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Nestlé appoints Laurent Freixe as CEO of Nestlé SA, Mark Schneider leaves the company after 8 years
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VEVEY, Switzerland – The Board of Directors of Nestlé has appointed Laurent Freixe, currently Executive Vice President and CEO Zone Latin America (LATAM), as...
Nestlé inaugurates packaging research institute, first-of-its-kind in the food industry
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VEVEY, Switzerland – Nestlé officially inaugurated on September 12 the Institute of Packaging Sciences, the first-of-its-kind in the food industry. The new Institute enables...
Nestlé, Starbucks wrap up deal for global license of consumer packaged goods
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VEVEY, Switzerland and Seattle, U.S. – Nestlé and Starbucks Corporation today announced the closing of the deal granting Nestlé the perpetual rights to market...
Nestlé to combine its scientific research operations into a single unit
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VEYVEY, Switzerland — Nestlé has recently announced changes that further strengthen its research and development operations, the largest of any food company worldwide. Nestlé will...
Nestlé reports disappointing full-year results amid challenging environment
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MILAN – Nestlé posted disappointing full-year results on Thursday. The company reported its weakest gain in more than two decades. Net profit fell nearly...
Nestlé reports slight decline (-0.4 percent) in nine-month sales for 2017
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VEVEY, Switzerland – Nestlé reported on Friday their nine-month sales for 2017. Organic growth reached 2.6%, with 1.8% of real internal growth (RIG) and...
Nestle H1 sales growth flattens, Nespresso still a key growth driver
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MILAN – Swiss food group Nestle reported slightly better than expected earnings for the first half of 2017, but failed to deliver an expected rebound in sales growth. The Vevey-based group said on Thursday net profit rose 19 percent to 4.9 billion Swiss francs in the first six months of the year ...
Nestle counts on coffee, water to reach 2020 goal, says CEO Schneider
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VEVEY, SWITZERLAND — High growth categories such as coffee and water should play key roles as Nestle S.A. targets mid-single-digit organic sales growth by ...
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