Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Swiss Exchange  >  Nestlé    NESN   CH0038863350

NESTLÉ (NESN)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Nestle : Nestlé inaugurates pet food factory expansion in Hungary

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 05:04pm CET

Nestlé today inaugurated a 70 million expansion to its Purina plant in Bük, Hungary. The factory produces high-quality pet food for dogs and cats in more than 40 countries, meeting growing demand from pet owners.

The investment underlines Nestlé's strategy to focus capital spending on advancing the high-growth food and beverage categories of petcare, coffee, infant nutrition and bottled water.

The plant produces a range of brands - including Felix, Gourmet and Friskies - to keep pets happy, healthy and strong. A fully automated new manufacturing unit employs a globally unique technology to turn high-quality local agricultural inputs into more than one million pet food items every day. The new 5000 square-metre manufacturing hall includes two new filling and packaging lines.

The Bük site is one of the largest pet food manufacturing plants in Europe. It has 900 employees and more than 90 per cent of its output is produced for export.

Read more in the Nestlé Hungary press release

Nestlé SA published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 16:03:03 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NESTLÉ
11/18 NESTLE PAKISTAN : National Conference on Food Safety and Harmonization set for 2..
11/17 BAYER : Heiko Schipper to join Bayer Board of Management and head Consumer Healt..
11/16 Norway's $1 trillion wealth fund proposes to drop oil, gas stocks from index
11/16 NESTLE : reorganizes infant nutrition business, announces changes to Executive B..
11/15 NESTLE : Beech-Nut Says It Has Permanently Discontinued Claims Challenged by Nes..
11/15 Bayer hires new blood to stem 'Amazon effect' in consumer health
11/15 Nestle reorganizes infant nutrition business
11/15DJNestle Will Move Infant Nutrition Unit to Regionally Managed Business -- Upda..
11/15DJNestle Will Move Infant Nutrition Unit to Regionally Managed Business
11/15 NESTLE : Nestlé reorganizes infant nutrition business, announces changes to Exec..
More news
News from SeekingAlpha
08:14a Will General Mills Be Acquired By Nestle?
11/21 More than 1,000 French jobs at risk in efficiency drive, unions say
11/21 Wells Fargo mulls Nestle/Hain merger
11/20 Hain Celestial jumps on talk of Nestle interest
11/20 My 27 Stock Portfolio
Financials ( CHF)
Sales 2017 90 075 M
EBIT 2017 13 889 M
Net income 2017 9 843 M
Debt 2017 14 733 M
Yield 2017 2,81%
P/E ratio 2017 26,24
P/E ratio 2018 23,62
EV / Sales 2017 3,10x
EV / Sales 2018 3,01x
Capitalization 264 B
Chart NESTLÉ
Duration : Period :
Nestlé Technical Analysis Chart | NESN | CH0038863350 | 4-Traders
Technical analysis trends NESTLÉ
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 88,8  CHF
Spread / Average Target 4,5%
EPS Revisions
Managers
NameTitle
Ulf Mark Schneider Chief Executive Officer & Director
Paul Bulcke Chairman
Magdi Batato Executive Vice President & Head-Operations
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Stefan Catsicas Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
NESTLÉ15.54%267 075
THE KRAFT HEINZ COMPANY-8.81%97 472
MONDELEZ INTERNATIONAL-4.58%63 243
DANONE14.49%54 590
ASSOCIATED BRITISH FOODS12.42%32 510
GENERAL MILLS, INC.-13.03%30 417