Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Nestlé S.A.    NESN   CH0038863350

NESTLÉ S.A.

(NESN)
  Report
Delayed Quote. Delayed Swiss Exchange - 11/27 11:30:25 am
102.3 CHF   -0.08%
11/26Business rights or human rights? Swiss vote shines spotlight on companies
RE
11/25NESTLE : Gets a Buy rating from JP Morgan
MD
11/25Nestle Agrees to Sell Yinlu Food Businesses in China
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Nestle 9-Months Sales Fell; 2020 Guidance Raised

10/21/2020 | 02:04am EST

By Giulia Petroni

Nestle SA said Wednesday that sales fell in the first nine months of the year, but raised its full-year guidance.

The Swiss food-and-beverage giant reported sales at 61.91 billion Swiss francs ($68.24 billion) in the period, down from CHF68.37 billion in the previous year. A company-compiled consensus forecast had seen sales at CHF62.09 billion.

Organic sales growth was 3.5%, with real internal growth of 3.3%, boosted by a strong performance in the Americas, Purina PetCare and Nestle Health Science, the company said.

Demand for at-home consumption products remained strong throughout the period, while the out-of-home products' performance remained negative. E-commerce increased in the period, reaching 12.3% of the total group's sales.

Nestle raised its full-year guidance, saying it now expects organic sales growth at around 3%. It had previously targeted organic growth in the range of 2% to 3%.

It also said it expects underlying trading operating profit margin to improve, and underlying earnings per share at constant currencies, as well as capital efficiency, to increase.

Nestle said the strategic review of some of its businesses, including part of the North American waters business, is fully on track and expected to be completed early next year.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

10-21-20 0203ET

Stocks mentioned in the article
ChangeLast1st jan.
NESTLÉ S.A. -0.08% 102.3 Delayed Quote.-2.29%
All news about NESTLÉ S.A.
11/26Business rights or human rights? Swiss vote shines spotlight on companies
RE
11/25NESTLE : Gets a Buy rating from JP Morgan
MD
11/25Nestle Agrees to Sell Yinlu Food Businesses in China
DJ
11/25NESTLE S A : sells Yinlu business in China amid portfolio cleanup
RE
11/25NESTLE S A : sells Yinlu business in China amid portfolio cleanup
RE
11/25NESTLE S A : Nestlé agrees to sell Yinlu peanut milk and canned rice porridge bu..
AQ
11/23Danone to cut jobs, product lines in virus-led restructuring
RE
11/12Nestle Appoints New Head of Strategic Business Units, Marketing and Sales
DJ
11/12NESTLE S A : Changes in the Executive Board of Nestlé S.A.
PU
11/12NESTLE S A : Changes in the Executive Board of Nestlé S.A.
AQ
More news
Financials
Sales 2020 84 945 M 93 856 M 93 856 M
Net income 2020 11 697 M 12 924 M 12 924 M
Net Debt 2020 30 184 M 33 350 M 33 350 M
P/E ratio 2020 25,2x
Yield 2020 2,66%
Capitalization 285 B 315 B 315 B
EV / Sales 2020 3,71x
EV / Sales 2021 3,68x
Nbr of Employees 291 000
Free-Float 93,5%
Chart NESTLÉ S.A.
Duration : Period :
Nestlé S.A. Technical Analysis Chart | NESN | CH0038863350 | MarketScreener
Technical analysis trends NESTLÉ S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 117,02 CHF
Last Close Price 102,30 CHF
Spread / Highest target 27,1%
Spread / Average Target 14,4%
Spread / Lowest Target -8,11%
EPS Revisions
Managers
NameTitle
Ulf Mark Schneider Chief Executive Officer & Director
Paul Bulcke Chairman
Magdi Batato Executive Vice President-Operations
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Stefan Palzer Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
NESTLÉ S.A.-2.29%314 488
MONDELEZ INTERNATIONAL, INC.4.38%82 220
DANONE S.A-29.34%40 869
THE KRAFT HEINZ COMPANY1.28%39 784
GENERAL MILLS, INC.12.02%36 680
THE HERSHEY COMPANY0.80%30 836