Nestlé Press Releases http://www.blandyland.com/ RSS feed for Nestlé press releases en News Media no-reply@nestle.com Nestlé steps up global response to COVID-19 pandemic, joins forces with the International Federation of the Red Cross and Red Crescent Societies http://www.blandyland.com/media/pressreleases/allpressreleases/coronavirus-covid-19-response-partnership-ifrc &nbsp; <p>At Nestlé, we care deeply for people and for the communities in which we operate, and we have an essential role to play during the COVID-19 crisis. Food and beverages help keep people healthy and enhance their quality of life. We care about our responsibility to provide good nutrition, especially for the most vulnerable in society – children, the elderly and those struggling with illness. </p> <p>We would like to assure our customers and consumers that we will continue to produce and deliver products to meet global demand. Our people are fully committed and are working tirelessly to ensure that supply is maintained. We have put enhanced safety measures in place at all sites, with particular focus on frontline workers in Nestlé factories, quality labs and distribution centers. We are offering additional support to staff affected by the crisis, including generous sick leave arrangements, financial support and a guarantee of full pay for a minimum of 12 weeks for hourly and salaried staff affected by temporary stoppages.</p> <p>Since the very beginning of this crisis, our people have led substantial local relief efforts in the communities around the globe where we operate. That includes working very closely with physicians to develop new tailored COVID-19 medical nutrition and supplement treatment protocols. It also includes donations to food banks and food delivery organizations, and prompt and pragmatic support to our business partners, for example in our supply chains. Efforts are continuing - and stepping up - around the world.</p> <p>Building on these efforts, Nestlé is joining forces with the International Federation of the Red Cross and Red Crescent Societies (IFRC) in response to its emergency appeal. Nestlé and the <acronym title="International Federation of the Red Cross and Red Crescent Societies">IFRC</acronym> will work together to provide urgent help for emergency services and caregivers and strengthen healthcare systems. This includes donations of food, medical nutrition and bottled water; Nestlé logistics support for <acronym title="International Federation of the Red Cross and Red Crescent Societies">IFRC</acronym> operations; a Nestlé donation of <acronym title="Swiss franc">CHF</acronym> 10 million for immediate deployment in countries where it is most needed; and donation matching 1:1 any donations to the Red Cross and Red Crescent National Societies or Federation made by Nestlé employees.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/coronavirus-covid-19-response-partnership-ifrc">press release</a></p> 566211 Thu, 26 Mar 2020 11:00:00 +0100 Nestlé Press Releases Thu, 26 Mar 2020 11:00:00 +0100 Nestlé S.A. maintains date of Annual General Meeting, changes format in light of coronavirus http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-annual-general-meeting-2020 <p>The Board of Directors of Nestlé S.A. has confirmed that the Nestlé Annual General Meeting will take place as planned on April 23, 2020. This is to ensure the continued smooth functioning of the Group and will allow for the timely payment of the dividend.</p> <p>Out of concern for people’s health and in accordance with article 6a of COVID-19 Ordinance 2 of the Federal Council of March 16, 2020, shareholders will not be allowed to attend in person.</p> <p>Shareholders remain fully able to exercise their voting rights through the Independent Representative Hartmann Dreyer, Attorneys-at-law. Voting instructions can be given to the Independent Representative in writing or via the electronic shareholder portal.</p> <p>The Board regrets the unusual circumstances of the meeting in these extraordinary times.</p> <p>Find more information on the <a href="/media/mediaeventscalendar/allevents/agm-2020"><acronym title="Annual General Meeting">AGM</acronym></a>.</p> 566196 Tue, 24 Mar 2020 07:20:00 +0100 Nestlé Press Releases Tue, 24 Mar 2020 07:20:00 +0100 Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-annual-report-2019 <p><br /> Nestlé today published its Annual Report for 2019. The Annual Report contains Nestlé’s Annual Review including Creating Shared Value highlights. It also contains the Corporate Governance &amp; Compensation Reports and the Financial Statements, which were first published on February 13, 2020, and remain unchanged.</p></p> <p>Nestlé saw strong progress in 2019, with significant improvements in key operating and financial metrics. Innovation continues to give Nestlé a competitive advantage. In order to keep pace with rapidly-changing consumer preferences, the company has changed its approach to innovation. It has made processes quicker, enhanced rapid prototyping and created accelerators. </p> <p>Alongside a strong innovation engine, digitalization is a key ingredient to continued business success. Digitalization touches on all aspects of Nestlé’s business, from supply chain management to production to marketing and sales. For example, e-commerce sales grew by 18.5% to account for 8.5% of total sales in 2019, firmly establishing Nestlé at the leading edge of the food and beverage industry. </p> <p>In 2019, Nestlé also continued to demonstrate that business can be a force for good, making a real contribution to society and helping to find solutions to global challenges. Nestlé accelerated its climate change efforts to transition to a low-carbon economy, with a pledge to achieve zero net greenhouse gas emissions by 2050. Moreover, Nestlé adopted the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations. The company will continue to work with others to mitigate and adapt to risks associated with climate change. Nestlé also continued to work towards a waste-free future, inaugurating its Institute of Packaging Sciences and deploying more sustainable packaging across its product portfolio.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-annual-report-2019">press release</a></p> 566191 Tue, 24 Mar 2020 07:15:00 +0100 Nestlé Press Releases Tue, 24 Mar 2020 07:15:00 +0100 Nestlé proposes Hanne Jimenez de Mora as a new independent member of the Board of Directors http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-board-of-directors-changes-feb-2020 <p>Nestlé today announced that it proposes Hanne Jimenez de Mora, Co-founder and Chairperson of management consulting company a-connect (group) AG and formerly a partner with McKinsey &amp; Company, for election to its Board of Directors. The elections will take place at the company's Annual General Meeting (AGM) on April 23, 2020.</p> <p>At the <acronym title="Annual General Meeting">AGM</acronym>, Beat Hess will retire from the Board after twelve years of dedicated service. The Board will propose the individual re-election of all other current members of the Board and the Chairman.</p> <p>"Let me first and foremost thank Beat Hess for his trusted advice and highly appreciated services for many years. At the same time, I am happy with the proposal of Hanne Jimenez de Mora. As an experienced top-level consultant, she will enrich the Board with her strategic management expertise across multiple industries. I value her experience as a successful entrepreneur and as a long-standing non-executive Board member of AB Volvo," said Paul Bulcke.</p> <p>With the proposed nominee, the Nestlé Board will comprise 14 members, of which twelve are independent directors. Including the proposed new nominee, Nestlé has added ten new independent directors over the last five years. The continuous refreshment of the Board enhances its diversity and adds new perspectives and experience in the different areas relevant to Nestlé.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-board-of-directors-changes-feb-2020">press release</a></p> 565366 Thu, 13 Feb 2020 07:20:00 +0100 Nestlé Press Releases Thu, 13 Feb 2020 07:20:00 +0100 Nestlé reports full-year results for 2019 http://www.blandyland.com/media/pressreleases/allpressreleases/full-year-results-2019 &nbsp; <p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>, commented:</strong><em> "We saw strong progress in 2019, with key operating and financial metrics improving significantly for the second consecutive year. Organic growth accelerated, fueled by strong momentum in the United States and Purina PetCare globally. Profitability improved again and reached our guided range one year ahead of plan. Cash flow was strong, while underlying earnings per share and returns to shareholders reached record levels. In 2020, we expect continued organic sales growth improvement as we take further steps to decisively address underperforming businesses.</em></p> <p><em>In 2019, we made significant progress in our portfolio transformation. We did what we said we would do and more. We are not done yet. We will respond to rapid changes in the industry and fast-evolving consumer preferences to position our portfolio for higher growth.</em></p> <p><em>Nestlé will continue to focus on fast innovation. The launch of our premium Starbucks products, for example, has been a great success. We are very pleased with the speed of the product rollout and the positive response by consumers. The company is fully embracing the need for speed, as the rapid expansion of our new plant-based food and beverage offerings has shown. We are getting to market faster with must-have products.</em></p> <p><em>Our shareholders are seeing reliable, sustainable and increasing cash returns even in turbulent times. A key driver is our sustainable dividend practice. We are proud to propose the 25th consecutive annual dividend increase to our shareholders this year.</em></p> <p><em>We have also reaffirmed our sustainability leadership at a time when society is increasingly looking to business for solutions to the major environmental problems we are facing. In addition, we have made significant progress in making our workplace even more diverse and inclusive. New initiatives, such as our enhanced parental leave policy, reaffirm Nestlé’s status as an employer of choice around the world.</em></p> <p>Read the <a href="/media/pressreleases/allpressreleases/full-year-results-2019">full press release</a></p> 565351 Thu, 13 Feb 2020 07:15:00 +0100 Nestlé Press Releases Thu, 13 Feb 2020 07:15:00 +0100 Nestlé acquires Zenpep, expanding its medical nutrition business http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-medical-nutrition-business-acquisition-zenpep <p><br /> Nestlé today announced that it has entered into an asset purchase agreement with Allergan to acquire the gastrointestinal medication Zenpep. This move aims to expand the company's medical nutrition business and complement its portfolio of therapeutic products.</p> <p>Zenpep, available in the United States, is a medication for people who cannot digest food properly because their pancreas does not provide enough enzymes to break down fat, protein, and carbohydrates. Zenpep's 2018 net sales were <acronym title="United States Dollar">USD</acronym> 237 million.</p> <p>"Nestlé's acquisition of Zenpep is a strategic decision that will enhance our growing medical nutrition portfolio," said Greg Behar, <acronym title="Chief Executive Officer">CEO</acronym> of Nestlé Health Science. "This is a significant opportunity for our business in the United States to add a complementary product to our existing range of nutrition products that support food ingestion, digestion and absorption. We have extensive experience in Zenpep's therapeutic areas of digestive diseases through our medical nutrition business and will leverage those capabilities as we grow this new business."</p> <p>The deal is expected to be finalized concurrent with the merger of Allergan and AbbVie. Financial details of this acquisition are not being disclosed.</p> <p>Nestlé will take ownership of Zenpep upon closing the transaction, with customary transition support from the seller.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-medical-nutrition-business-acquisition-zenpep">press release</a></p> 565296 Mon, 27 Jan 2020 07:15:00 +0100 Nestlé Press Releases Mon, 27 Jan 2020 07:15:00 +0100 Nestlé creates market for food-grade recycled plastics, launches fund to boost packaging innovation http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-market-food-grade-recycled-plastics-launch-fund-packaging-innovation <p><br /> Nestlé today announced that it will invest up to <acronym title="Swiss franc">CHF</acronym> 2 billion to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of innovative sustainable packaging solutions.</p> <p>Building on its 2018 commitment to make 100% of its packaging recyclable or reusable by 2025, Nestlé will reduce its use of virgin plastics by one third in the same period whilst working with others to advance the circular economy and endeavor to clean up plastic waste from oceans, lakes and rivers.</p> <p>Food quality and safety are paramount, and packaging plays a major role in assuring this. Most plastics are difficult to recycle for food packaging, leading to a limited supply of food-grade recycled plastics. To create a market, Nestlé is therefore committed to sourcing up to 2 million metric tons of food-grade recycled plastics and allocating more than <acronym title="Swiss franc">CHF</acronym> 1.5 billion to pay a premium for these materials between now and 2025. Nestlé will seek operational efficiencies to keep this initiative earnings neutral.</p> <p>Packaging innovation, including new materials, refill systems and recycling solutions, is another key challenge on the path towards a waste-free future. In addition to its significant inhouse research through the Nestlé Institute of Packaging Sciences, the company will launch a <acronym title="Swiss franc">CHF</acronym> 250 million sustainable packaging venture fund to invest in start-up companies that focus on these areas.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-market-food-grade-recycled-plastics-launch-fund-packaging-innovation">press release</a></p> 565236 Thu, 16 Jan 2020 08:00:00 +0100 Nestlé Press Releases Thu, 16 Jan 2020 08:00:00 +0100 Nestlé completes CHF 20 billion share buyback program, will start new share buyback program of up to CHF 20 billion http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-completes-share-buyback-program-2019-starts-new-share-buyback-program-2020 <p>Nestlé S.A. today announced that it has completed its 20 billion share buyback program initiated on July 4, 2017. Since July 4, 2017, Nestlé has repurchased 225,186,059 of its shares for a total of <acronym title="Swiss Franc">CHF</acronym> 20 billion at an average purchase price per share of <acronym title="Swiss Franc">CHF</acronym> 88.82.</p> <p>A total of 136,160,000 repurchased shares were cancelled by the Annual General Meetings held on April 12, 2018 and on April 11, 2019. As a result, the share capital of Nestlé S.A. was reduced to currently <acronym title="Swiss Franc">CHF</acronym> 297,600,000. The Annual General Meeting 2020 of Nestlé S.A. will decide upon the cancellation of the remaining 89,026,059 repurchased shares.</p> <p>Nestlé S.A. will start a new share buyback program of up to <acronym title="Swiss Franc">CHF</acronym> 20 billion as announced on October 17, 2019. Nestlé plans to commence repurchases on or after January 3, 2020. The new share buyback program shall be completed by the end of December 2022. Concurrently with this press release, Nestlé has <a href="/investors/sharesadrsbonds/share-buy-back">published the details of the program</a>&nbsp;in a buyback notice. The volume of monthly share buybacks will depend on market conditions. Should any extraordinary dividend payments or sizeable acquisitions take place during this period, the amount of the share buyback will be reduced accordingly.</p> 565186 Mon, 30 Dec 2019 17:45:00 +0100 Nestlé Press Releases Mon, 30 Dec 2019 17:45:00 +0100 Nestlé to sell 60% stake of Herta and create a joint venture with Casa Tarradellas http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-herta-joint-venture-casa-tarradellas <p> </p> <p>Nestlé today announced that it has agreed to sell a 60% stake of Herta to Casa Tarradellas. Nestlé and Casa Tarradellas will create a joint venture for Herta with their respective stakes of 40% and 60%.</p> <p>The joint venture includes Herta charcuterie (cold cuts and meat-based products) available in six European countries, as well as the Herta dough business in France and Belgium. It will be established upon finalization of employee consultations where required.</p> <p>Nestlé will retain and develop its existing Herta vegetarian business, in line with its increased focus on plant-based offerings. Nestlé offers a wide range of plant-based products, including through <em>Garden Gourmet</em> in Europe and <em>Sweet Earth</em> in the <acronym title="United States">U.S.</acronym></p> <p>The Herta charcuterie and dough business had sales of <acronym title="Euro">EUR</acronym> 667 million in 2018 and has been valued at <acronym title="Euro">EUR</acronym> 690 million. Closing is anticipated to take place in the first half of 2020.</p> <p>The joint venture will build on the brand’s significant presence and leadership position in several European countries. It will benefit from the complementary strengths and innovation expertise of both parties in order to continue the successful development of Herta in Europe.</p> <p>Marco Settembri, Executive Vice President, Chief Executive Officer Zone Europe, Middle East and North Africa, Nestlé, said: "The Herta business has delivered strong performance over the past years and is well-positioned for future growth. We are happy to have Casa Tarradellas as our partner, a family-run business that is a market leader in Spain for pizza, fresh dough and charcuterie. Both companies have a true passion for quality and innovation and are proud to be in a joint venture to provide our consumers with great ingredients for their daily meals."</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-herta-joint-venture-casa-tarradellas">press release</a></p> 565161 Thu, 19 Dec 2019 19:30:00 +0100 Nestlé Press Releases Thu, 19 Dec 2019 19:30:00 +0100 Nestlé makes strategic move to create global leader in ice cream http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-strategic-move-create-global-leader-ice-cream <br /> <p>Nestlé announced today that it has reached an agreement to sell its <acronym title="United States">U.S.</acronym> ice cream business to Froneri, an ice cream-focused joint venture Nestlé created in 2016 with PAI Partners, for a transaction value of <acronym title="United States Dollar">USD</acronym> 4 billion.