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.

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Nestlé SA is rejiggering its operations and supply chain to keep factories running in Ukraine, while ramping up efforts to get food donations to the parts of the country that have been hit hardest.

Nestlé rejiggers operations to keep supplying food in Ukraine

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Nestle SA ( OTCPK:NSRGY ) Q1 2022 Earnings Conference Call April 21, 2022 8:00 AM ET Company Participants Luca Borlini - Head of IR Mark Schneider - CEO Francois Roger - CFO Conference Call Participants Celine Pannuti - JPMorgan Guillaume Delmas - UBS Warren Ackerman - Barclays Bruno Monteyne - Bernstein Jon Cox - Kepler Cheuvreux Pascal Boll - Stifel James Targett - Berenberg Tom Sykes - Deutsche Bank Pinar Ergun - Morgan Stanley Jeremy Fialko - HSBC Luca Borlini Good afternoon and good morning to everyone. Welcome to the Nestle three Months 2022 Sales Webcast.

Nestle SA (NSRGY) CEO Mark Schneider on Q1 2022 Results - Earnings Call Transcript

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Nestlé has raised prices for North American consumers by 8.5% -- the steepest price hikes across its global business.

Nestlé, Procter & Gamble product prices rise as inflation slams US shoppers

Nestlé, the world's biggest food and drinks company, raised prices by more than 5% in the first three months of this year as it passed on rising costs to shoppers.

Nestlé's prices rose 5% in the first quarter. There's more to come

Nestle's organic growth target of around 5% this year is "conservative" while the margin target has become more challenging due to inflationary pressures, the food group's chief executive said on Thursday.

Nestle CEO says growth target conservative, margin more challenging

Nestle said it has been able to pass on price increases to customers so far but warned that this was less certain going forward if inflation continues to escalate. Organic sales at the Kit Kat maker grew more than expected in the first quarter of 2022 at 7.6% thanks to an average 5.2% hike in prices across its brands and markets.

Nestle passes on prices but warns of more hikes to come

Nestle SA said Thursday that sales rose in the first quarter as the company stepped up pricing against significant cost inflation and backed its full-year outlook.

Nestle sales rise on increased pricing, backs full-year outlook

ZURICH (Reuters) -Food group Nestle on Thursday confirmed its margin and sales growth targets for 2022 after strong price increases to counter cost inflation helped organic sales rise more than expected in the first quarter.

Nestle Q1 growth beats expectations thanks to strong price increases

[Ad hoc announcement pursuant to art. 53 SIX Listing Rules]

Nestlé reports three-month sales for 2022

Oreo-maker Mondelez, Nestle and PepsiCo face staff defections in Ukraine and pushback from workers in eastern Europe angered by the companies' decisions to maintain some business in Russia, according to internal corporate communications reviewed by Reuters and interviews with six workers.

Oreo-maker, Nestle, Pepsi face pressure from European employees over Russia

Nestlé said its suspending a "vast majority of our pre-war volume of products in Russia," including categories such as pet food, coffee and confectionery.

As war in Ukraine intensifies, Nestlé suspends sales of KitKat, other products in Russia

Following criticism from Ukraine's president over Nestlé's ties to Russia, the company is halting the sale of more of its brands in the country.

Nestlé pulls KitKat, Nesquik and other brands from Russia

The brands Nestlé is suspending make up the "vast majority of volume and sales" in Russia, which were 1.7 billion Swiss francs ($1.82 billion) in 2021, a spokesperson said.

Nestlé halting sales of some products in Russia including KitKat and Nesquik

The company said it would keep sending essentials such as baby food and medical nutrition to Russia.

Nestlé suspends the sale of more of its brands in Russia but will keep providing "essential foods" amid calls for the firm to withdraw

Nestle announced Tuesday the suspension of two of its iconic brands in Russia, just days after Ukrainian President Volodymyr Zelensky criticized the company for not doing enough to punish Russia financially.

No More KitKats Or Nesquik: Nestle Suspends Brands In Russia Amid Mounting Criticism

Nestle said on Wednesday that it is suspending brands including KitKat and Nesquik, among others, in Russia.

Nestle to suspend brands in Russia including KitKat and Nesquik

Swiss foodmaker Nestle became the latest target of Ukrainian President Volodymyr Zelensky, who has crusaded over the last week against companies he believes aren't doing enough to punish Russia financially.

Koch Industries, Nestle, Renault—Here Are The Companies Under Fire For Russian Ties

Nestle has stopped exporting and importing non-essential food items such as Nespresso coffee or S.Pellegrino water from and to Russia, a spokesperson told Reuters on Friday.

Nestle says halts non-essential food exports and imports to Russia

Nestle says it is suspending capital investment in Russia over its invasion of Ukraine, joining an increasingly long list of other companies that have either scaled back or ceased operations altogether over the conflict.

Nestle suspends capital investment in Russia over Ukraine invasion

Nestle, the world's largest food group, said on Wednesday it has suspended all capital investment in Russia following its invasion of Ukraine.

Nestle suspends all capital investment in Russia

Nestlé publishes its 2021 Annual Report alongside its Creating Shared Value and Sustainability Report

Swiss food giant plans to resume some operations as supermarkets in Ukrainian cities start to run low on food.

Nestle plans to reopen Ukrainian factories and warehouses to help boost food supplies

Nestle, the world's largest food group, said it has reopened its factories and warehouses in central and western Ukraine in a bid to ensure essential food and drink deliveries in the war-torn country.

News for Nestle SA Stock (NSRGY)