Nestle raises its full year sales outlook Nestle has today raised its sales guidancey, saying it now expected full-year organic growth of 6%-7% after strong coffee sales and price hikes pushed organic ... Business • 20 Oct 21
Nestle sees higher input cost inflation next year Nestle expects even higher input cost inflation in 2022 than this year, the world's biggest food group's chief financial officer has said. Business • 10 Sep 21
Nespresso says not raising coffee prices yet Nespresso, the premium coffee division controlled by Nestle, has not increased prices for its capsules yet despite a sharp increase in benchmark prices for arabica ... Business • 24 Jun 21
Nestle buys vitamin maker Bountiful's main brands Nestle has bought the main brands of vitamin and supplements maker The Bountiful Company for $5.75 billion, the world's largest packaged food company said today. Business • 30 Apr 21
Coffee lovers and home bakers boost Nestle Q1 sales Food giant Nestle has today posted its strongest quarterly sales growth in 10 years, citing stronger demand for coffee, dairy and petcare products. Business • 22 Apr 21
Nestle's full year growth outshines peers Nestle wants to keep growing organic sales towards a mid-single-digit rate this year, the food giant said today, after strong demand for pet food and ... Business • 18 Feb 21
Nestle to sell American water brands for $4.3 billion Nestle said today it would sell Pure Life and some other struggling North American water brands to two private equity firms for $4.3 billion, as ... Business • 17 Feb 21
Fashion overtakes food on European stock markets French luxury goods group LVMH is now the biggest company on European stock markets, ahead of Swiss food giant Nestle, on the back of resilient ... Business • 10 Feb 21
Nestlé's Limerick plant first on water standard The world's biggest food and beverage company, Nestlé, has become the first firm in Ireland to achieve Platinum certification under the independent Alliance for Water ... Business • 09 Feb 21
Nestle to invest billions to cut carbon emissions Nestle said today it plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years, giving details on how it wants to ... Business • 03 Dec 20
Nestle sells Yinlu business in China amid cleanup Nestle has agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise, a company controlled by the family ... Business • 25 Nov 20
Nestle using insect protein in Purina pet food Nestle's Purina brand is launching a line of pet food using insects, as the world's biggest food group tests more environmentally sustainable protein sources. Business • 05 Nov 20
Nestle raises full-year guidance after Q3 sales beats Nestle has today raised its guidance for organic sales growth to around 3% for 2020 after posting better-than-expected growth of 4.9% for the third quarter ... Business • 21 Oct 20
Covid has made management more hands-on - Nestle CEO Food company Nestle said the Covid-19 pandemic has forced its senior management to become more immersed in daily operations as executives need to deal with ... Business • 29 Sep 20
Nestle to buy Aimmune for $2.6 billion Nestle is offering $34.50 per share for the remaining 74.4% in peanut allergy treatment maker Aimmune Therapeutics it does not already own as it adds ... Business • 31 Aug 20
Nestle launches vegan alternative to tuna Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout. Business • 02 Sep 21
Nestle sees slower growth as stockpiling eases Nestle cut its full-year underlying sales growth forecast to 2-3%, saying demand had slowed as customers worked their way through cupboards they stocked up with ... Business • 30 Jul 20
Covid-19 stockpiling drives strong Nestle sales growth Nestle reported a 4.3% rise in organic sales growth for the first quarter, the food giant said today, as consumers filled cupboards with pet food ... Business • 24 Apr 20
Nestle pushes back growth target after solid 2019 Food giant Nestle expects growth to accelerate over the next two years towards its mid-single digit organic growth target, initially set for 2020, after it ... Business • 13 Feb 20
Nestle buys Allergan's Zenpep in medical nutrition deal Swiss food giant Nestle has bulked up its medical nutrition business by buying Allergan's Zenpep, a product for people whose pancreases do not provide enough ... Business • 27 Jan 20
Nestle invests €1.9 billion to move to recycled plastic Food giant Nestle said today it would invest up to 2 billion Swiss francs (€1.9 billion) to source more recycled plastics to package its products. Business • 16 Jan 20
Major firms produce large amount of plastic waste A handful of mutlinational companies produce a large amount of the plastic littering the planet, according to an environmental pressure group. News Lens • 23 Oct 19
Nestle revamps waters business as organic growth slows Food group Nestle plans to return up to 20 billion Swiss francs to shareholders over the next three years and reorganise its struggling waters business ... Business • 17 Oct 19
Nestle institute to develop 'packaging of the future' Nestle has set up a research institute to develop more environmentally friendly packaging for its products and reduce plastic waste, taking matters into its own ... Business • 13 Sep 19
Nestle to develop environmentally friendly packaging Nestle has set up a research institute to develop more environmentally friendly packaging for its products and reduce plastic waste, taking matters into its own ... News Lens • 12 Sep 19