</p> <p>In 2016, Nestlé and PAI Partners merged Nestlé’s European ice cream business in 20 countries and PAI-owned R&amp;R to create Froneri, one of the world’s largest ice cream companies.</p> <p>With a portfolio of iconic brands, unparalleled ice cream knowledge and focus as well as an agile and entrepreneurial management style, Froneri has been able to achieve rapid sales and profit growth, steadily gaining market share and reaching a turnover of around <acronym title="Swiss Franc">CHF</acronym> 2.9 billion in 2018.</p> <p>Froneri, which already had operations in Europe, Latin America, Africa and Asia-Pacific will now have a strong presence in the <acronym title="United States">U.S.</acronym>, the largest ice cream market in the world. The recent acquisitions of TipTop in New Zealand and Nestlé’s ice cream business in Israel have also increased Froneri’s growing global footprint.</p> <p>Nestlé <acronym title="United States of America">USA</acronym>'s successful ice cream business comes with a high-caliber management team, marketing, manufacturing and sales/distribution capabilities. In 2018, turnover was <acronym title="United States Dollar">USD</acronym> 1.8 billion. With brands like <em>H?agen-Dazs, Drumstick</em> and <em>Outshine</em>, the business commands leadership in key ice cream categories, notably super premium.</p> <p>Commenting on the transaction, Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>, said: "The creation of Froneri has been a phenomenal success. We are now making this business our global strategic partner in ice cream and are convinced that Froneri’s successful business model can be extended to the <acronym title="United States">U.S.</acronym> market. With this transaction, we are taking a decisive step towards our goal of achieving global leadership in ice cream."</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-strategic-move-create-global-leader-ice-cream">press release</a></p> 565111 Wed, 11 Dec 2019 18:30:00 +0100 Nestlé Press Releases Wed, 11 Dec 2019 18:30:00 +0100 Nestlé supports families with new parental leave policy http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-supports-families-new-parental-leave-policy <p><br /> Nestlé today announced the launch of a more inclusive and enhanced global parental support policy.</p> <p>The new gender-neutral policy will apply to all employees worldwide. Under the new policy, parental leave for primary caregivers will be extended to 18 weeks of fully paid leave from 14 weeks previously. The policy establishes a minimum of four weeks for secondary caregivers, for whom there was no global minimum before.</p> <p>Nestlé <acronym title="Chief Executive Officer">CEO</acronym> Mark Schneider said: "Every family is unique, so we have designed a parental support policy that is flexible enough to work for us all. Supporting the healthy development of infants has been a core value of our company since our founding. Our new parental support policy is an important part of our efforts to provide children with the best start in life, by allowing parents to spend more time with their new child."</p> <p>The new policy sets new minimum standards but does not set limits. This means that in some places, Nestlé may choose to offer more leave than the 18 weeks for primary caregivers and the four weeks for secondary caregivers. The company will always provide longer parental leave if local laws require it.</p> <p>In addition to the new arrangements, the parental support policy reinforces employment protection, non-discrimination, health protection, the availability of flexible working options, as well as breastfeeding support.</p> <p>Nestlé Head of Group Human Resources Béatrice Guillaume-Grabisch said: "We want to make Nestlé an even more inclusive and inspiring place to work. This is a policy that will benefit every one of our people when they welcome a new child to their family, wherever they are in the world."</p> <p>Nestlé will begin implementing the policy in 2020, with the global rollout set to be completed by the end of 2022.</p> 565061 Wed, 04 Dec 2019 09:00:00 +0100 Nestlé Press Releases Wed, 04 Dec 2019 09:00:00 +0100 Nestlé announces changes to its waters business, establishes Group Strategy and Business Development function http://www.blandyland.com/media/pressreleases/allpressreleases/waters-business-group-strategy-business-development <p>The Nestlé Board of Directors has decided to integrate the Nestlé Waters business into the Group’s three geographical Zones, effective January 1, 2020. A dedicated Strategic Business Unit (SBU) will be created and report to Patrice Bula, member of the Executive Board and Head of Strategic Business Units, Marketing &amp; Sales. The new Waters <acronym title="Strategic Business Unit">SBU</acronym> will ensure strategic alignment globally and manage core global functions.</p> <p><strong>Nestlé also announces changes to its Executive Board:</strong></p> <p><strong>Maurizio Patarnello</strong>, Deputy Executive Vice President and Head of Nestlé Waters, will leave the Nestlé Executive Board on December 31, 2019. He will continue to advise Nestlé Waters in order to ensure a smooth transition to the new organizational structure. Maurizio has a genuine passion for Nestlé Waters' iconic brands and has overseen the launch of innovative products that meet new consumer trends. The Board of Directors and the Executive Board express their sincere gratitude and appreciation to Maurizio for his leadership at Nestlé Waters. </p> <p>The Nestlé Board of Directors has appointed <strong>Sanjay Bahadur</strong>, currently Head of Acquisitions and Business Development, to the Executive Board as Deputy Executive Vice President, effective January 1, 2020. Sanjay will head the newly created <em>Group Strategy and Business Development</em> function, which will support Nestlé in identifying internal and external strategic growth opportunities. The new function will also manage external partnerships and licensing agreements for the Nestlé Group and oversee the company’s corporate venture capital activities. Sanjay joined Nestlé in June 1982. He has extensive market experience having worked in India, Switzerland, Hong Kong, Turkey and China. He was <acronym title="Chief Financial Officer">CFO</acronym> for the Greater China Region prior to assuming his role as Head of Acquisitions and Business Development.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/waters-business-group-strategy-business-development">press release</p> 563046 Thu, 17 Oct 2019 07:17:00 +0200 Nestlé Press Releases Thu, 17 Oct 2019 07:17:00 +0200 Nestlé reports nine-month sales for 2019 http://www.blandyland.com/media/pressreleases/allpressreleases/nine-month-sales-2019 <img alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/mark-schneider-feed.jpg"><br> <p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>:</strong><em>"We are pleased with our nine-month results and have made further progress towards our 2020 financial goals. We continue to see good momentum in our largest market, the United States and very strong growth for Purina PetCare globally. Nestlé’s growth was supported by investment behind our brands, rapid innovation and disciplined execution. During the third quarter, the roll-out of Starbucks products continued, now reaching 34 countries. Our portfolio transformation is fully on track, as shown by the timely completion of the Nestlé Skin Health disposal. With prudent investments and a disciplined approach to acquisitions our value creation model is generating profitable growth and attractive cash returns for our shareholders."</em></p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nine-month-sales-2019">press release</a></p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="https://edge.media-server.com/mmc/go/Nestle-2019-Nine-month-sales" target="_blank" alt="Opens in a new window: webcast">Investor call webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 558466 Thu, 17 Oct 2019 07:15:00 +0200 Nestlé Press Releases Thu, 17 Oct 2019 07:15:00 +0200 Nestlé closes the sale of Nestlé Skin Health http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-closes-sale-nestle-skin-health <p>Nestlé today announced the closing of the sale of Nestlé Skin Health to a consortium led by EQT and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for a value of <acronym title="Swiss franc">CHF</acronym> 10.2 billion.</p> <p>This follows the completion of customary regulatory approvals and closing conditions. </p> <p>Read the <a href="/media/pressreleases/allpressreleases/nestle-closes-sale-nestle-skin-health">press release</a></p> 537691 Wed, 02 Oct 2019 07:15:00 +0200 Nestlé Press Releases Wed, 02 Oct 2019 07:15:00 +0200 Nestlé accelerates action to tackle climate change and commits to zero net emissions by 2050 http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-climate-change-commitment-zero-net-emissions-2050 <p><img alt="climate change" src="/sites/default/files/climate-change-feed_5.jpg"></p> <p>Nestlé today announced its ambition to achieve zero net greenhouse gas emissions by 2050. It embraces the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C. Ahead of the <acronym title="United Nations">U.N.</acronym> Secretary-General’s Climate Action Summit this month, Nestlé will sign the ‘Business Ambition for 1.5°C’ pledge. </p> <p>With this announcement Nestlé is accelerating its climate change efforts. This builds on a decade of work to reduce greenhouse gas emissions. Over the past four years, Nestlé has aligned its objectives with science-based targets to keep the temperature increase below 2°C. The company is determined to play a leading role in tackling climate change. Over the next two years, it will lay out a time-bound plan including interim targets consistent with the 1.5°C path. Nestlé will review its progress annually to ensure it is on track. </p> <p>"Climate change is one of the biggest threats we face as a society. It is also one of the greatest risks to the future of our business," said Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>. "We are running out of time to avoid the worst effects of global warming. That is why we are setting a bolder ambition to reach a net-zero future. Deploying Nestlé’s global resources and industry know-how, we know we can make a difference at significant scale. Our journey to net zero has already started. Now, we are accelerating our efforts," he added. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-climate-change-commitment-zero-net-emissions-2050">press release</p> 527636 Thu, 12 Sep 2019 14:15:00 +0200 Nestlé Press Releases Thu, 12 Sep 2019 14:15:00 +0200 Nestlé inaugurates packaging research institute, first-of-its-kind in the food industry http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-inaugurates-packaging-research-institute <p><img alt="Nestlé Institute of Packaging Sciences" src="/sites/default/files/inauguration-institute-packaging-sciences-feed.jpg"></p> <p>Nestlé today officially inaugurated the Institute of Packaging Sciences, the first-of-its-kind in the food industry. The new <a href="/media/pressreleases/allpressreleases/nestle-institute-of-packaging-sciences">Institute</a> enables Nestlé to accelerate its efforts to bring functional, safe and environmentally friendly packaging solutions to the market and to address the global challenge of plastic packaging waste.</p> <p>Speaking at the inauguration, Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>, said, "Our vision is a world in which none of our packaging ends up in landfill or as litter. To achieve this we introduce reusable packaging solutions and pioneer environmentally friendly packaging materials. Furthermore, we support the development of local recycling infrastructure and deposit schemes to help shape a waste-free world. The Nestlé Institute of Packaging Sciences enables us to create a strong pipeline of sustainable packaging solutions for Nestlé products across businesses and markets."</p> <p>The Nestlé Institute of Packaging Sciences focuses on a number of science and technology areas, such as refillable or reusable packaging, simplified packaging materials, recycled packaging materials, high-performance barrier papers as well as bio-based, compostable and biodegradable materials.</p> <p>Stefan Palzer, Nestlé <acronym title="Chief Technology Officer">CTO</acronym> said, "Reducing plastic waste and mitigating climate change effects through cutting-edge technology and product design are a priority for us. Nestlé experts are co-developing and testing new environmentally friendly packaging materials and systems together with our development centers, suppliers, research institutions and start-ups. Located at our Nestlé Research facilities in Lausanne, Switzerland, the Institute also leverages our existing research capabilities in food safety, analytics and food science."</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-inaugurates-packaging-research-institute">press release</a></p> 527621 Thu, 12 Sep 2019 14:00:00 +0200 Nestlé Press Releases Thu, 12 Sep 2019 14:00:00 +0200 Nestlé reports half-year results for 2019 http://www.blandyland.com/media/pressreleases/allpressreleases/half-year-results-2019 <img title="Mark Schneider, Nestlé CEO" alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/events/2019/mark-schneider-feed.jpg"> <br> <p>Organic growth of 3.6%, with continued strong real internal growth (RIG) of 2.6% and pricing of 1.0%. Increased growth was led by the United States and Brazil.</p> <p>Total reported sales increased by 3.5% to <acronym title="Swiss Francs">CHF</acronym> 45.5 billion (6M-2018: <acronym title="Swiss Francs">CHF</acronym> 43.9 billion). Net acquisitions had a positive impact of 1.1% and foreign exchange reduced sales by 1.2%.</p> <p>The underlying trading operating profit (UTOP) margin reached 17.1%, up 100 basis points. The trading operating profit (TOP) margin increased by 90 basis points to 15.5%.</p> <p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>: </strong><em>"We are encouraged by our first half results and have made further progress toward our 2020 financial goals. Disciplined execution and fast innovation contributed to improved organic growth and profitability. Our growth was broad-based with our largest market, the United States, performing particularly well. Across our categories increased investment behind our brands and in innovation is clearly paying off, as reflected in our strong momentum in PetCare and the return to mid single-digit growth in coffee. Our Starbucks launch has been a great success so far and we plan on further geographic expansion and product innovation to make the most of this unique opportunity. Active portfolio management will continue to sharpen our strategic focus and position the company in attractive high-growth businesses. Our value creation model is clearly delivering the expected results and will support sustained profitable growth."</em></p> <p>Read the <a href="/media/pressreleases/allpressreleases/half-year-results-2019">press release</a>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="https://edge.media-server.com/mmc/go/Nestle-2019-Half-year-results" target="_blank" alt="Opens in a new window: webcast">investor call audio webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 518251 Fri, 26 Jul 2019 07:15:00 +0200 Nestlé Press Releases Fri, 26 Jul 2019 07:15:00 +0200 Nestlé breaks new ground with open blockchain pilot http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-open-blockchain-pilot <img alt="girl drinking milk" src="/sites/default/files/dairy-blockchain-feed.jpg"> <br> <p>Nestlé will break new ground in supply chain transparency through a collaboration with OpenSC – an innovative blockchain platform that allows consumers to track their food right back to the farm.</p> <p>Through this collaboration, Nestlé becomes the first major food and beverage company to announce that it will pilot open blockchain technology in this way. This is part of Nestlé’s journey towards full transparency.</p> <p>Founded by <acronym title="World Wildlife Fund"> WWF</acronym>-Australia and The Boston Consulting Group Digital Ventures, OpenSC has developed a platform that will give anyone, anywhere access to independently verifiable sustainability and supply chain data.</p> <p>The initial pilot program will trace milk from farms and producers in New Zealand to Nestlé factories and warehouses in the Middle East. Later, the technology will be tested using palm oil sourced in the Americas. These pilots will allow Nestlé to understand how scalable the system is. </p> <p>Magdi Batato, Executive Vice President, Head of Operations, Nestlé S.A. said, “We want our consumers to make an informed decision on their choice of products – to choose products produced responsibly. Open blockchain technology might allow us to share reliable information with consumers in an accessible way.”</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-open-blockchain-pilot">press release</a></p> 512526 Tue, 02 Jul 2019 10:00:00 +0200 Nestlé Press Releases Tue, 02 Jul 2019 10:00:00 +0200 Nestlé enters into exclusive negotiations to sell Nestlé Skin Health to a consortium led by EQT and ADIA http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-skin-health-announcement-may-2019 <p>Nestlé today announced that it has entered into exclusive negotiations with a consortium led by EQT and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for the sale of Nestlé Skin Health for a value of <acronym title="Swiss franc">CHF</acronym> 10.2 billion. Nestlé Skin Health had net sales of <acronym title="Swiss franc">CHF</acronym> 2.8 billion in 2018. The proposed transaction will be subject to employee consultations and approval of regulatory authorities and is expected to close in the second half of 2019. The company will provide an update on the use of proceeds and its future capital structure at that time.</p> <p>Read the full <a href="/media/pressreleases/AllPressReleases/nestle-skin-health-announcement-may-2019">press release</a></p> 488236 Thu, 16 May 2019 07:15:00 +0200 Nestlé Press Releases Thu, 16 May 2019 07:15:00 +0200 Nestlé appoints Leanne Geale as General Counsel http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-appoints-general-counsel <p>The Nestlé Board of Directors has appointed Leanne Geale as Executive Vice President and General Counsel and as a member of the Executive Board of Nestlé S.A., effective August 1, 2019. In her role, Leanne Geale will oversee the company’s Legal and Compliance functions.