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
Delayed Quote. Delayed  - 12/12 12:56:47 pm
85.25 CHF   +0.29%
12/08 NESTLE : Prairie Adventures
12/06DJNestlé Set To Acquire Vitamins Company -- WSJ
12/05 MERCK : Nestle to buy vitamin maker Atrium Innovations for $2.3 bill..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

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; [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NESTLÉ
12/11 NESTLE : Blue Bottle Coffee coming to Seoul in March
12/09 FOCUS ON COMPLIANCE WITH NEW NORMS : Fssai
12/08 NESTLE : Prairie Adventures
12/07 UPLAND SOFTWARE : Transforms Nestl`s IT Support with 400% Increase in IT Self-Se..
12/06DJNestlé Set To Acquire Vitamins Company -- WSJ
12/05 MERCK : Nestle to buy vitamin maker Atrium Innovations for $2.3 billion
12/05 NESTLE : to buy vitamin maker Atrium Innovations for $2.3 billion
12/05DJNestlé to Buy Atrium Innovations for $2.3 Billion -- Update
12/05 European shares slip in cyclical-defensive tug of war
12/05 NESTLE : buying Quebec vitamin maker Atrium Innovations for US$2.3 billion
More news
News from SeekingAlpha
12/11 Mondelez Not On Track To Adjust To Changing Consumer Preferences
12/11 RELIABLE DIVIDEND AND RECESSION PROO : Part 4
12/05 Nestle acquires Atrium Innovations
12/05 Tweedy, Browne Fund 2017 Semi-Annual Letter
12/04 Danger In Consumer Staples
Financials ( CHF)
Sales 2017 90 093 M
EBIT 2017 13 891 M
Net income 2017 9 873 M
Debt 2017 14 732 M
Yield 2017 2,80%
P/E ratio 2017 26,26
P/E ratio 2018 23,58
EV / Sales 2017 3,10x
EV / Sales 2018 3,02x
Capitalization 265 B
Chart NESTLÉ
Duration : Period :
Nestlé Technical Analysis Chart | NESN | CH0038863350 | 4-Traders
Technical analysis trends NESTLÉ
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 89,1  CHF
Spread / Average Target 4,8%
EPS Revisions
Managers
NameTitle
Ulf Mark Schneider Chief Executive Officer & Director
Paul Bulcke Chairman
Magdi Batato Executive Vice President & Head-Operations
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Stefan Catsicas Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
NESTLÉ16.84%266 650
THE KRAFT HEINZ COMPANY-10.12%95 474
MONDELEZ INTERNATIONAL-3.72%64 064
DANONE17.84%55 938
GENERAL MILLS, INC.-8.22%31 764
ASSOCIATED BRITISH FOODS5.03%30 333