Brought to you by Investec Switzerland. Nestle SA forecast the slowest full-year sales growth in more than a decade as food companies worldwide struggle against consumer resistance to price increases. Revenue will gain about 3.5 percent on an organic basis in 2016, the Vevey, Switzerland-based maker of Nespresso coffee said Thursday, abandoning a goal for […]
Nestlé wants to sell you both sugary snacks and diabetes pills
Brought to you by Investec Switzerland. Nestlé is by far the largest food company in the world. Its 335,000 employees produce more than 2,000 brands, manufactured in 436 factories across 85 countries. It’s Europe’s most valuable corporation, worth $240 billion, comfortably more than oil giant Royal Dutch Shell. Among the world’s 195 nations, it sells […]
Nestlé profits plunge after Maggi noodle scare
Swiss company news brought to you by Investec Switzerland. Nestlé India Ltd. reported a 60% drop in its net profit for the July to September period as its sales fell sharply after a scare over the safety of its Maggi instant noodles. The Indian arm of Nestlé SA said its profit slipped to 1.24 billion […]
SMI underperforms, Geneva bank jobs slump, Nestlé forecast cut, Syngenta steady
16 October 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss financial market news The Swiss Market Index suffered minor losses towards the end of this week, modestly underperforming global stocks as investors moved into more cyclical, US and emerging markets equities. A Federal Reserve report released this week […]
Markets mixed, strong franc concerns, Nestlé, Sika and Credit Suisse
18 September 2015 – Weekly Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss financial markets news Markets trend higher this week but look to give up gains on Friday after central banks again postpone rate changes… Read more. Swiss economic news The Swiss National Bank is still concerned about franc’s value […]
Swiss company news
18 September 2015 Brought to you by Investec Switzerland. Nestlé fails to trademark four-fingered KitKat The European court of justice ruled that the four-fingered KitKat’s shape was not distinctive enough for consumers to associate it with the chocolate covered wafer. Nestlé is not seeking to trademark its two-fingered version of the KitKat. Sean Farrell (The […]
Swiss company news
11 September 2015 Brought to you by Investec Switzerland. Nestlé SA (NESN VX) As Crisis Abates, Nestle India to Reduce Reliance on Maggi Nestle SA’s Indian unit, which is recovering from the biggest crisis in its history, plans to reduce its dependence on Maggi noodles and introduce more products from its global portfolio. An order […]
Swiss coffee capsule war hots up
Jean-Paul Gaillard the boss of the Swiss coffee capsule maker Ethical Coffee Company (ECC) said recently that he expects sales of his coffee capsules to exceed those of Nespresso, owned by Nestlé Group, within three years, according to the newspaper Tribune de Genève. Unlike Nespresso capsules the Nespresso-compatible ECC ones are biodegradable. According to ECC’s […]
ICRC and Nestlé recognized for outstanding organizational coaching
GENEVA. In front of hundreds of coaches and business managers, the International Coaching Federation jointly presented ICRC and Nestlé with its prestigious ICF Prism Award for outstanding organizational coaching programmes. Awarded globally since 2007, it recognizes programmes that fulfil rigorous professional standards, address strategic goals, shape organizational culture and yield measurable positive impact. Coaching differs […]
