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4-Traders Homepage  >  Equities  >  Swiss Exchange  >  Nestle SA    NESN   CH0038863350

NESTLE SA (NESN)

Delayed Quote. Delayed  - 07/26 05:31:24 pm
78.5 CHF   +0.45%
09:06a NESTLE : How a diet for pilots could improve nutrition for the elder..
07/22 NESTLE : Waitsburg residents bristle at Nestle's exploration
07/21 SHIONOGI : Maruho and Galderma Strengthen Strategic Alliance in Japa..
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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.

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Financials ( CHF)
Sales 2016 90 562 M
EBIT 2016 13 991 M
Net income 2016 10 149 M
Debt 2016 13 546 M
Yield 2016 2,98%
P/E ratio 2016 23,17
P/E ratio 2017 21,60
EV / Sales 2016 2,84x
EV / Sales 2017 2,69x
Capitalization 243 215 M
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Mean consensus HOLD
Number of Analysts 32
Average target price 76,5  CHF
Spread / Average Target -2,1%
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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
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