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-appoints-general-counsel">press release</a></p> 459436 Fri, 03 May 2019 07:15:00 +0200 Nestlé Press Releases Fri, 03 May 2019 07:15:00 +0200 Nestlé verifies three-quarters of its supply chain as deforestation-free http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-three-quarters-supply-chain-deforestation-free <p><img alt="Nestlé verifies three-quarters of its supply chain as deforestation-free" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-april/deforestation-free-supply-chain-feed.jpg"></p><p>Nestlé today announced that 77% of its agricultural commodities are verified as deforestation-free. This is a key milestone in the company’s efforts to achieve its zero-deforestation commitment.</p> <p>In 2010, Nestlé made a no deforestation commitment to ensure that none of its products globally would be associated with deforestation by 2020. Over the years, the company has worked with partners like Airbus and Earthworm Foundation, and its suppliers to identify areas at risk of deforestation. The company is using a combination of tools, including certification, supply chain mapping, on-the-ground verification and satellite imagery from the <a href="/media/pressreleases/allpressreleases/no-deforestation-satellite-monitoring-coverage-palm-oil-supply-chains">Starling system</a> to achieve this goal.</p> <p>Starling is the result of a fruitful collaboration between Airbus, Earthworm Foundation and Nestlé. Nestlé is now using the system to monitor its entire palm oil supply chain. Pilots in pulp and paper are also now underway and the company plans to extend it to soya later in 2019. Starling’s cutting-edge technology helps Nestlé understand better where deforestation occurs, what drives it and who is involved. The company uses this information to verify compliance, challenge its suppliers and prioritize transformative actions.</p> <p>Magdi Batato, Executive Vice President, Head of Operations, Nestlé S.A., said: "Innovation and technology like Starling is accelerating our journey towards zero deforestation. This is transforming the way we manage deforestation risks in our palm oil supply chain – we are using this tool to hold our suppliers and ourselves accountable. We are satisfied with our progress, but there is much more to do. The last miles to go are always the hardest." </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-three-quarters-supply-chain-deforestation-free">press release</a></p> 459621 Tue, 30 Apr 2019 10:00:00 +0200 Nestlé Press Releases Tue, 30 Apr 2019 10:00:00 +0200 Nestlé reports three-month sales for 2019 http://www.blandyland.com/media/pressreleases/allpressreleases/3m-sales-2019 <img alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/events/2019/mark-schneider-feed.jpg"><br><p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>: </strong> <em>"We are pleased with Nestlé’s solid organic sales growth in the first quarter, building on our full-year 2018 momentum. Our increased speed, innovation for a changing world and execution focus are clearly paying off. We confirm our outlook for the year."</em></p> <p><em>"In the quarter, we announced the launch of a new range of 24 premium coffee products under the Starbucks brand. The Nestlé and Starbucks teams did an outstanding job and developed these products in just 6 months."</em></p> <p>He added: <em>"The notion of business as a force for good resonates very strongly inside Nestlé. Starting with this report, we will highlight each quarter how Nestlé creates shared value. We will begin by showing how Nespresso delivers on its commitment to quality and sustainability."</em></p> <p>Read the full <a href="/media/pressreleases/allpressreleases/3m-sales-2019">press release</a>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="https://edge.media-server.com/m6/go/Nestle-2019-Three-month-sales" target="_blank" alt="Opens in a new window: webcast">Investor call webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 458656 Thu, 18 Apr 2019 07:15:00 +0200 Nestlé Press Releases Thu, 18 Apr 2019 07:15:00 +0200 Nestlé S.A. Annual General Meeting http://www.blandyland.com/media/pressreleases/allpressreleases/annual-general-meeting-2019 <img alt="Chairman and CEO" src="/sites/default/files/asset-library/publishingimages/media/events/2019/chairman-ceo-feed.jpg"><br><p>1830 shareholders attended the Nestlé S.A. Annual General Meeting today in Lausanne. They represented 56,7% of the capital and 79,6% of the shares entitled to vote. The annual review and the accounts were approved. The shareholders further approved the proposed dividend of <acronym title="Swiss Franc">CHF</acronym> 2.45 per share and the proposed capital reduction. </p> <p>All proposals of the Board of Directors were approved with strong majorities. </p> <p>The shareholders elected Dick Boer, former President and <acronym title="Chief Executive Officer">CEO</acronym> of Ahold Delhaize N.V., and Dinesh Paliwal, President and <acronym title="Chief Executive Officer">CEO</acronym> of Harman International Industries Inc., a subsidiary of Samsung Electronics Co., Ltd., as new members of the Board. Two directors, Jean-Pierre Roth and Ruth Oniang’o, did not stand for re-election as they have reached the age limit set out in the Board Regulations. The Board warmly thanked them for their highly appreciated services and important contributions as directors. </p> <p>The shareholders elected the Chairman and all other members of the Board of Directors individually for a term of office until the end of the next Annual General Meeting.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/annual-general-meeting-2019">press release</a></p> 458781 Thu, 11 Apr 2019 18:00:00 +0200 Nestlé Press Releases Thu, 11 Apr 2019 18:00:00 +0200 Launch of Nestlé R&D Accelerator to boost innovation and speed-to-market http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-research-and-development-accelerator-launch <img alt="students" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-april/rd-accelerator-feed2.jpg"><br><p>Nestlé today announced the creation of the Nestlé <acronym title="Research and Development">R&amp;D</acronym> Accelerator based in Lausanne, Switzerland. The accelerator brings together Nestlé scientists, students and start-ups to advance science and technology with the objective to accelerate the development of innovative products and systems. Internal, external or mixed teams are eligible to use dedicated hot desks at the accelerator over a defined period of time. They have access to Nestlé’s <acronym title="Research and Development">R&amp;D</acronym> expertise and infrastructure, including shared labs, kitchens, bench-scale and pilot-scale equipment. The first teams have been selected and the accelerator will be operational by the end of 2019. </p> <p>The accelerator is part of Nestlé’s global <acronym title="Research and Development">R&amp;D</acronym> network and located at the company’s fundamental research entity Nestlé Research, which employs around 800 people in Lausanne. It is at the heart of a unique innovation ecosystem with a high density of expertise in food and nutrition. This ecosystem includes several units of Nestlé’s <acronym title="Research and Development">R&amp;D</acronym> organization, leading academic institutions such as the Swiss Federal Institutes of Technology in Lausanne (EPFL) and Zurich (ETHZ) and the Swiss Hospitality Management School in Lausanne (EHL) as well as a wide range of innovation partners, suppliers and start-ups. </p> <p>Stefan Palzer, <acronym title="Chief Technology Officer">CTO</acronym> of Nestlé S.A. said: “We have taken a number of steps to accelerate innovation, including our enhanced prototyping capabilities and the funding of fast-track projects. With the Nestlé <acronym title="Research and Development">R&amp;D</acronym> Accelerator and its proximity to our <acronym title="Research and Development">R&amp;D</acronym> and business teams, we will bring open innovation to a new level. Combining our internal expertise and the deep knowledge of our academic and industrial partners with the external entrepreneurial creativity is a unique approach and will create an innovation power-house. It will accelerate the translation of innovative ideas and concepts into tangible prototypes and products.” </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-research-and-development-accelerator-launch">press release</a></p> <a href="/media/pressreleases/allpressreleases/nestle-research-and-development-accelerator-launch"> </a> 459566 Wed, 10 Apr 2019 09:00:00 +0200 Nestlé Press Releases Wed, 10 Apr 2019 09:00:00 +0200 Nestlé and Veolia join forces to tackle plastics leakage into the environment and develop recycling schemes http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-veolia-tackle-plastics-leakage-develop-recycling-schemes <img alt="Nestlé and Veolia join forces to tackle plastics leakage into the environment and develop recycling schemes" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-march/veolia-partnership-feed.jpg"><br><p>Nestlé and Veolia, the world’s leading resource management company, today announced their collaboration to work on waste collection, sorting and recycling of plastic material, with a particular emphasis on flexible plastic packaging. Projects will focus on eleven priority countries across Asia, Africa, Latin America and Europe.</p> <p>The partnership will also explore technologies to establish viable models of recycling in different countries. This includes chemical recycling technologies like pyrolysis, which is capable to produce virgin quality plastic. These technologies will help Nestlé to increase the recycled content of its bottled water packaging to 35% and its overall product packaging to 15% by 2025.</p> <p>Magdi Batato, Executive Vice President, Head of Operations, Nestlé, said: "Plastic waste is a challenge that requires an ecosystem of solutions all working simultaneously. This partnership is another specific step to accelerate our efforts in addressing the critical issue of plastic waste. Leveraging on Veolia’s technology and expertise, we will start with pilot projects in multiple countries, with the intention of scaling these up globally."</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-veolia-tackle-plastics-leakage-develop-recycling-schemes">press release</a>.</p> 459661 Mon, 18 Mar 2019 10:00:00 +0100 Nestlé Press Releases Mon, 18 Mar 2019 10:00:00 +0100 Nestlé accelerates efforts to increase the number of women in senior executive positions by 2022 http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-accelerates-efforts-to-increase-the-number-of-women-in-senior-executive-positions-by-2022 <img alt="Nestlé accelerates efforts to increase the number of women in senior executive positions by 2022" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-march/gender-balance-acceleration-plan-feed.jpg"><br><p>Nestlé today laid out an action plan to increase the number of women in senior executive positions globally. This underscores Nestlé’s commitment to providing equal opportunities for everyone at the company.</p> <p>Nestlé has made progress in recent years increasing the number of women in managerial positions. Today, 43% of these roles are held by women. With its Gender Balance Acceleration Plan, Nestlé will now put further emphasis on increasing the proportion of women in the group’s top 200 senior executive positions from around 20% currently to 30% by 2022. This is another step in Nestlé’s journey towards gender parity.</p> <p>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>, said: “It is simply the right thing to do. We believe that a more diverse workforce with more women at the top will reinforce our inclusive culture and make Nestlé an even better company. We are setting measurable goals to hold ourselves accountable. We know that improving gender balance will lead to better decisions, stronger innovation and higher employee satisfaction.”</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-accelerates-efforts-to-increase-the-number-of-women-in-senior-executive-positions-by-2022">press release</a></p> 459391 Wed, 06 Mar 2019 10:00:00 +0100 Nestlé Press Releases Wed, 06 Mar 2019 10:00:00 +0100 Nestlé lays out action plan to help end deforestation and restore forests in the cocoa supply chain http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-action-plan-end-deforestation-restore-forests-cocoa-supply-chain <img alt="forest" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-march/cfi-feed.jpg"><br><p>Nestlé today laid out an <a title="Opens in a new window: Nestlé Cocoa &amp; Forests Initiative Action Plan - PDF document" class="externalLink" href="/asset-library/documents/library/documents/corporate_social_responsibility/cocoa-and-forests-initiative-nestle-initial-action-plan.pdf" target="_blank">action plan (pdf, 800Kb)</a> to help end deforestation and restore forests in its cocoa supply chain in C?te d’Ivoire and Ghana. This plan is part of the company’s commitment to support the Cocoa &amp; Forests Initiative, a new public-private partnership bringing together the governments of C?te d’Ivoire and Ghana and the cocoa and chocolate industry. Nestlé today also disclosed its cocoa suppliers to increase transparency.</p> <p>Nestlé is fully committed to achieving deforestation-free commodities by 2020. The company is strengthening transparency and traceability in its supply chain and is already using a combination of tools, including certification, supply chain mapping and satellite imagery. The Nestlé Cocoa &amp; Forests Action Plan, alongside the disclosure of Nestlé’s cocoa suppliers in <a title="Opens in a new window: Supply Chain Disclosure Cocoa - Ghana - PDF document" class="externalLink" href="/asset-library/documents/library/documents/suppliers/supply-chain-disclosure-cocoa-ghana.pdf" target="_blank">Ghana (pdf, 500Kb)</a> and <a title="Opens in a new window: Supply Chain Disclosure Cocoa - C?te d'Ivoire - PDF document" class="externalLink" href="/asset-library/documents/library/documents/suppliers/supply-chain-disclosure-cocoa-cote-ivoire.pdf" target="_blank">C?te d'Ivoire (pdf, 500Kb)</a>, will accelerate the company’s journey to stop deforestation. </p> <p>Alexander von Maillot, Head of Confectionery Strategic Business Unit, Nestlé S.A., said: "Cocoa grown illegally in protected areas has no place in our supply chain. We are working to stop deforestation and the destruction of other natural habitats from our agricultural commodity supply chains, including cocoa. Addressing the issue of deforestation in cocoa is complex and is a shared responsibility. We welcome the Cocoa &amp; Forests Initiative, which brings together all the relevant stakeholders and are determined to contribute to a sustainable cocoa sector where the protection of the environment is aligned with the social and economic development of cocoa farmers and producing countries."</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-action-plan-end-deforestation-restore-forests-cocoa-supply-chain">press release</a></p> 459421 Tue, 05 Mar 2019 14:00:00 +0100 Nestlé Press Releases Tue, 05 Mar 2019 14:00:00 +0100 NextGen Cup Challenge: Nestlé joins initiative to build a fully recyclable, compostable to-go cup http://www.blandyland.com/media/pressreleases/allpressreleases/nextgen-cup-challenge-nestle-joins-initiative-recyclable-compostable-cup <img alt="NextGen Cups" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-february/next-gen-feed.jpg"><br><p>Nestlé announced today that it is joining forces with other industry partners to build a fully recyclable, compostable fiber cup as part of the NextGen Consortium and Cup Challenge.</p> <p>This announcement follows a <a href="/media/pressreleases/allpressreleases/nestle-action-tackle-plastic-waste">series of initiatives and concrete steps</a> taken by Nestlé to accelerate action to tackle plastic waste, in line with its commitment to make 100% of its packaging recyclable or reusable by 2025.</p> <p>The NextGen Consortium is a multi-year, multi-industry global consortium that aims to advance the design, commercialization and recovery of food packaging alternatives. <a title="Opens in a new window: NextGen Consortium website" class="externalLink" href="https://www.nextgenconsortium.com/" target="_blank">The NextGen Cup Challenge</a> is the first initiative of the Consortium. It calls on innovators, start-ups, suppliers and industry experts to join a global challenge to develop the next generation of recyclable, compostable, hot and cold, to-go, fiber?cups.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nextgen-cup-challenge-nestle-joins-initiative-recyclable-compostable-cup">press release</a>.</p> 459831 Fri, 22 Feb 2019 10:00:00 +0100 Nestlé Press Releases Fri, 22 Feb 2019 10:00:00 +0100 Nestlé proposes Dick Boer and Dinesh Paliwal as new independent members of the Board of Directors http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-proposes-dick-boer-and-dinesh-paliwal-board-of-directors <p>Nestlé today announced that it proposes Dick Boer, former President and <acronym title="Chief Executive Officer">CEO</acronym> of Ahold Delhaize N.V., and Dinesh Paliwal, President and <acronym title="Chief Executive Officer">CEO</acronym> of Harman International Industries Inc., a subsidiary of Samsung Electronics Co., Ltd., for election to its Board of Directors. The elections will take place at the Annual General Meeting on April 11, 2019. </p> <p>Two current directors, Jean-Pierre Roth, and Ruth Oniang’o will retire from the Board, as they have reached the age limit set out in the Board Regulations. The Board also proposes the individual re-election of the Chairman and the other current members of the Board. </p> <p>"Our Board continues to provide important perspective on the fast-changing environment that is relevant to our business, and we are pleased to propose two new directors who will contribute highly relevant expertise and strengthen even further our current mix of perspectives," said Nestlé’s Chairman Paul Bulcke. "Dick Boer adds extensive food retail industry experience, and he will enhance the Board’s existing FMCG expertise. Dinesh Paliwal has in-depth knowledge in important emerging technology areas, including artificial intelligence, digital business models and cloud computing, with a broad global view. Both bring very relevant, cutting-edge expertise that will support Nestlé through our next phase of value creation and business development." </p> <p>With the proposed nominees, the Nestlé Board will comprise 14 members, of which 12 are independent directors. Including the proposed nominees, Nestlé has added nine new independent directors over the last four years.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-proposes-dick-boer-and-dinesh-paliwal-board-of-directors">press release</a>.