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

NESTLÉ (NESN)
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Real-time Quote. Real-time CHI-X - 04/26 01:31:22 pm
76.13 CHF   +1.18%
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Nestle SA : No Horse Meat Found in Nestle Products : Italy

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02/23/2013 | 12:58pm CEST

ROME (AFP)--Italy's health ministry on Saturday said tests carried out on Nestle SA (NSRGY, NENS.VX) beef products seized this week had shown they did not contain horse meat.

"There was no trace of equine DNA in the cooked and frozen minced beef that was seized from Nestle on February 21," the ministry said in a statement.

"The meat will therefore be returned," it added.

Nestle, the world's biggest food company, on Monday said it was withdrawing two types of pasta meal from supermarket shelves in Italy and Spain due to contamination that did not constitute a health risk.

Italian police on Thursday seized 26 tons of beef from Nestle.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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Financials ( CHF)
Sales 2018 91 800 M
EBIT 2018 15 174 M
Net income 2018 10 497 M
Debt 2018 21 843 M
Yield 2018 3,31%
P/E ratio 2018 21,11
P/E ratio 2019 18,96
EV / Sales 2018 2,79x
EV / Sales 2019 2,72x
Capitalization 235 B
Chart NESTLÉ
Duration : Period :
Nestlé Technical Analysis Chart | NESN | CH0038863350 | 4-Traders
Technical analysis trends NESTLÉ
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 84,5  CHF
Spread / Average Target 12%
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 Palzer Chief Technology Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
NESTLÉ-10.21%238 583
THE KRAFT HEINZ COMPANY-27.30%68 900
MONDELEZ INTERNATIONAL-7.29%58 988
DANONE-5.35%53 832
ASSOCIATED BRITISH FOODS-6.60%28 521
GENERAL MILLS-25.16%26 307