tech startups that has emerged over the last decade around the concept of meal replacement drinks, is bulking up. Nestle, the food and drink behemoth, has acquired 49.95% of the company's shares, with the option to buy Yfood's outstanding shares over the next few years.

Nestle takes a big swig of Yfood in a deal that values the meal replacement startup at $469M

Credit Suisse

Nestle will examine its banking relationships following the planned takeover of Credit Suisse by UBS , the food group's Chief Executive Mark Schneider said on Tuesday.

Nestle to examine banking relationships following Credit Suisse downfall

Food and beverage brands are gaining value in the post-pandemic economy.

Nestlé Ranked As Most Valuable Food Brand As Many F&B Brands Grow

Nestle demonstrated real pricing power in 2022, as it's one of very few staple companies that were able to grow sales in terms of mix and volume. After years of 'Diworsification', Nestle's management is focused on profitability, ROIC, and risk-adjusted growth.

Nestle: RIG Growth In 2022 Signals It's Time To Buy

"Inflation has left its mark on gross margins and profit margins," Nestlé CEO Mark Schneider said. "Clearly, some repairing still needs to be done."

Nestlé, the world's biggest consumer food company, says it will keep hiking prices in 2023, and that its rivals will have to do the same

Nestle SA (OTCPK:NSRGY) Q4 2022 Earnings Conference Call February 16, 2023 8:00 AM ET Company Participants Luca Borlini - Head, IR Mark Schneider - CEO François Roger - EVP & CFO Conference Call Participants Jon Cox - Kepler Cheuvreux Guillaume Delmas - UBS Celine Pannuti - JPMorgan Chase & Co. Patrik Schwendimann - Zürcher Kantonalbank Jeremy Fialko - HSBC John Ennis - Goldman Sachs Group Jeffrey Stent - BNP Paribas Exane Bruno Monteyne - Sanford C. Bernstein & Co. Thomas Sykes - Deutsche Bank James Jones - RBC Capital Markets David Hayes - Societe Generale Warren Ackerman - Barclays Bank Luca Borlini Good afternoon, and good morning to everyone.

Nestle SA (NSRGY) Q4 2022 Earnings Call Transcript

Heineken NV

Nestle has become the latest company warns prices are going up in 2023 to repair its profit margins. The Swiss food and drink conglomerate will increase its prices in order to achieve organic sales growth of 6%-8% for 2023, it revealed in its latest full-year results presentation.

Nestle and Heineken the latest to announce price hikes as cost pressures continue

The maker of Nescafé coffee and Purina pet food said sales volumes fell after it raised prices to offset soaring costs.

Nestlé Sells Less After Raising Prices, Moves to Drop Some Unpopular Lines

Nestle SA reported full-year profit and sales below expectations despite price increases to battle rampant inflation, and set out guidance for 2023.

Nestle reports 2022 profit drop, but sees ‘robust' growth in the year ahead

Nestle reported weaker than expected full year net profit despite the world's biggest food group passing on higher raw material costs by hiking prices for customers.

Nestle full year profit misses forecasts despite price increases

Nestlé announced today that it nominates Rainer Blair, President and CEO of Danaher Corporation, a global science and technology company, and Marie-Gabrielle Ineichen-Fleisch, former State Secretary and Director of the Swiss State Secretariat for Economic Affairs (SECO), for election to its Board of Directors. The elections will take place at the company's Annual General Meeting (AGM) on April 20, 2023.

Nestlé proposes Rainer Blair and Marie-Gabrielle Ineichen-Fleisch as new independent members of its Board of Directors

Total reported sales increased by 8.4% to CHF 94.4 billion. Net acquisitions had a positive impact of 1.1%. Foreign exchange decreased sales by 0.9%.

Nestlé reports full-year results for 2022

Nestle will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court upheld her claim of bullying while working at the company, newspaper Tages-Anzeiger reported.

News for Nestle SA Stock (NSRGY)