</p> 459551 Thu, 14 Feb 2019 07:20:00 +0100 Nestlé Press Releases Thu, 14 Feb 2019 07:20:00 +0100 Nestlé reports full-year results for 2018 http://www.blandyland.com/media/pressreleases/allpressreleases/full-year-results-2018 <img alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2017-february/mark-schneider-feed.jpg"><br><p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>, said:</strong><em> "We are pleased with our progress in 2018. All financial performance metrics improved significantly and we saw revived growth in our two largest markets, the United States and China, as well as in our infant nutrition business. Nestlé keeps investing in future growth and – at the same time – has increased the amount of cash returned to shareholders through our dividend and share buyback program. </em></p> <em> <p>We made significant progress with our portfolio transformation and sharpened our Group’s strategic focus, strengthening key growth categories and geographies in the process. Our unique Nutrition, Health &amp; Wellness strategy, with food, beverage and nutritional health products at its core, has become much clearer as we completed a sizeable number of transactions and announced strategic reviews for Nestlé Skin Health and Herta.</p> <p>In 2018, we upgraded our innovation engine notably to ensure continued technology leadership and a shorter time to market. In the fast-changing food and beverage space Nestlé has what it takes to truly excite consumers with meaningful innovation and must-have products.</p> <p>We reaffirmed our sustainability leadership at a time when consumers and regulators around the world are increasingly looking for solutions to today’s environmental and societal problems. Our decisive action and strong commitments to tackle the global packaging waste problem are a case in point.</p> </em> <p><em>We are on our way to meeting our 2020 targets and positioning Nestlé for sustained and sustainable growth in the years beyond."</em></p> <p>Read the full <a href="/media/pressreleases/allpressreleases/full-year-results-2018">press release</a>.</p> <p>Watch the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle2018-FullYearResults/lan/en" target="_blank" alt="Opens in a new window: webcast">press conference webcast</a> live at 09:00 <acronym title="Central European Time">CET</acronym>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle2018-FullYearResultsInvestorCall/" target="_blank" alt="Opens in a new window: webcast">investor audio webcast</a> live at 14:00 <acronym title="Central European Time">CET</acronym>.</p> 459091 Thu, 14 Feb 2019 07:15:00 +0100 Nestlé Press Releases Thu, 14 Feb 2019 07:15:00 +0100 Nestlé announces the global launch of a new range of Starbucks products to enjoy at home http://www.blandyland.com/media/pressreleases/allpressreleases/global-launch-new-starbucks-products <p><img alt="new range of Starbucks products" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-february/starbucks-feed.jpg">?</p> <p>Nestlé today announced the launch of a new range of coffee products under the Starbucks brand to be available globally. The new range consists of 24 products, including whole bean and roast and ground, as well as the first-ever Starbucks capsules developed using <em>Nespresso</em> and <em>Nescafé Dolce Gusto</em> proprietary coffee and system technologies. </p> <p>This is the first product launch since the two companies formally joined forces in August last year and created a global coffee alliance. </p> <p>"Our two teams have done an outstanding job in just six months developing a range of new and exciting premium coffees, crafted with care and passion, combining Nestlé’s coffee and system know-how with the Starbucks coffee, roasting and blending expertise," said Patrice Bula, Executive Vice President, Head of Strategic Business Units, Marketing, Sales and President of Nespresso. "With <em>Nescafé, Nespresso</em> and Starbucks, Nestlé now has the best coffee portfolio to delight consumers around the world," he added. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/global-launch-new-starbucks-products">press release</a></p> 459146 Wed, 13 Feb 2019 16:30:00 +0100 Nestlé Press Releases Wed, 13 Feb 2019 16:30:00 +0100 Nestlé speeds up efforts towards full supply chain transparency http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-full-supply-chain-transparency <img title="vanilla" alt="vanilla" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-january/supply-chain-disclosure-feed.jpg"><br><p>Nestlé today announced that it would disclose the list of suppliers alongside a variety of data of its 15 priority commodities, the first disclosure of its kind in the industry. This will accelerate the company's journey to reach full supply chain transparency. These commodities cover 95 percent of the company’s annual sourcing of raw materials. </p> <p>"Consumers want to know what is in their food and where it comes from. Therefore, transparency in our supply chains is essential, and we will continue to lead in this area. Following the public disclosure of our palm oil and pulp and paper supply chains last year, we are now pleased to release supply chain information for soya, meat (beef, pork, veal, lamb/mutton) , hazelnuts and vanilla," said Magdi Batato, Executive Vice President, Head of Operations, Nestlé.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-full-supply-chain-transparency">press release</a></p> 459486 Fri, 01 Feb 2019 16:00:00 +0100 Nestlé Press Releases Fri, 01 Feb 2019 16:00:00 +0100 Launch of the Global Alliance for YOUth at the World Economic Forum in Davos to impact 6 million young people by 2022 http://www.blandyland.com/media/pressreleases/allpressreleases/launch-global-alliance-for-youth-world-economic-forum-davos <img src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-january/launch-global-alliance-for-youth-wef.jpg" alt=""><br><p>The Global Alliance for YOUth has announced today its ambition to impact 6 million young people, helping them build employability skills. </p> <p>The Global Alliance for YOUth is a business-driven movement of like-minded organizations passionate about working together to help young people around the globe get the necessary skills to thrive in the world of work, today and tomorrow. </p> <p>According to The World Economic Forum, over 60% of children entering primary school today will have jobs that do not exist yet. At the same time, the World Bank estimates that 60% of the world’s population remains excluded from the ever-expanding digital economy. Four billion people around the globe still lack access to the internet.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/launch-global-alliance-for-youth-world-economic-forum-davos">press release</a></p> 459306 Thu, 24 Jan 2019 17:00:00 +0100 Nestlé Press Releases Thu, 24 Jan 2019 17:00:00 +0100 Nestlé accelerates action to tackle plastic waste http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-action-tackle-plastic-waste <img alt="clean beach" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2019-january/pr-plastics-feed.jpg"><br><p>Nestlé today laid out its broader vision to achieve a waste-free future and announced a series of specific actions towards meeting its April 2018 <a href="/media/pressreleases/allpressreleases/nestle-recyclable-reusable-packaging-by-2025">commitment</a> to make 100% of its packaging recyclable or reusable by 2025, with a particular focus on avoiding plastic-waste.</p> <p>Nestlé <acronym title="Chief Executive Officer">CEO</acronym> Mark Schneider said, "Our broader vision and action plan outline our commitment and specific approach to addressing the plastics packaging waste issue. </p> <p>While we are committed to pursuing recycling options where feasible, we know that 100% recyclability is not enough to successfully tackle the plastics waste crisis. We need to push the boundaries and do more. We are determined to look at every option to solve this complex challenge and embrace multiple solutions that can have an impact now. We believe in the value of recyclable and compostable paper-based materials and biodegradable polymers, in particular where recycling infrastructure does not exist. </p> <p>Collective action is vital, which is why we are also engaging consumers, business partners and all of our Nestlé colleagues to play their part. </p> <p>You can count on us to be a leader in this space!"</p> <p>Addressing the multifaceted issue of plastic pollution requires a holistic view and a well-orchestrated effort. To realize this objective, specific actions are required. In line with this approach, Nestlé today announced tangible steps to pioneer alternative materials, shape a waste-free future and drive behavior change.</p> <p> Read the full <a href="/media/pressreleases/allpressreleases/nestle-action-tackle-plastic-waste">press release</a></p> 459426 Tue, 15 Jan 2019 15:00:00 +0100 Nestlé Press Releases Tue, 15 Jan 2019 15:00:00 +0100 Nestlé launches Workplace by Facebook http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-launches-workplace-facebook <p>Nestlé has adopted Workplace by Facebook as its global internal communication tool, to connect its workforce and better serve consumers. </p> <p>The announcement comes as the latest and largest wave of staff at Nestlé join the platform, part of a process that began only nine months ago. Today, around 210,000 of its employees worldwide use the platform to connect and collaborate. </p> <p>Read the <a href="/media/pressreleases/allpressreleases/nestle-launches-workplace-facebook">full press release</a></p> 459526 Thu, 03 Jan 2019 15:00:00 +0100 Nestlé Press Releases Thu, 03 Jan 2019 15:00:00 +0100 Nestlé creates research institute for packaging to accelerate sustainability agenda http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-institute-of-packaging-sciences <img alt="Nestlé creates research institute for packaging to accelerate sustainability agenda" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-december/nrc-aerial-view-feed.jpg"><br><p>Nestlé today announced the creation of the Nestlé Institute of Packaging Sciences, dedicated to the discovery and development of functional, safe and environmentally friendly packaging solutions. This is a step further to achieve the Company’s commitment to make 100% of its packaging recyclable or reusable by 2025.</p> <p>Nestlé <acronym title="Chief Executive Officer">CEO</acronym> Mark Schneider said, "We want to be a leader in developing the most sustainable packaging solutions for our food and beverage products. To achieve this, we are enhancing our research capabilities to develop new packaging materials and solutions. Through this, we hope to address the growing packaging waste problem, in particular plastics. We aim to minimize our impact on the natural environment while safely delivering to our consumers healthier and tastier products."</p> <p>The Nestlé Institute of Packaging Sciences, which is part of Nestlé’s global research organization, will be located in Lausanne, Switzerland. It will employ around 50 people and include a state-of-the-art laboratory complex as well as facilities for rapid prototyping. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-institute-of-packaging-sciences">press release</a></p> 459506 Thu, 06 Dec 2018 09:30:00 +0100 Nestlé Press Releases Thu, 06 Dec 2018 09:30:00 +0100 Nestlé and Sime Darby Plantation launch worker helpline to tackle human and labor rights issues in palm oil supply chain http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-sime-darby-plantation-worker-helpline-human-labor-rights-palm-oil-supply-chain <img alt="responsibly sourced palm oil" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-november/palm-oil-farmers-feed.jpg"><br><p>Nestlé today announced a collaboration with Sime Darby Plantation (SDP) to pilot a project that will help eliminate human and labor rights abuses in their shared palm oil supply chain in Malaysia. A highly enhanced helpline co-developed by the solution developer ELEVATE and Responsible Business Alliance, will allow workers to report on working conditions, recruitment, safety and other labor issues.</p> <p>The robust helpline is the first of its kind in the palm oil sector and it builds on previous work in the manufacturing sector in Malaysia. It also utilizes ELEVATE’s cutting edge Laborlink mobile worker survey platform, which aims to assess actual and potential human rights risk, deliver mitigation plans, and track effectiveness of actions taken.</p> <p>Technology-enabled communication channels will allow workers to voice their concerns through channels that are most appropriate for them. These channels include <acronym title="Short Message Service">SMS</acronym>, Facebook Messenger or a toll-free number accessible seven days a week during peak call times, with after-hours messaging options. Workers’ issues will then be handled via clear protocols with consistent attention to follow-up and resolution of issues. The objective is to significantly reduce the risk of human and labor rights abuses by giving workers an opportunity to report issues directly to trained helpline officers.</p> <p>Magdi Batato, Nestlé Executive Vice President, Head of Operations, said: "This initiative marks another milestone in the implementation of the <a title="Opens in a new window: Nestlé action plan on labor rights in palm oil - pdf document" class="externalLink" href="/asset-library/documents/creating-shared-value/responsible-sourcing/palm-oil-action-plan-2018.pdf" target="_blank">Nestlé action plan on labor rights in palm oil (pdf, 400Kb)</a>. We are very clear that human and labor rights abuses have no place in Nestlé’s supply chain. This is why we are committed to tackling this issue and helping drive positive change in the palm oil sector."</p> <p>"We are working alongside other stakeholders including suppliers and we believe these ongoing efforts will help improve the lives of those affected by unacceptable practices," he added.</p> <p>Read the <a href="/media/pressreleases/allpressreleases/nestle-sime-darby-plantation-worker-helpline-human-labor-rights-palm-oil-supply-chain">full press release</a></p> 459581 Wed, 07 Nov 2018 08:00:00 +0100 Nestlé Press Releases Wed, 07 Nov 2018 08:00:00 +0100 Nestlé steps up efforts in addressing plastics waste and pollution http://www.blandyland.com/media/pressreleases/allpressreleases/addressing-plastics-waste-pollution <img alt="ocean" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-october/our-ocean-conference-feed.jpg"><br><p>Nestlé today joined forces with other businesses and governments in signing The New Plastics Economy Global Commitment ('Global Commitment') at the <em>Our Ocean Conference</em> in Bali, Indonesia.</p> <p>The Global Commitment is an initiative of The Ellen MacArthur Foundation and <acronym title="United Nations">UN</acronym> Environment. It aims to rethink the future of plastics by applying the principles of circular economy, in which plastics never become waste. The Global Commitment represents a powerful framework to work collectively on solutions that address the root causes of plastics waste and pollution.</p> <p>Nestlé <acronym title="Chief Executive Officer">CEO</acronym> Mark Schneider said, "This Global Commitment is a step-change we urgently need in order to move from a linear to a circular economy. We want to act and lead by example. We will do our part to ensure that none of our packaging, including plastics, ends up in the natural environment."</p> <p>Read the <a href="/media/pressreleases/allpressreleases/addressing-plastics-waste-pollution">full press release</a></p> 458716 Mon, 29 Oct 2018 08:00:00 +0100 Nestlé Press Releases Mon, 29 Oct 2018 08:00:00 +0100 Changes in the Executive Board of Nestlé S.A. http://www.blandyland.com/media/pressreleases/allpressreleases/executive-board-changes-october-2018 <p><strong>Wan Ling Martello</strong>, <acronym title="Chief Executive Officer">CEO</acronym> of Zone Asia, Oceania and Sub-Saharan Africa (AOA) and a member of the Nestlé Group Executive Board, has decided to leave Nestlé after seven successful years at the company on December 31, 2018 to explore new horizons.</p> <p>The Board of Directors has appointed <strong>Chris Johnson</strong>, currently Head of Group Human Resources &amp; Business Services and member of the Group Executive Board to succeed Wan Ling Martello as <acronym title="Chief Executive Officer">CEO</acronym> of Zone <acronym title="Asia, Oceania and sub-Saharan Africa">AOA</acronym>, effective January 1, 2019. </p> <p>The Board of Directors has appointed <strong>Béatrice Guillaume-Grabisch</strong>, currently <acronym title="Chief Executive Officer">CEO</acronym> of Nestlé Germany AG, to succeed Chris Johnson as Head of Group Human Resources &amp; Business Services effective January 1, 2019. In her new function, she will join the Nestlé Group Executive Board.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/executive-board-changes-october-2018">press release</a></p> 458961 Thu, 18 Oct 2018 07:20:00 +0200 Nestlé Press Releases Thu, 18 Oct 2018 07:20:00 +0200 Nestlé reports nine-month sales for 2018 http://www.blandyland.com/media/pressreleases/allpressreleases/nine-month-sales-2018 <img alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/events/2018/mark-schneider-feed.jpg"><br><p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>:</strong><em> "We are encouraged by the progress on our path of accelerated value creation. The nine-month sales show solid growth across most geographies and product categories. We are starting to see improved momentum in North America and in our infant nutrition category globally. Our business in China continued to grow at a mid single-digit pace. Our growth was supported by disciplined execution and faster innovation. We have reached significant milestones in portfolio management and are particularly pleased with the early closing of the Starbucks transaction. We have also made good progress on our various cost reduction programs. Our growth and efficiency initiatives put us on track to meet our full-year 2018 guidance and 2020 targets."</em></p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nine-month-sales-2018">press release</a></p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle-2018-Nine-month-sales" target="_blank" alt="Opens in a new window: webcast">Investor call webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 459861 Thu, 18 Oct 2018 07:15:00 +0200 Nestlé Press Releases Thu, 18 Oct 2018 07:15:00 +0200 Nestlé to sharpen its Nutrition, Health and Wellness strategic focus, will explore strategic options for Nestlé Skin Health http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-explores-strategic-options-nestle-skin-health <p>As part of its regular strategy review earlier this year, the Board of Directors assessed Nestlé’s Nutrition, Health and Wellness strategy. The Board fully confirmed the company’s strategic direction and resolved to sharpen its focus on food, beverage and nutritional health products. By enhancing the Group’s focus, the Board expects to deepen resource commitment to its key growth initiatives and facilitate the implementation of its accelerated long-term value creation strategy. </p> <p>After further analysis and consideration, the Board has come to the conclusion that the future growth opportunities of Nestlé Skin Health lie increasingly outside the Group’s strategic scope. The Board has therefore decided to explore strategic options for Nestlé Skin Health. This review is expected to be completed by mid-2019.