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  >  Nestle SA    NESN   CH0038863350

NESTLE SA (NESN)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Nestle SA : Nestle Expects Raw Material Price Pressure To Ease

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/20/2012 | 01:16pm CET

Swiss food giant Nestle SA (NESN.VX) Friday said it expects pressure from high raw materials prices to ease during the second half of 2012, but is sticking to its forecast of low- to mid-single-digit inflation for the year.

The maker of Nescafe instant coffee and Kit Kat chocolate bars is one of the world's biggest buyers of sugar, coffee and milk, spending around 35 billion Swiss francs ($38.4 billion) a year on ingredients and packaging.

Last year it said its bill for ingredients would rise by up to CHF3 billion as the United Nations' Food and Agricultural Food Price Index, which covers meat, dairy, cereals, oils, fats and sugar costs, reached record levels before falling back in the second half of the year.

"We are still seeing an impact on our business from the 2011 raw material pressures," Roddy Child-Villiers, the company's head of investor relations, said on a conference call Friday.

Although spot prices for cocoa, sugar and other materials have declined in recent months, Child-Villiers said there was a time lag of several months and this was reflected in Nestle's business.

"Any benefit from raw materials would be felt more in the second half," Child-Villiers said.

"We still expect lower- to mid-single-digit input cost inflation for the year as a whole."

-By John Revill, Dow Jones Newswires; +41 43 443 8042; john.revill@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NESTLE SA
12/02 NESTLE : Spotlight on critical care nutrition...
11/26 NESTLE LANKA : wins 2016 Swarnadeepa Golden Award
11/25 NESTLE PAKISTAN : Dispatch of dividend warrants of Nestle Pakistan Limited
11/21 NESTLE : Telefonica becomes Nestle's worldwide IoT communications provider
11/17 NESTLE : Appeal Challenges Nestle's Unrestricted Water Siphoning from San Bernar..
11/15 NESTLE : Nestlé gives further boost to youth employability
11/15 NESTLE : Northbrook Employee Earns National Award
11/10DJTrump's Nafta Plan Would Confront Globalized Auto -2-
11/10DJTrump's Nafta Plan Would Confront Globalized Auto Industry
11/08 NESTLE : India Counters Ramdev’s Charges, Reaffirms ‘Indian-ness&rsq..
More news
Sector news : Food Processing - NEC
12/02DJTrump Warns Companies on Jobs -- WSJ
11/30DJChicken Price Report Halted Amid Scrutiny
11/29DJU.S. GDP Revised Higher Than Expected
11/23DJPPB BHD : Malaysia's PPB Group 3Q Net Profit Rises 29.4% Driven By Singapore's W..
11/22DJHORMEL FOODS : Sees Momentum as Spam Maker Posts Record Earnings
More sector news : Food Processing - NEC
News from SeekingAlpha
12/01 WALL STREET BREAKFAST : What Will December Bring?
12/01 A scientific breakthrough from Nestle
11/30 Despite Mistakes, A Dividend Growth Investor Retires Early, Part II
11/30 WALL STREET BREAKFAST : OPEC Decision Day - Deal Or No Deal?
11/30 Tracking Gardner Russo & Gardner Portfolio - Q3 2016 Update
Advertisement
Financials ( CHF)
Sales 2016 89 943 M
EBIT 2016 13 869 M
Net income 2016 9 581 M
Debt 2016 12 321 M
Yield 2016 3,43%
P/E ratio 2016 20,80
P/E ratio 2017 18,93
EV / Sales 2016 2,49x
EV / Sales 2017 2,38x
Capitalization 211 627 M
More Financials
Chart NESTLE SA
Duration : Period :
Nestle SA Technical Analysis Chart | NESN | CH0038863350 | 4-Traders
Full-screen chart
Technical analysis trends NESTLE SA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 81,8  CHF
Spread / Average Target 20%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Paul Bulcke Chief Executive Officer & Director
Peter Brabeck-Letmathe Non-Executive 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
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
NESTLE SA-8.79%209 278
KRAFT HEINZ CO12.22%98 489
MONDELEZ INTERNATIONAL..-8.18%63 583
DANONE-6.07%40 828
GENERAL MILLS, INC.5.69%36 039
ASSOCIATED BRITISH FOO..-22.92%25 955
More Results