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-explores-strategic-options-nestle-skin-health">press release</a>.</p> 459471 Thu, 20 Sep 2018 07:15:00 +0200 Nestlé Press Releases Thu, 20 Sep 2018 07:15:00 +0200 Nestlé agrees to sell Gerber Life Insurance Co. to Western & Southern Financial Group http://www.blandyland.com/media/pressreleases/allpressreleases/gerber-life-insurance <p>Nestlé today announced that it agreed to sell the Gerber Life Insurance Company (“Gerber Life”), to Western &amp; Southern Financial Group for <acronym title="United States Dollar">USD</acronym> 1.55 billion in cash. Gerber Life is a highly recognized and trusted leader in the juvenile and family life insurance market, with statutory capital and surplus of approximately <acronym title="United States Dollar">USD</acronym> 285 million (as of June 30, 2018). The business had sales of <acronym title="United States Dollar">USD</acronym> 856 million in 2017.</p> <p>The deal allows Western &amp; Southern Financial Group to market insurance products under the Gerber Life brand. The transaction does not include Nestlé’s Gerber Products business, a household brand in baby food and baby care, which Nestlé will continue to develop. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/gerber-life-insurance">press release</a></p> 459136 Mon, 17 Sep 2018 22:30:00 +0200 Nestlé Press Releases Mon, 17 Sep 2018 22:30:00 +0200 Nestlé accelerates No Deforestation commitment by implementing 100% satellite monitoring coverage of its global palm oil supply chains http://www.blandyland.com/media/pressreleases/allpressreleases/no-deforestation-satellite-monitoring-coverage-palm-oil-supply-chains <img alt="Nestlé accelerates No Deforestation commitment" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-september/no-deforestation-feed.jpg"><br><p>Nestlé today announced its accelerated plan towards reaching the company’s 2020 <a title="Opens in a new window: Nestlé Commitment on Deforestation and Forest Stewardship - pdf document" class="externalLink" href="/asset-library/documents/library/documents/corporate_social_responsibility/commitment-on-deforestation-2013.pdf" target="_blank" alt="Opens in a new window:Nestlé Commitment on Deforestation and Forest Stewardship - pdf document">No Deforestation commitment (pdf, 200Kb)</a> by becoming the first global food company to implement <a title="Opens in a new window: Starling website" class="externalLink" href="http://www.starling-verification.com/" target="_blank">Starling</a>, a satellite-based service, to monitor 100% of its <a href="/csv/raw-materials/palm-oil"> global palm oil supply chains</a>. Starling was developed by Airbus and The Forest Trust (TFT) as a global verification system evidencing that no deforestation is taking place throughout the supply chain.</p> <p>Deforestation is a serious and complex issue and addressing it requires the entire industry working together towards greater transparency, inclusiveness, direct supply chain engagement and capacity building throughout the supply chain.</p> <p>"Nestlé has always been committed to source the raw materials we need to make our products in a responsible manner. In 2010, we made a No Deforestation commitment stating that all our products globally will not be associated with deforestation by 2020," said Magdi Batato, Executive Vice President, Head of Operations, Nestlé S.A.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/no-deforestation-satellite-monitoring-coverage-palm-oil-supply-chains">press release</a></p> 459871 Fri, 14 Sep 2018 10:00:00 +0200 Nestlé Press Releases Fri, 14 Sep 2018 10:00:00 +0200 Nestlé and Starbucks close deal for the perpetual global license of Starbucks Consumer Packaged Goods and Foodservice products http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-starbucks-close-deal-consumer-packaged-goods-foodservice-products <img alt="Nestlé announcement" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-may/press-release-may-2018-feed.jpg"><br><p>Nestlé and Starbucks Corporation today announced the closing of the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops. </p> <p>Through the alliance, the two companies will work closely together on the existing Starbucks range of roast and ground coffee, whole beans as well as instant and portioned coffee. The alliance will also capitalize on the experience and capabilities of both companies to work on innovation with the goal of enhancing its product offerings for coffee lovers globally.</p> <p>"This partnership demonstrates our growth agenda in action, giving Nestlé an unparalleled position in the coffee business with a full suite of innovative brands. With Starbucks, <em>Nescafé</em> and <em>Nespresso</em> we bring together the world’s most iconic coffee brands," said Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-starbucks-close-deal-consumer-packaged-goods-foodservice-products">press release</a></p> 459596 Tue, 28 Aug 2018 07:05:00 +0200 Nestlé Press Releases Tue, 28 Aug 2018 07:05:00 +0200 Nestlé reports half-year results for 2018 http://www.blandyland.com/media/pressreleases/allpressreleases/half-year-results-2018 <img title="Mark Schneider, Nestlé CEO" alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-july/mark-schneider-feed.jpg"><br><p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym> said:</strong><em>"Our first half results confirmed that our strategic initiatives and rigorous execution are clearly paying off. Nestlé has maintained the encouraging organic revenue growth momentum we saw at the beginning of the year. In particular, the United States and China markets showed a meaningful improvement. We were also pleased by the enhanced organic growth in our core infant nutrition category. </em></p> <em> <p>Our margin development is fully consistent with our 2020 target. We are creating value by pursuing growth and profitability in a balanced manner. In line with this approach, we have accelerated our product innovation efforts to drive future growth and initiated significant cost reduction efforts, in particular in Zone <acronym title="Europe, Middle East and North Africa">EMENA</acronym> and at our Corporate Center. </p> </em> <p><em>As we look towards the second half of 2018, we expect further improvement in our organic revenue growth. Margin improvement is expected to accelerate with further benefits from our efficiency programs and more favorable commodity pricing."</em></p> <p>Read the <a href="/media/pressreleases/allpressreleases/half-year-results-2018">press release</a>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle-2018-Half-year-results" target="_blank" alt="Opens in a new window: webcast">investor call audio webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 459211 Thu, 26 Jul 2018 07:15:00 +0200 Nestlé Press Releases Thu, 26 Jul 2018 07:15:00 +0200 RSPO reinstates Nestlé’s membership http://www.blandyland.com/media/pressreleases/allpressreleases/rspo-reinstates-nestle-membership <img alt="palm oil" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-july/palm-oil-hand-feed.jpg"><br><p>The Roundtable on Sustainable Palm Oil (RSPO) today reinstated Nestlé S.A.’s membership following the submission of its time-bound action plan to achieve 100% <acronym title="Roundtable on Sustainable Palm Oil">RSPO</acronym> certified sustainable palm oil by 2023.</p> <p>Effective Monday, July 16, 2018, Nestlé's certificates and membership status will be reinstated.</p> <p><acronym title="Roundtable on Sustainable Palm Oil">RSPO</acronym> and Nestlé share the vision of transforming the palm oil industry for a sustainable future. They also believe that achieving this requires the entire industry to work towards greater transparency, inclusiveness, direct supply chain engagement and capacity building throughout the supply chain.</p> <p>Benjamin Ware, Nestlé’s Global Head of Responsible Sourcing, said, "Transparency in our supply chain has always been a priority. Nestlé has always been committed to implementing responsible sourcing and has made significant progress towards our commitment to using fully responsibly sourced palm oil. Nestlé supports <acronym title="Roundtable on Sustainable Palm Oil">RSPO</acronym>'s role in driving industry wide change and appreciates its decision following the submission of our action plan, which focuses on increasing traceability primarily through segregated <acronym title="Roundtable on Sustainable Palm Oil">RSPO</acronym> palm oil. This builds on Nestlé’s ongoing activities to achieve a traceable and responsibly sourced palm oil supply chain."</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/rspo-reinstates-nestle-membership">press release</a></p> 460071 Mon, 16 Jul 2018 11:00:00 +0200 Nestlé Press Releases Mon, 16 Jul 2018 11:00:00 +0200 Nestlé Outlines Value Creation Progress http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-value-creation-update-july-2018 <p>Nestlé’s Board of Directors and management team are implementing an accelerated long-term value creation strategy for one of the world’s leading global consumer goods companies. Through swift and decisive action, the company’s Board and management are delivering results.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-value-creation-update-july-2018">press release</a></p> 459656 Mon, 02 Jul 2018 14:00:00 +0200 Nestlé Press Releases Mon, 02 Jul 2018 14:00:00 +0200 Changes in the Executive Board of Nestlé http://www.blandyland.com/media/pressreleases/allpressreleases/executive-board-changes-june-2018 <p><strong>Peter Vogt</strong>, Head of Group Human Resources and Member of the Group Executive Board, will take a well-deserved retirement at the end of July 2018 after a long and distinguished career of 38 years at Nestlé.</p> <p>The Board of Directors of Nestlé S.A. has appointed <strong>Chris Johnson</strong>, currently Head of Nestlé Business Excellence and Member of the Group Executive Board, to succeed Peter Vogt as Head of Group Human Resources. Effective August 1, 2018, Chris Johnson will assume his new responsibilities in addition to his current ones, as Head of Group Human Resources &amp; Business Services.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/executive-board-changes-june-2018">press release</a></p> 458956 Thu, 14 Jun 2018 17:45:00 +0200 Nestlé Press Releases Thu, 14 Jun 2018 17:45:00 +0200 Nestlé Announces Re-Organization of its Global Information Technology Activities http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-reorganization-global-information-technology-activities <p>Following a thorough review of its global information technology (IT) setup, Nestlé today announces plans to re-organize parts of its <acronym title="information technology">IT</acronym> activities to benefit from its existing technology hub in Spain and other Nestlé locations. With this change, Nestlé intends to accelerate its digital transformation and to respond more quickly to fast-paced technological changes. The company aims to access wider digital skills and to benefit from <acronym title="information technology">IT</acronym> innovation. These measures would also enhance Nestlé’s operational effectiveness. Over the next 18 months, this re-organization could lead to a reduction of up to 500 <acronym title="information technology">IT</acronym> positions in Switzerland. </p> <p>In line with these changes, Nespresso is planning to establish dedicated operational centers in Spain and Portugal to benefit from existing Nestlé hubs in the areas of e-commerce and supply chain, and also intends to create a center of excellence for boutique operations in Italy. It is Nespresso’s intention to offer roles in these centers to all of the 80 employees impacted by the proposed change. </p> <p>The plans will now be subject to a period of consultation with the concerned employees, who will be invited to share their comments and feedback. Nestlé will also work with its employees to draw up detailed social plans to mitigate the impact of the re-organization for the people concerned. Assistance may include job offers from within the Nestlé Group, early retirement or outplacement support. </p> <p>These plans do not affect any of the company’s production sites in Switzerland. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-reorganization-global-information-technology-activities">press release</a></p> 459561 Tue, 29 May 2018 09:40:00 +0200 Nestlé Press Releases Tue, 29 May 2018 09:40:00 +0200 Nestlé strengthens its research capabilities in Switzerland http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-strengthens-research-capabilities-switzerland <img alt="scientist at work" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-may/scientist-working-feed.jpg"><br><p>Nestlé has today announced changes that further strengthen its research and development operations, the largest of any food company worldwide. </p> <p>Nestlé will bring together its two scientific discovery units, the Nestlé Research Center and the Nestlé Institute of Health Sciences, to build one impactful organization, Nestlé Research. The combination of two world-renowned research facilities with highly complementary capabilities will take Nestlé’s important research work to a new level. </p> <p>Nestlé continuously develops new products and services that offer tastier and healthier choices to consumers. This includes reducing sugar, salt and saturated fat content and increasing positive nutrients to improve the nutritional profile of its products. The company also addresses wider issues through science and technology, such as non-communicable diseases, micronutrient deficiencies and sustainability. Nestlé’s researchers collaborate with world-leading scientists at local and international academic institutions, enabling them to make impactful scientific discoveries and to advance the quality of Nestlé’s products.</p> <p>"Nestlé’s success is built on meeting fast-changing consumer demand around the world. In this dynamic environment innovation leadership is key to winning in the marketplace," said Nestlé <acronym title="Chief Executive Officer">CEO</acronym> Mark Schneider. "Strengthening our discovery research capabilities will give us an edge when it comes to developing the technologies for the next generation of must-have products." </p> <p>Nestlé Research will be based in Lausanne, Switzerland and will employ approximately 800 people. It will consist of three major research institutes: Health Sciences, Material Sciences and Food Safety &amp; Analytical Sciences. The new organization will combine fundamental science at the highest level, high-end analytical platforms leveraged by all research teams, and strong prototyping capabilities to accelerate the translation of science into innovation.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-strengthens-research-capabilities-switzerland">press release</a> </p> <p>?</p> 459616 Thu, 24 May 2018 10:00:00 +0200 Nestlé Press Releases Thu, 24 May 2018 10:00:00 +0200 Nestlé tops 2018 Access to Nutrition Index http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-tops-2018-access-to-nutrition-index <img alt="Nestlé tops 2018 Access to Nutrition Index" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-may/atni-feed.jpg"><br><p>Nestlé is ranked first in the 2018 Access to Nutrition Index (ATNI) released today for its overall performance in its nutrition-related commitments. This confirms Nestlé’s leadership in nutrition, health and wellness as well as our contribution to tackling the global challenges of obesity and undernutrition.</p> <p>Nestlé also ranks second for its marketing of breast milk substitutes. This reflects Nestlé’s commitment to policies, practices and compliance with the World Health Organization’s International Code of Marketing of Breast Milk Substitutes.</p> <p><acronym title="Access to Nutrition Index">ATNI</acronym> said that?Nestlé’s “overall nutrition governance and management systems are comprehensive, well-structured, transparent and applied globally with a clear accountability structure”. </p> <p>The index highlights Nestlé’s global Board-approved nutrition strategy, including a comprehensive set of nutrition-related targets that are directly linked to the Sustainable Development Goals.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-tops-2018-access-to-nutrition-index">press release</a></p> 459646 Wed, 23 May 2018 02:05:00 +0200 Nestlé Press Releases Wed, 23 May 2018 02:05:00 +0200 Nestlé launches global initiative to help children lead healthier lives http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-for-healthier-kids <p><pre id="RadEditorEncodedTag"></pre>&nbsp;</p> <p>On the United Nations International Day of Families, Nestlé announced its global<em> 'Nestlé for Healthier Kids' </em>initiative. The program includes the further development of healthier products and advice for families on nutrition and exercise. It aims at helping 50 million children lead healthier lives by 2030.</p> <p>Since its foundation, Nestlé has been committed to helping parents and caregivers provide the right nutrition to their children. With this new initiative Nestlé is accelerating the transformation of its food and beverage portfolio worldwide. In 2017 alone, the company launched more than 1000 new products to meet the nutritional needs of children. In the same year, it provided 174 billion servings of fortified foods and beverages in 66 countries where people lack essential micronutrients such as iron, iodine and vitamin A.</p> <p>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>, said: "Childhood is a time where life-long habits are formed. We want to help parents make healthier choices for their children. This is why we are accelerating our efforts to support families in raising healthier kids and we call on others to join us in this endeavor." </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-for-healthier-kids">press release</a></p> 459481 Tue, 15 May 2018 14:00:00 +0200 Nestlé Press Releases Tue, 15 May 2018 14:00:00 +0200 Nestlé enters agreement for the perpetual global license of Starbucks consumer and foodservice products http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-press-release-may-2018 <img alt="Nestlé announcement" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-may/press-release-may-2018-feed.jpg"><br><p>Nestlé today announced an agreement granting the company perpetual rights to market Starbucks consumer and foodservice products globally, outside of the company’s coffee shops. This transaction provides Nestlé with a strong platform for continued growth in North America with leadership positions in the premium roast and ground and portioned coffee businesses. It also allows Nestlé to capture exciting new growth opportunities in the rest of the world with Starbucks premium products. As a complete provider of coffee solutions, Nestlé will accelerate growth in out-of-home channels. The two companies will work closely together on innovation and go-to-market strategies to bring the best coffee to customers around the world. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-press-release-may-2018">press release</a></p> <p>Follow the <a title="Opens in a new window: Investor call audio webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle-2018-InfoCall" target="_blank">investor call audio webcast</a> live at 19:30 <acronym title="Central European Summer Time">CEST</acronym>.</p> 459546 Mon, 07 May 2018 07:00:00 +0200 Nestlé Press Releases Mon, 07 May 2018 07:00:00 +0200 Nestlé reports three-month sales for 2018 http://www.blandyland.com/media/pressreleases/allpressreleases/3m-sales-2018 <img alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/events/2018/mark-schneider-feed.jpg"><br><p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym></strong>: "We are pleased to report a solid start to the year, with all regions contributing to our growth. Our volume growth improved noticeably while pricing remained soft. We are encouraged by our innovation pipeline, continued progress with the implementation of our portfolio management strategy and our efficiency initiatives. Combined with the organic sales development, they put us on track for our 2018 guidance and our 2020 mid-term targets."</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/3m-sales-2018">press release</a>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle-2018-Three-month-sales" target="_blank" alt="Opens in a new window: webcast">Investor call webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 458651 Thu, 19 Apr 2018 07:15:00 +0200 Nestlé Press Releases Thu, 19 Apr 2018 07:15:00 +0200 Nestlé Annual General Meeting http://www.blandyland.com/media/pressreleases/allpressreleases/annual-general-meeting-2018 <img alt="Annual General Meeting" src="/sites/default/files/asset-library/publishingimages/media/events/2018/agm2018-feed.jpg"><br><p>1988 shareholders attended the Nestlé S.A. Annual General Meeting today in Lausanne. They represented 54.6 percent of the capital and 78.2 percent of the shares entitled to vote. The annual review and the accounts were approved. The shareholders further approved the proposed dividend of <acronym title="Swiss Franc">CHF</acronym> 2.35 per share and the proposed capital reduction.</p> <p>All proposals of the Board of Directors were approved with strong majorities.</p> <p>The shareholders elected Pablo Isla, <acronym title="Chief Executive Officer">CEO</acronym> of Inditex; Kasper Rorsted, <acronym title="Chief Executive Officer">CEO</acronym> of adidas; and Kimberly A. Ross, former <acronym title="Chief Financial Officer">CFO</acronym> of Baker Hughes, as new members of the Board. Three directors, Andreas Koopmann, Steven G. Hoch, and Na?na Lal Kidwai, did not stand for re-election as they have reached the term limit. The Board warmly thanked them for their highly appreciated services and important contributions as directors.</p> <p>The shareholders elected the Chairman and all other members of the Board of Directors individually for a term of office until the end of the next Annual General Meeting. Henri de Castries, lead independent director, was appointed as Vice-Chairman of the Board.</p> <p>Read the <a href="/media/pressreleases/allpressreleases/annual-general-meeting-2018">press release</a></p> 458776 Thu, 12 Apr 2018 18:00:00 +0200 Nestlé Press Releases Thu, 12 Apr 2018 18:00:00 +0200 Nestlé aiming at 100% recyclable or reusable packaging by 2025 http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-recyclable-reusable-packaging-by-2025 <img alt="Nestlé aiming at 100% recyclable or reusable packaging by 2025" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-april/plastics-commitment-feed.png"><br><p>Nestlé today announced its ambition to make 100% of its packaging recyclable or re-usable by 2025. Its vision is that none of its packaging, including plastics, ends up in landfill or as litter. Nestlé believes that there is an urgent need to minimize the impact of packaging on the environment. </p> <p>Nestlé <acronym title="Chief Executive Officer">CEO</acronym> Mark Schneider said, "Plastic waste is one of the biggest sustainability issues the world is facing today. Tackling it requires a collective approach. We are committed to finding improved solutions to reduce, re-use and recycle. Our ambition is to achieve 100% recyclable or reusable packaging by 2025."</p> <p>The company focuses on three core areas: eliminate non-recyclable plastics; encourage the use of plastics that allow better recycling rates; and eliminate or change complex combinations of packaging materials.</p> <p>Read our <a href="/csv/impact/environment/packaging">commitment</a></p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-recyclable-reusable-packaging-by-2025">press release</a></p> 459556 Tue, 10 Apr 2018 12:00:00 +0200 Nestlé Press Releases Tue, 10 Apr 2018 12:00:00 +0200 Nestlé reports full-year results for 2017 http://www.blandyland.com/media/pressreleases/allpressreleases/full-year-results-2017 <img alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2018-february/mark-schneider-feed.jpg"><br><p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>, said:</strong><em> "Our 2017 organic sales growth was within the guided range but below our expectations, in particular due to weak sales development towards the end of the year. Sales growth in Europe and Asia was encouraging while North America and Brazil continued to see a challenging environment. </em></p> <p><em>Our cost reduction initiatives delivered margin improvement ahead of 2017 expectations, in spite of considerable commodity price increases.</em> </p> <p><em>During the past months, we have completed initial portfolio adjustments with very favorable results. We will continue this active portfolio management approach in a disciplined manner and fully in line with our strategy. Regarding our core portfolio, accelerating our growth through product innovation and renovation is high on the agenda. </em></p> <p><em>Organic sales growth is expected to improve in 2018 and we are firmly on track for our 2020 margin improvement target."</em></p> <p>Read the <a href="/media/pressreleases/allpressreleases/full-year-results-2017">press release</a>.</p> <p>Watch the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle2017FullYearResults/lan/en" target="_blank" alt="Opens in a new window: webcast">press conference webcast</a> live at 09:00 <acronym title="Central European Time">CET</acronym>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle2017FullYearResultsInvestorCall/lan/en" target="_blank" alt="Opens in a new window: webcast">investor audio webcast</a> live at 14:00 <acronym title="Central European Time">CET</acronym>.</p> 459086 Thu, 15 Feb 2018 07:15:00 +0100 Nestlé Press Releases Thu, 15 Feb 2018 07:15:00 +0100 Nestlé nominates three new independent directors to Board http://www.blandyland.com/media/pressreleases/allpressreleases/board-of-director-changes-january-2018 <p>Nestlé today announced that it proposes <a title="Opens in a new window: CV Pablo Isla" class="externalLink" href="/asset-library/Documents/Media/press-release/2018-january/cv-pablo-isla.pdf" target="_blank">Pablo Isla (pdf,&nbsp;153 Kb)</a>, Chief Executive Officer of Inditex; <a title="Opens in a new window: CV Kasper Rorsted" class="externalLink" href="/asset-library/Documents/Media/press-release/2018-january/cv-kasper-rorsted.pdf" target="_blank">Kasper Rorsted (pdf,&nbsp;90 Kb)</a>, Chief Executive Officer of adidas; and <a title="Opens in a new window: CV Kimberly A. Ross" class="externalLink" href="/asset-library/Documents/Media/press-release/2018-january/cv-kimberly-a-ross.pdf" target="_blank">Kimberly A. Ross (pdf,&nbsp;100 Kb)</a>, former Chief Financial Officer of Baker Hughes, for election to its Board of Directors. The elections will take place at the company’s Annual General Meeting on April 12, 2018. At that time, three current directors, Andreas Koopmann, Steven G. Hoch, and Na?na Lal Kidwai will retire from the Board. The Board also proposes the individual re-election of the Chairman and the other current members of the Board. </p> <p>Read the <a href="/media/pressreleases/allpressreleases/board-of-director-changes-january-2018">press release</a></p> 458806 Thu, 18 Jan 2018 19:30:00 +0100 Nestlé Press Releases Thu, 18 Jan 2018 19:30:00 +0100 Nestlé agrees to sell U.S. confectionery business to Ferrero http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-agrees-to-sell-us-confectionery-business-ferrero <p>Nestlé today announced that it agreed to sell its <acronym title="United States">U.S.</acronym> confectionery business to Ferrero for <acronym title="United States Dollars">USD</acronym> 2.8 billion in cash. Nestlé’s 2016 <acronym title="United States">U.S.</acronym> confectionery sales reached about <acronym title="United States Dollar">USD</acronym> 900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. </p> <p>Nestlé <acronym title="Chief Executive Officer">CEO</acronym> Mark Schneider commented: "With Ferrero we have found an exceptional home for our <acronym title="United States">U.S.</acronym> confectionery business where it will thrive. At the same time, this move allows Nestlé to invest and innovate across a range of categories where we see strong future growth and hold leadership positions, such as pet care, bottled water, coffee, frozen meals and infant nutrition." </p> <p>Read the <a href="/media/pressreleases/allpressreleases/nestle-agrees-to-sell-us-confectionery-business-ferrero">press release</a></p> 459431 Tue, 16 Jan 2018 18:00:00 +0100 Nestlé Press Releases Tue, 16 Jan 2018 18:00:00 +0100 Nestlé extends consumer healthcare portfolio by agreeing to acquire Atrium Innovations http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-acquires-atrium-innovations <p>Nestlé today announced that it agreed to acquire privately-held Atrium Innovations, a global leader in nutritional health products, from a group of investors led by Permira Funds for <acronym title="United States Dollars">USD</acronym> 2.3 billion in cash. Atrium’s 2017 sales are expected to reach almost <acronym title="United States Dollars">USD</acronym> 700 million.</p> <p>The move supports Nestlé’s pursuit of growth opportunities in consumer healthcare to complement the company’s focus on its high-growth food and beverage categories. The transaction is expected to close in the first quarter of 2018 following the completion of customary approvals and closing conditions.</p> <p>Read the <a href="/media/pressreleases/allpressreleases/nestle-acquires-atrium-innovations">press release</a></p> 459401 Tue, 05 Dec 2017 17:30:00 +0100 Nestlé Press Releases Tue, 05 Dec 2017 17:30:00 +0100 Nestlé reorganizes infant nutrition business, announces changes to Executive Board http://www.blandyland.com/media/pressreleases/allpressreleases/infant-nutrition-business-management-changes <p>The Nestlé Board of Directors has decided to change the organization of the <strong>infant nutrition</strong> business at Nestlé to enhance further the company’s ability to win in this high-growth category. Effective January 1, 2018, infant nutrition will move from the globally-managed Nestlé Nutrition to a regionally-managed business. The change does not apply to other Nestlé businesses.</p> <p>Nestlé also announced changes to its <strong>Executive Board</strong> today. </p> <p>Read the <a href="/media/pressreleases/allpressreleases/infant-nutrition-business-management-changes">press release</a></p> 459251 Wed, 15 Nov 2017 08:30:00 +0100 Nestlé Press Releases Wed, 15 Nov 2017 08:30:00 +0100 Nestlé reports nine-month sales for 2017 http://www.blandyland.com/media/pressreleases/allpressreleases/nine-month-sales-2017 <img alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/events/2017/2017-nine-month-sales-mark-schneider-feed.jpg"><br><p>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>: "Our sales results for the nine-month period are in line with our expectations communicated in July.</p> <p>Organic sales growth continued to benefit from industry-leading volume growth, which illustrates our ability to innovate and meet consumer demand. Pricing remained soft. Zone <acronym title="Asia, Oceania and sub-Saharan Africa">AOA</acronym> saw further improvement in organic growth. As expected, Western Europe returned to positive organic growth, with significant contributions from coffee and confectionery.</p> <p>Improving our efficiency is a key priority. We have identified further opportunities to accelerate our margin improvement, leading to a further increase in restructuring and related expenses in 2017. Consequently, we now expect our trading operating profit margin to decrease by 40-60 basis points. The development of our underlying trading operating profit margin is fully in line with our expectations for 2017."</p> <p>Read the <a href="/media/pressreleases/allpressreleases/nine-month-sales-2017">press release</a></p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle-2017-Nine-month-sales/lan/en/gb_custom_2/webcastViewerEn" target="_blank" alt="Opens in a new window: webcast">investor call audio webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer, live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 459856 Thu, 19 Oct 2017 07:15:00 +0200 Nestlé Press Releases Thu, 19 Oct 2017 07:15:00 +0200 Nestlé details value creation plans at annual investor seminar http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-value-creation-investor-seminar-2017 <p>At its investor seminar today in London, Nestlé will present its strategy for sustainable value creation. The company will detail how it will reach its mid-single digit organic growth target by 2020, and will announce an underlying trading operating profit margin target of 17.5% to 18.5% by 2020, up from 16.0% in 2016.</p> <p>Read the <a href="/media/pressreleases/allpressreleases/nestle-value-creation-investor-seminar-2017">press release</a>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://www.media-server.com/m/go/2017-nestle-investor-seminar" target="_blank">investor seminar webcast</a> live from 08:30 <acronym title="British Summer Time">BST</acronym> | 09:30 <acronym title="Central European Summer Time">CEST</acronym>.</p> 459651 Tue, 26 Sep 2017 07:15:00 +0200 Nestlé Press Releases Tue, 26 Sep 2017 07:15:00 +0200 Nestlé acquires majority interest in Blue Bottle Coffee http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-acquires-majority-interest-blue-bottle-coffee <img alt="Blue Bottle Coffee" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2017-september/coffee-feed.jpg"><br><p>Nestlé today announced that it has acquired a majority stake in <a title="Opens in a new window: Blue Bottle Coffee website" class="externalLink" href="https://bluebottlecoffee.com/our-coffee" target="_blank" alt="Opens in a new window: Blue Bottle Coffee website">Blue Bottle Coffee</a>, a high-end speciality coffee roaster and retailer based in Oakland, California. </p> <p>Over the last 15 years, Blue Bottle Coffee has achieved iconic status amongst discerning coffee drinkers. It offers one of the highest quality coffees available, with an uncompromising attention to taste, freshness and sustainability. </p> <p>The company operates coffee shops in major <acronym title="United States">US</acronym> cities and in Japan, with a unique minimalist style that also incorporates elements of the surrounding neighbourhood. The total number of Blue Bottle Coffee shops is expected to reach 55 by the end of 2017, up from 29 at the end of last year. Blue Bottle Coffee has also launched super premium ready-to-drink and roast and ground products, sold online and in the retail market. </p> <p>Read the <a href="/media/pressreleases/allpressreleases/nestle-acquires-majority-interest-blue-bottle-coffee">press release</a></p> 459411 Thu, 14 Sep 2017 18:00:00 +0200 Nestlé Press Releases Thu, 14 Sep 2017 18:00:00 +0200 Nestlé reports half-year results for 2017 http://www.blandyland.com/media/pressreleases/allpressreleases/half-year-results-2017 <img title="Mark Schneider, Nestlé CEO" alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2017-july/mark-schneider-feed.jpg"><br><p><strong>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>:</strong> "We are pleased with our value creation progress in the first half of 2017. This includes solid operational improvements as well as portfolio management choices and our decision to increase balance sheet efficiency.</p> <p>Organic growth in the first half did not fully meet our expectations. While volume growth remains at the high end of our industry, pricing continues to be soft. Asia and Africa confirmed their positive growth momentum. Western Europe experienced a volume decline, which we consider largely transitory. North America and Latin America saw a slight improvement in organic growth, mainly driven by volume. Our coffee, water and petcare businesses confirmed their growth potential with solid first-half results.</p> <p>Profitability is in line with our expectations, as restructuring savings and efficiencies have offset higher commodity costs. We are accelerating our margin improvement initiatives.</p> <p>We confirm our 2017 guidance with organic growth likely to be in the lower half of the 2-4% range. Our 2020 mid-range expectations for organic growth remain unchanged."</p> <p>Read the <a href="/media/pressreleases/allpressreleases/half-year-results-2017">press release</a>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle-2017-Half-year-results/lan/en/gb_custom_2/webcastViewerEn" target="_blank">investor call audio webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 459206 Thu, 27 Jul 2017 07:15:00 +0200 Nestlé Press Releases Thu, 27 Jul 2017 07:15:00 +0200 Nestlé outlines future value creation model including strategic growth priorities and supporting capital structure http://www.blandyland.com/media/pressreleases/allpressreleases/value-creation-model <p>Nestlé today announced another step forward in the implementation of its comprehensive value creation model. Early in 2017, the company’s management, together with the Nestlé Board of Directors, initiated a comprehensive review of the company’s capital structure and priorities to support and enhance its ability to deliver on its value creation model.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/value-creation-model">press release</a>.</p> 460206 Tue, 27 Jun 2017 18:00:00 +0200 Nestlé Press Releases Tue, 27 Jun 2017 18:00:00 +0200 Nestlé to explore strategic options for its US confectionery business http://www.blandyland.com/media/pressreleases/allpressreleases/us-confectionery-business <img alt="Nestlé to explore strategic options for its US confectionery business" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2017-june/confectionery-feed.jpg"><br><p>Nestlé will explore strategic options for its <acronym title="United States">US</acronym> confectionery business, including a potential sale. The review covers the <acronym title="United States">US</acronym> market only and is expected to be completed by the end of this year. </p> <p>Nestlé’s <acronym title="United States">US</acronym> confectionery business had sales of around <acronym title="Swiss Franc">CHF</acronym> 900 million in 2016. It primarily includes popular local chocolate brands such as <em>Butterfinger, BabyRuth, 100Grand, SkinnyCow, Raisinets, Chunky, OhHenry!</em> and <em>SnoCaps</em>, as well as local sugar brands such as <em>SweeTarts, LaffyTaffy, Nerds, FunDip, PixyStix, Gobstopper, BottleCaps, Spree</em> and <em>Runts</em>. It also comprises the international chocolate brand <em>Crunch</em>. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/us-confectionery-business">press release</a>.</p> 460186 Thu, 15 Jun 2017 18:00:00 +0200 Nestlé Press Releases Thu, 15 Jun 2017 18:00:00 +0200 Nestlé reports three-month sales for 2017 http://www.blandyland.com/media/pressreleases/allpressreleases/3m-sales-2017 <img alt="Mark Schneider, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/events/2017/2017-3m-sales-feed.jpg"><br><p>Mark Schneider, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>: "Organic growth of 2.3% this quarter is within our full-year guidance range. The leap year comparison and other seasonal effects made the start of this year particularly challenging. We were encouraged by the growth in Asia and the resilience of consumer spending in Europe. Consumer demand in the Americas remained soft. Our pricing improved moderately. We confirm our 2017 guidance and have made good progress with our growth and efficiency projects to position our company for enhanced value creation."</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/3m-sales-2017">press release</a>.</p> <p>Follow the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle-2017-Three-month-sales/lan/en/gb_custom_2/webcastViewerEn" target="_blank" alt="Opens in a new window: webcast">Investor call webcast</a> hosted by Mark Schneider, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 14:00 <acronym title="Central European Summer Time">CEST</acronym>.</p> 458646 Thu, 20 Apr 2017 07:15:00 +0200 Nestlé Press Releases Thu, 20 Apr 2017 07:15:00 +0200 Nestlé Annual General Meeting http://www.blandyland.com/media/pressreleases/allpressreleases/annual-general-meeting-2017 <img alt="Peter Brabeck-Letmathe, Paul Bulcke" src="/sites/default/files/asset-library/publishingimages/media/events/2017/agm-pb-pbl-feed.jpg"><br><p><strong>Paul Bulcke elected new Chairman as Peter Brabeck steps down</strong></p> <p>2706 shareholders attended the Nestlé S.A. Annual General Meeting today in Lausanne. They represented 55.60 percent of the capital and 76.80 percent of the shares entitled to vote.</p> <p>All proposals of the Board of Directors were approved with strong majorities. The shareholders elected the members of the Board of Directors individually, for a term of office until the end of the next Annual General Meeting. </p> <p>After serving the company for almost 50 years, including 11 years as <acronym title="Chief Executive Officer">CEO</acronym> and 12 years as Chairman, Peter Brabeck-Letmathe did not stand for re-election after reaching the mandatory retirement age. The Board of Directors thanked him warmly for his many years of service to Nestlé and appointed him as Chairman Emeritus.</p> <p>The Board of Directors thanked Paul Bulcke for his nine years of service as <acronym title="Chief Executive Officer">CEO</acronym> of Nestlé. The shareholders elected Paul Bulcke as Chairman of the Board of Directors. They further elected Nestlé CEO Ulf Mark Schneider and Ursula M. Burns, Chairman of the Board of Xerox Corporation, as new members of the Board.</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/annual-general-meeting-2017">press release</a></p> 458771 Thu, 06 Apr 2017 18:20:00 +0200 Nestlé Press Releases Thu, 06 Apr 2017 18:20:00 +0200 Nestlé nine-month sales: 3.3% organic growth, 2.5% real internal growth | Full-year outlook: organic growth around 3.5% with margin improvement http://www.blandyland.com/media/pressreleases/allpressreleases/nine-month-sales-2016 <img alt="Paul Bulcke, Nestlé CEO" src="/sites/default/files/asset-library/publishingimages/media/events/2016/paul-bulcke-feed.jpg"><br><p>Paul Bulcke, Nestlé <acronym title="Chief Executive Officer">CEO</acronym> : “In an environment marked by deflation and low raw material prices, we continued to privilege volume growth, resulting in real internal growth at the higher end of the industry in both emerging and developed markets. Pricing remained soft but increasing.</p> <p>Our growth was broad-based across categories, allowing us to gain or maintain market share in most of our businesses. We are making progress in addressing our challenges and driving our different initiatives amidst a generally softer trading environment. </p> <p>In line with our strategy we continue to invest for the future. We maintain a high level of brand support while building our innovation pipeline, both globally and locally. At the same time, we drive more operational and structural efficiencies by standardizing, sharing and scaling more activities above market.</p> <p>For the full year 2016, considering the current softer environment, we expect organic growth of around 3.5%, improvements in margins and underlying earnings per share in constant currencies, and increased capital efficiency.” </p> <p>Read the <a href="/media/pressreleases/allpressreleases/nine-month-sales-2016">press release</a></p> <p>Watch the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle2016Ninemonthsales/lan/en/gb_custom_2/webcastViewerEn" target="_blank" alt="Opens in a new window: webcast">nine-month sales conference webcast</a> hosted by Paul Bulcke, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live at 0830 <acronym title="Central European Summer Time">CEST</acronym>.</p> 459851 Thu, 20 Oct 2016 07:15:00 +0200 Nestlé Press Releases Thu, 20 Oct 2016 07:15:00 +0200 Leadership change at Nestlé Skin Health http://www.blandyland.com/media/pressreleases/allpressreleases/leadership-change-nestle-skin-health <p>Humberto Antunes, Nestlé Skin Health <acronym title="Chief Executive Officer">CEO</acronym>, has decided to give a new direction to his career and will leave Nestlé at the end of October 2016. </p> <p>Paul Navarre is joining Nestlé and will take over from Humberto Antunes as Nestlé Skin Health <acronym title="Chief Executive Officer">CEO</acronym> on 1 November 2016. Paul Navarre is a French national with an MBA from the ISC Paris Business School who started his career with Procter &amp; Gamble where he spent 15 years in different countries and positions involving both consumer goods and healthcare. He then joined Allergan, a global pharmaceutical company, in 2007 where, after various leadership roles over a period of 10 years, he most recently was President of Allergan International. </p> <p>Read the <a href="/media/pressreleases/allpressreleases/leadership-change-nestle-skin-health">full press release</a></p> 459311 Tue, 11 Oct 2016 19:15:00 +0200 Nestlé Press Releases Tue, 11 Oct 2016 19:15:00 +0200 Official celebration of Nestlé’s 150 Years in Switzerland http://www.blandyland.com/media/pressreleases/allpressreleases/official-celebration-nestle-150-years-in-switzerland <p>Nestlé today inaugurated its new discovery centre, <em>nest</em>, on the site of founder Henri Nestlé’s original factory in Vevey, Switzerland. </p> <p>The President of the Swiss Confederation, Johann Schneider-Ammann, the Chairman of the Board of Directors of Nestlé, Peter Brabeck-Letmathe, and Nestlé’s Chief Executive Officer, Paul Bulcke, were all present,&nbsp;as were&nbsp;more than 250 personalities from Swiss politics, economics, and culture.</p> <p>The event will continue in Vevey with the reopening ceremony of the Alimentarium Museum of Food, a Nestlé foundation. </p> <p>The day will end at the Jenisch Museum, which has set up an exhibit presenting the Nestlé Art Collection in celebration of the company's 150 years.</p> <p>Read the <a href="/media/pressreleases/allpressreleases/official-celebration-nestle-150-years-in-switzerland">press release</a>.</p> 459901 Thu, 02 Jun 2016 12:00:00 +0200 Nestlé Press Releases Thu, 02 Jun 2016 12:00:00 +0200 Nestlé and R&R to create Froneri, an ice cream and frozen food joint venture http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-rr-joint-venture-froneri <img alt="woman eating ice cream" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2016-april/summer-feed.jpg"><br><p>Nestlé and R&amp;R, a leading ice cream company based in the <acronym title="United Kingdom">UK</acronym>, have agreed to set up Froneri, a joint venture with sales of around <acronym title="Swiss Francs">CHF</acronym> 2.7 billion in over 20 countries employing about 15,000 people. Froneri will be headquartered in the <acronym title="United Kingdom">UK</acronym> and will operate primarily in Europe, the Middle East (excluding Israel), Argentina, Australia, Brazil, the Philippines and South Africa. The new company will combine Nestlé and R&amp;R’s ice cream activities in the relevant countries and will include Nestlé’s European frozen food business (excluding pizza and retail frozen food in Italy), as well as its chilled dairy business in the Philippines. The transaction is subject to employee consultations and the approval of regulatory authorities. Financial details are not being disclosed. </p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nestle-rr-joint-venture-froneri">press release</a>.</p> 459576 Wed, 27 Apr 2016 07:15:00 +0200 Nestlé Press Releases Wed, 27 Apr 2016 07:15:00 +0200 Nestlé three-month sales: 3.9% organic growth, 3.0% real internal growth, full-year outlook confirmed http://www.blandyland.com/media/pressreleases/allpressreleases/3m-sales-2016 <img alt="Nestlé 2016 Three-month sales publication" src="/sites/default/files/asset-library/publishingimages/media/events/2016/2016-3m-sales-bulcke-feed.jpg"><br><p>Paul Bulcke, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>: “As anticipated, the first quarter continued the positive momentum in real internal growth, with softer pricing. We gained market share in the majority of our categories and businesses. The strongest performances were in Europe, in South East Asia and in Africa as well as for Nescafé, Nespresso and petcare. Our <acronym title="United States">US</acronym> frozen food business is progressing well. The trends seen over the last few quarters show the relevance of our investments and allow us to confirm our outlook for the year.”</p> <p>Read the <a href="/media/pressreleases/allpressreleases/3m-sales-2016">press release</a>.</p> <p>Watch the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle-2016-Three-month-sales/lan/en/gb_custom_2/webcastViewerEn" target="_blank" alt="Opens in a new window: webcast">Investor call webcast</a> hosted by Fran?ois-Xavier Roger, Nestlé Chief Financial Officer, and Steffen Kindler, Head of Investor Relations live from 08:30 <acronym title="Central European Summer Time">CEST</acronym>.</p> 458641 Thu, 14 Apr 2016 07:15:00 +0200 Nestlé Press Releases Thu, 14 Apr 2016 07:15:00 +0200 Nestlé Annual General Meeting http://www.blandyland.com/media/pressreleases/allpressreleases/annual-general-meeting-2016 <img alt="" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2016-april/agm-2016-feed.jpg"><br><p>2853 shareholders attended the Nestlé S.A. Annual General Meeting today in Lausanne. They represented 53.39 percent of the capital and 75.17 percent of the shares entitled to vote. The annual review and the accounts were approved and the shareholders agreed to the discharge of the Board of Directors and the Management. The shareholders further approved the proposed dividend of <acronym title="Swiss Francs">CHF</acronym> 2.25 per share. </p> <p>All proposals of the Board of Directors were approved with strong majorities. </p> <p>Read the <a href="/media/pressreleases/allpressreleases/annual-general-meeting-2016">press release</a><br> Watch the Chairman and CEO speeches via <a class="externalLink" href="http://edge.media-server.com/m/go/Nestle-AGM-2016/lan/en/gb_custom_2/webcastViewerEn" target="_blank">on-demand webcast</a><br> Full details in <a href="/media/mediaeventscalendar/allevents/agm-2016">Events</a></p> 458766 Thu, 07 Apr 2016 18:20:00 +0200 Nestlé Press Releases Thu, 07 Apr 2016 18:20:00 +0200 Full-Year 2015: 4.2% organic growth, trading operating profit margin up10 basis points in constant currencies http://www.blandyland.com/media/pressreleases/allpressreleases/full-year-results-2015 <img alt="Kids drinking Milo" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2016-february/full-year-results-2015-feed.jpg"><br><p>Paul Bulcke, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>: “In 2015 we delivered profitable growth at the higher end of the industry in what is still a challenging environment. This profitable growth was on the back of consistent performances in previous years.”</p> <p>Read his full quote in the <a href="/media/pressreleases/allpressreleases/full-year-results-2015">press release</a>.</p> <p>Watch the <a title="Opens in a new window: webcast" class="externalLink" href="http://edge.media-server.com/m/go/Nestle2015FullYearResults/lan/en/gb_custom_2/webcastViewerEn" target="_blank" alt="Opens in a new window: webcast">results conference webcast</a> hosted by Paul Bulcke, <acronym title="Chief Executive Officer">CEO</acronym>, and Fran?ois-Xavier Roger, <acronym title="Chief Financial Officer">CFO</acronym> live from 08:30 <acronym title="Central European Time">CET</acronym>.</p> 459076 Thu, 18 Feb 2016 07:15:00 +0100 Nestlé Press Releases Thu, 18 Feb 2016 07:15:00 +0100 Nestlé nine-month sales: 4.2% organic growth, 2.0% real internal growth http://www.blandyland.com/media/pressreleases/allpressreleases/nine-month-sales-2015 <img alt="school kids" src="/sites/default/files/asset-library/publishingimages/media/events/2015/20159ms-feed.jpg"><br><p>In the first nine months of 2015 organic growth was 4.2%, composed of 2.0% real internal growth and 2.2% pricing. Total sales were <acronym title="Swiss Francs">CHF</acronym> 64.9 billion.</p> <p>Paul Bulcke, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>: “After a good performance in the first half of the year we were impacted in the third quarter by exceptional events, with Maggi noodles in India and a rebate adjustment in Nestlé Skin Health. Yet our real internal growth increased, reflecting broad-based positive momentum across our business and many of our markets. There was continued solid performance in Europe, Nestlé Waters and Nestlé Health Science. We made good progress in much of Latin America and delivered a significant improvement in North America, especially in frozen food, contrasting with slower sales recovery in China. On the whole, organic growth fell short of our expectations and therefore we project organic growth of around 4.5% for the full year, with improvements in margins and underlying earnings per share in constant currencies, and capital efficiency.”</p> <p>Read the full <a href="/media/pressreleases/allpressreleases/nine-month-sales-2015">press release</a>.</p> <p>Watch the <a class="externalLink" title="Opens in a new window: webcast" href="http://edge.media-server.com/m/go/2015Ninemonthsales/lan/en/gb_custom_2/webcastViewerEn" target="_blank" alt="Opens in a new window: webcast">sales conference webcast</a> hosted by Paul Bulcke, Nestlé Chief Executive Officer, and Fran?ois-Xavier Roger, Nestlé Chief Financial Officer.live from 08:30 <acronym title="Central European Time">CET</acronym>.</p> 459846 Fri, 16 Oct 2015 07:15:00 +0200 Nestlé Press Releases Fri, 16 Oct 2015 07:15:00 +0200 Nestlé in talks with R&R to create ice cream joint venture in selected geographies http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-rr-ice-cream-joint-venture-selected-geographies <p>Nestlé and R&amp;R, a leading European ice cream company based in the UK, are in advanced discussions to set up a new joint venture covering ice cream based mainly in Europe and Africa. </p> <p>The proposed joint venture will capitalise on the complementary strengths and innovation expertise of the two companies. It will combine Nestlé’s strong and successful brands and experience in ‘out-of-home’ distribution with R&amp;R’s competitive manufacturing model and significant presence in retail. </p> Read the <a href="/media/pressreleases/allpressreleases/nestle-rr-ice-cream-joint-venture-selected-geographies">press release</a>. 459571 Mon, 05 Oct 2015 13:10:00 +0200 Nestlé Press Releases Mon, 05 Oct 2015 13:10:00 +0200 Half-Year 2015: Organic growth of 4.5%, full-year outlook confirmed http://www.blandyland.com/media/pressreleases/allpressreleases/half-year-results-2015 <p><a href="/media/mediaeventscalendar/allevents/h1-2015-results"><img alt="Father and son" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2015-august/hy-results-2015-feed.jpg"></a>?</p> <p>In the first half of 2015, the Nestlé Group delivered organic growth of 4.5%, composed of 1.7% real internal growth.</p> <p>Total sales were CHF 42.8 billion.</p> <p>Underlying earnings per share rose 7.3% in constant currencies.</p> <p>Paul Bulcke, Nestlé CEO: “The first half results were in line with our expectations, broad-based across categories and geographies, solid even in difficult circumstances, and consistent with our strong performance over time. They reflect the relevance and strength of our Nutrition, Health and Wellness strategy and our discipline in execution. Our investments in the new growth platforms Nestlé Health Science and Nestlé Skin Health are delivering and complement the good momentum in our food and beverages businesses. This allows us to confirm the outlook for the full year."</p> <p>Read the press release in <a class="externalLink" href="/asset-library/Documents/Library/Events/2015-half-year-results/Press_Release_EN.pdf" target="_blank">English (pdf, 175Kb)</a>, <a class="externalLink" href="/asset-library/Documents/Library/Events/2015-half-year-results/Press_Release_FR.pdf" target="_blank">French (pdf, 180Kb)</a> and <a class="externalLink" href="/asset-library/Documents/Library/Events/2015-half-year-results/Press_Release_DE.pdf" target="_blank">German (pdf, 179Kb)</a> and view the <a class="externalLink" href="/asset-library/Documents/Library/Presentations/Sales_and_Results/2015-hy-confcall.pdf" target="_blank">investor call presentation slides (pdf, 1Mb)</a></p> <p>Access the?<a class="externalLink" href="http://edge.media-server.com/m/go/Nestle2015HalfYearResults/gb_custom_2/webcastViewer" target="_blank">investor call audio webcast</a>?hosted by Fran?ois-Xavier Roger, Nestlé Chief Financial Officer live from 08:30 <acronym title="Central European Time">CET</acronym>.</p> 459196 Thu, 13 Aug 2015 07:15:00 +0200 Nestlé Press Releases Thu, 13 Aug 2015 07:15:00 +0200 Retirement of Nandu Nandkishore, Appointment of Wan Ling Martello http://www.blandyland.com/media/pressreleases/allpressreleases/retirement-nandu-nandkishore-appointment-wan-ling-martello <P><STRONG>Nandu Nandkishore</STRONG>, Executive Vice President in charge of Zone Asia, Oceania and Africa (AOA), has decided to take early retirement after a long and distinguished career with Nestlé. </P> <P>&nbsp;</P> <P>Effective 1 May 2015, the Board of Directors has appointed <STRONG>Wan Ling Martello</STRONG>, currently CFO of Nestlé S.A., to succeed Nandu Nandkishore as Executive Vice President in charge of Zone AOA.</P> <P>Read the <A href="/media/pressreleases/allpressreleases/retirement-nandu-nandkishore-appointment-wan-ling-martello">press release</A>.</P> 460056 Fri, 17 Apr 2015 18:00:00 +0200 Nestlé Press Releases Fri, 17 Apr 2015 18:00:00 +0200 Nestlé three-month sales: 4.4% organic growth, full-year outlook confirmed http://www.blandyland.com/media/pressreleases/allpressreleases/3m-sales-2015 <img alt="Mother and child" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2015-april/2015-3m-sales-feed.jpg"><p>In the first three months of 2015 organic growth was 4.4%, composed of 1.9% real internal growth and 2.5% pricing. Sales rose by 0.5% to CHF 20.9 billion, impacted by negative foreign exchange of -4.5%. Acquisitions, net of divestitures, added 0.6% to sales.</p> <p>Paul Bulcke, Nestlé CEO: "Our three-month sales growth was in line with expectations and driven by both real internal growth and pricing. We delivered good performances in Zone EMENA, Nestlé Waters and Other businesses. We continued our efforts to restore momentum in Zone AOA and in North America, and expect these initiatives to gain traction throughout the year. Our full-year outlook is confirmed: we aim to achieve organic growth of around 5% with improvements in margins, underlying earnings per share in constant currencies and capital efficiency."</p> <p>Read the <a href="/media/pressreleases/allpressreleases/3m-sales-2015">press release</a>.</p> <p>Watch the <a class="externalLink" href="http://www.media-server.com/m/go/Nestle-3-month-sales-call/gb_custom_2/webcastViewer" target="_blank">investor call audio webcast</a> hosted by Steffen Kindler, Head of Investor Relations at 08:30 CET.</p> 458636 Fri, 17 Apr 2015 07:15:00 +0200 Nestlé Press Releases Fri, 17 Apr 2015 07:15:00 +0200 Nestlé Annual General Meeting http://www.blandyland.com/media/pressreleases/allpressreleases/annual-general-meeting-2015 Nestlé's Annual General Meeting 2015 press release 458761 Thu, 16 Apr 2015 18:00:00 +0200 Nestlé Press Releases Thu, 16 Apr 2015 18:00:00 +0200 Nestlé in exclusive negotiations for the sale of Davigel http://www.blandyland.com/media/pressreleases/allpressreleases/exclusive-negotiations-sale-davigel <P>On 14 November 2014, Nestlé announced that it was exploring strategic options for the development of its subsidiary Davigel, a leading provider of branded frozen and chilled food products, ice-cream and solutions for out of home in Europe as part of its on-going portfolio review.</P> <P>Nestlé has today announced that it has entered into exclusive negotiations for the sale of Davigel with the Brakes Group, a leading European food service operator owned by the private equity manager Bain Capital.</P> <P>The transaction is subject to consultations with the relevant works councils and the approval of the competition authorities. Financial details are not being disclosed.</P> <P>This press release is also available in <A class="externalLink" title="Opens in a new window: French press release" href="/asset-library/Documents/Media/press-release/2015-april/exclusive-negotiations-davigel-FR.pdf" target="_blank" alt="Opens in a new window: French press release">French (pdf, 18 Kb)</A> and <A class="externalLink" title="Opens in a new window: German press release" href="/asset-library/Documents/Media/press-release/2015-april/exclusive-negotiations-davigel-DE.pdf" target="_blank" alt="Opens in a new window: German press release">German (pdf,&nbsp;18 Kb)</A> </P> 458951 Wed, 15 Apr 2015 07:15:00 +0200 Nestlé Press Releases Wed, 15 Apr 2015 07:15:00 +0200 L’Oréal and Nestlé announce the project to end the activity of their joint venture Innéov http://www.blandyland.com/media/pressreleases/allpressreleases/loreal-nestle-end-joint-venture-inneov <P>L’Oréal and Nestlé announce the project to end the activity of their joint venture Innéov during the course of the first quarter 2015. Created in 2002, Innéov offers cosmetic nutritional supplements sold in pharmacies. The brand has not met the development expected by both partners.</P> <P>Read the <A href="/media/pressreleases/allpressreleases/loreal-nestle-end-joint-venture-inneov">press release</A>.</P> 459326 Thu, 27 Nov 2014 18:00:00 +0100 Nestlé Press Releases Thu, 27 Nov 2014 18:00:00 +0100 Nestlé to explore strategic options for the development of Davigel http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-strategic-options-development-davigel <DIV> <P>As part of its on-going portfolio review, Nestlé announced today that it is exploring strategic options for the development of its subsidiary Davigel, a leading provider of branded frozen and chilled food products, ice-cream and solutions for out of home in Europe. This mainly involves identifying a partner to help Davigel in its next stage of growth while safeguarding the best interests of employees, customers and shareholders.</P> <P>This press release is also available in <A class="externalLink" title="Opens in a new window: French press release" href="/asset-library/Documents/Media/press-release/2014-november/Development-Davigel-FR.pdf" target="_blank" alt="Opens in a new window: French press release">French (pdf,&nbsp;39 Kb)</A> and <A class="externalLink" title="Opens in a new window: German press release" href="/asset-library/Documents/Media/press-release/2014-november/Development-Davigel-DE.pdf" target="_blank" alt="Opens in a new window: German press release">German (pdf,&nbsp;40 Kb)</A> </P> </DIV> 459601 Fri, 14 Nov 2014 09:00:00 +0100 Nestlé Press Releases Fri, 14 Nov 2014 09:00:00 +0100 Nestlé nine-month sales: broad-based organic growth of 4.5% in a volatile environment http://www.blandyland.com/media/pressreleases/allpressreleases/nine-month-sales-2014 <p><a href="/media/pressreleases/allpressreleases/nine-month-sales-2014"><img alt="Nestlé headquarters, Vevey Switzerland" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2014-april/2014q1-feed.jpg"></a></p> <p>In the first nine months of 2014, organic growth was 4.5%, composed of 2.3% real internal growth and 2.2% pricing.</p> <p>Sales were CHF 66.2 billion, impacted by substantial negative foreign exchange of -7.5%, and divestitures, net of acquisitions, further reduced sales growth by -0.1%. As a result the total evolution of sales was -3.1%.</p> <p>Paul Bulcke, Nestlé <acronym title="Chief Executive Officer">CEO</acronym>: "In a volatile global trading environment where there are no tailwinds, we achieved good broad-based growth. While focusing on delivery today, we have taken decisions that reshape and strengthen our business for tomorrow. We have created ‘Nestlé Business Excellence’ to better leverage our scale and ensure that our markets can concentrate on growing their respective businesses. Despite the tough environment, in view of our year-to-date performance, we are still aiming for organic growth of around 5% for 2014 with improvements in margins, underlying earnings per share in constant currencies and capital efficiency."</p> <p>Read the <a href="/media/pressreleases/allpressreleases/nine-month-sales-2014">press release</a>.</p> <p>Watch the <a class="externalLink" href="http://www.media-server.com/m/go/Nestle_9_month_sales_conference_2014/lan/en/gb_custom_2/enWebcastViewer" target="_blank">sales conference webcast</a> hosted by Paul Bulcke, Chief Executive Officer and Wan Ling Martello, Nestlé Chief Financial Officer, live at 08:30 CET.</p> 459841 Thu, 16 Oct 2014 07:15:00 +0200 Nestlé Press Releases Thu, 16 Oct 2014 07:15:00 +0200 First Half 2014: 4.7% organic growth in a volatile trading environment, CHF 8 billion share buy-back programme http://www.blandyland.com/media/pressreleases/allpressreleases/half-year-results-2014 <p><a href="/media/mediaeventscalendar/allevents/2014-h1-results"><img alt="Nestlé headquarters, Vevey Switzerland" src="/sites/default/files/asset-library/publishingimages/media/news-feed/2014-april/2014q1-feed.jpg"></a></p> <p>In the first half the Nestlé Group delivered organic growth of 4.7%, composed of 2.9% real internal growth and 1.8% pricing.</p> <p>Total sales were CHF 43 billion.</p> <p>The strong Swiss Franc continued to have a substantial negative impact (-8.8%) and after divestitures, net of acquisitions (-0.7%), reported total sales were down by 4.8%.</p> <p>Paul Bulcke, Nestlé CEO: “The performance in the first half allows us to confirm our outlook for the full year: organic growth around 5% and improvements in margins, underlying earnings per share in constant currencies and capital efficiency."</p> <p>Read the press release in <a class="externalLink" href="/asset-library/Documents/Library/Events/2014-half-year-results/Press_Release_EN.pdf" target="_blank">English (pdf, 81 Kb)</a>, <a class="externalLink" href="/asset-library/Documents/Library/Events/2014-half-year-results/Press_Release_FR.pdf" target="_blank">French (pdf, 105 Kb)</a> and <a class="externalLink" href="/asset-library/Documents/Library/Events/2014-half-year-results/Press_Release_DE.pdf" target="_blank">German (pdf, 84 Kb)</a> and the <a class="externalLink" href="/asset-library/Documents/Library/Presentations/Sales_and_Results/2014-hy-confcall.pdf" target="_blank">investor call presentation slides (pdf, 843 Kb)</a></p> <p>Access the on-demand?<a class="externalLink" href="http://www.media-server.com/m/go/Nestle_2014_half_year_results" target="_blank">investor call audio webcast</a>?hosted by Wan Ling Martello, Nestlé Chief Financial Officer.</p> 459191 Thu, 07 Aug 2014 07:15:00 +0200 Nestlé Press Releases Thu, 07 Aug 2014 07:15:00 +0200 Nestlé acquires rights to aesthetic dermatology products in the US and Canada http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-acquires-aesthetic-dermatology-products <a href="/media/pressreleases/allpressreleases/nestle-acquires-aesthetic-dermatology-products" alt="Nestlé acquires rights to aesthetic dermatology products in the US and Canada"><img src="/sites/default/files/asset-library/publishingimages/media/news-feed/2014-july/valeant-complete-newsfeed.jpg"></a> <p>As a result of the successful conclusion of the regulatory process and customary closing conditions, Nestlé today completed its acquisition of Valeant Pharmaceuticals International’s commercialisation rights to several key injectable aesthetic dermatology products in the <acronym title="United States">US</acronym> and Canada, as announced on 28 May 2014. These rights will be integrated into Nestlé Skin Health and commercialised by Galderma.</p> <p>Read the <a href="/media/pressreleases/allpressreleases/nestle-acquires-aesthetic-dermatology-products">press release</a>.</p> 459396 Thu, 10 Jul 2014 15:30:00 +0200 Nestlé Press Releases Thu, 10 Jul 2014 15:30:00 +0200 Nestlé acquisition of L’Oréal’s 50% stake in Galderma completed http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-acquisition-loreal-galderma-complete <P>As a result of the successful conclusion of the regulatory process and customary closing conditions, Nestlé today completed its acquisition of L’Oréal’s 50% stake in Galderma, as originally announced on 11 February 2014. </P> <P>Galderma, with approximately 5,000 employees and a presence in 80 countries, will henceforth operate as the pharmaceutical arm of Nestlé Skin Health S.A.</P> <P>Read the <A href="/media/pressreleases/allpressreleases/nestle-acquisition-loreal-galderma-complete">press release</A>.</P> 459416 Tue, 08 Jul 2014 18:00:00 +0200 Nestlé Press Releases Tue, 08 Jul 2014 18:00:00 +0200 Nestlé to acquire aesthetic dermatology assets for Nestlé Skin Health http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-skin-health-aesthetic-dermatology-assets <P>Today Nestlé is announcing it will reinforce Nestlé Skin Health with the acquisition from the Canadian firm Valeant Pharmaceuticals International of the full rights to commercialise several key aesthetic dermatology products in the <ACRONYM title="United States">US</ACRONYM> and Canada for <ACRONYM title="United States dollar">USD</ACRONYM> 1.4 billion in cash. </P> <P>“With this deal we have acquired key strategic assets to extend Nestlé’s activities in the field of specialised, medical skin treatments, providing consumers with life-enhancing scientific products,” said Nestlé Chairman Peter Brabeck-Letmathe. </P> <P>“This move will reinforce Galderma’s leading position in the industry when it becomes Nestlé Skin Health by allowing it to complete its geographic footprint for its strong portfolio of brands and leading medical solutions globally,” said Nestlé Chief Executive Paul Bulcke. </P> <P>The transaction is subject to regulatory approval and customary closing conditions. </P> <P>Read the <A href="/media/pressreleases/allpressreleases/nestle-skin-health-aesthetic-dermatology-assets">press release</A>.</P> 459586 Wed, 28 May 2014 07:15:00 +0200 Nestlé Press Releases Wed, 28 May 2014 07:15:00 +0200 Nestlé and Fonterra realign Latin America partnership http://www.blandyland.com/media/pressreleases/allpressreleases/dairy-partners-americas-nestle-fonterra-latin-america <P>Nestlé and Fonterra have agreed to redefine the scope of their joint venture Dairy Partners Americas (DPA).</P> <P>DPA was created by Nestlé and Fonterra in 2003 as a 50/50 joint venture, manufacturing milk powder and manufacturing and commercialising chilled and liquid dairy products throughout Latin America. For ten years DPA has performed well, delivering value for consumers and for the partners. Now though, the time is right to realign the partnership to better reflect the respective strategies of Nestlé and Fonterra in the region.</P> <P>Read the <A href="/media/pressreleases/allpressreleases/dairy-partners-americas-nestle-fonterra-latin-america">press release</A>.</P> 458891 Tue, 27 May 2014 15:00:00 +0200 Nestlé Press Releases Tue, 27 May 2014 15:00:00 +0200 Nestlé first-quarter sales: 4.2% organic growth, full-year outlook confirmed http://www.blandyland.com/media/pressreleases/allpressreleases/q1-sales-2014 2014 First-quarter sales press release 459986 Tue, 15 Apr 2014 07:15:00 +0200 Nestlé Press Releases Tue, 15 Apr 2014 07:15:00 +0200 Nestlé Annual General Meeting: Strong support from shareholders for Board proposals - Amendment of the Articles of Association following the Minder Initiative http://www.blandyland.com/media/pressreleases/allpressreleases/annual-general-meeting-2014 Annual General Meeting 2014 press release 458756 Thu, 10 Apr 2014 18:00:00 +0200 Nestlé Press Releases Thu, 10 Apr 2014 18:00:00 +0200 Full-Year 2013: 4.6% Organic Growth, Trading Operating Profit Margin up 20 basis points, up 40 basis points in constant currencies http://www.blandyland.com/media/pressreleases/allpressreleases/full-year-results-2013 Read Nestlé full-year results in summary. Find out what our organic growth, profit margin, and operating cash flow are. 459066 Thu, 13 Feb 2014 07:15:00 +0100 Nestlé Press Releases Thu, 13 Feb 2014 07:15:00 +0100 Strategic Transaction Approved by Boards of Nestlé and L’Oréal http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-loreal-galderma 459531 Tue, 11 Feb 2014 06:00:00 +0100 Nestlé Press Releases Tue, 11 Feb 2014 06:00:00 +0100 Nestlé Skin Health S.A. http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-skin-health 459591 Tue, 11 Feb 2014 06:00:00 +0100 Nestlé Press Releases Tue, 11 Feb 2014 06:00:00 +0100 Nestlé sells PowerBar http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-sells-powerbar 459406 Mon, 03 Feb 2014 14:30:00 +0100 Nestlé Press Releases Mon, 03 Feb 2014 14:30:00 +0100 Nestlé sells Jenny Craig in North America and Oceania http://www.blandyland.com/media/pressreleases/allpressreleases/jenny-craig-november-2013 459271 Thu, 07 Nov 2013 07:15:00 +0100 Nestlé Press Releases Thu, 07 Nov 2013 07:15:00 +0100 Nestlé nine-month sales: 4.4% organic growth, full-year outlook confirmed http://www.blandyland.com/media/pressreleases/allpressreleases/nine-month-sales-2013 459836 Thu, 17 Oct 2013 07:15:00 +0200 Nestlé Press Releases Thu, 17 Oct 2013 07:15:00 +0200 First Half 2013: improving RIG momentum drives profitable growth http://www.blandyland.com/media/pressreleases/allpressreleases/half-year-results-2013 Nestlé Half-Year Results 2013 459186 Thu, 08 Aug 2013 07:15:00 +0200 Nestlé Press Releases Thu, 08 Aug 2013 07:15:00 +0200 Nestlé first-quarter sales: 4.3% organic growth, full-year outlook confirmed http://www.blandyland.com/media/pressreleases/allpressreleases/q1-sales-2013 Nestlé Q1 Sales 2013 459981 Thu, 18 Apr 2013 07:15:00 +0200 Nestlé Press Releases Thu, 18 Apr 2013 07:15:00 +0200 FY 2012: Good performance across the board, Nestlé model delivered again http://www.blandyland.com/media/pressreleases/allpressreleases/full-year-results-2012 459061 Thu, 14 Feb 2013 07:15:00 +0100 Nestlé Press Releases Thu, 14 Feb 2013 07:15:00 +0100 150th anniversary in 2016 – Nestlé to create visitors centre in Henri Nestlé’s historic buildings in Vevey http://www.blandyland.com/media/pressreleases/allpressreleases/nestle-create-visitors-centre-vevey 459461 Tue, 12 Feb 2013 08:30:00 +0100 Nestlé Press Releases Tue, 12 Feb 2013 08:30:00 +0100 Nestlé completes acquisition of Pfizer Nutrition, enhancing its position in global infant nutrition http://www.blandyland.com/media/pressreleases/allpressreleases/pfizer-nutrition-closing 459941 Sat, 01 Dec 2012 00:30:00 +0100 Nestlé Press Releases Sat, 01 Dec 2012 00:30:00 +0100 黄片视频-A片视频网站-免费的黄片视频