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Sundaily (Asia) 02/25/2020 01:16
PETALING JAYA: Nestle (Malaysia) Bhd’s net profit for the fourth quarter ended Dec 31, 2019 rose 6.5% to RM131.82 million from RM123.82 million a year ago on the back of robust domestic sales. Its revenue, however, fell 1.4% to RM1.33 billion compared with RM1.35 billion previously, impacted by subdued export demand against the backdrop of regional and global uncertainties. The group recorded domestic sales growth of 2.8% or 4.7% after the adjustment for divestment of the chilled dairy business, driven by strong sales execution, product innovations and effective marketing activities. Nestle has proposed a final dividend of RM1.40 per share for FY19.
Financial Express (India) 02/21/2020 07:32
In their quarter earnings commentaries, both Unilever and Nestle SA said that their overall growth was pushed by India performance.
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Economic Times (India) 02/20/2020 20:49
New Delhi: The Delhi High Court has given interim relief to Nestle India by ordering a stay on the payment of outstanding penalty that the National Anti-Profiteering Authority (NAA) had directed the local arm of the Swiss fast-moving consumer goods firm to pay.In its order dated February 10, the court said the company had already paid Rs 16.58 crore of the total demand of Rs 89.73 crore and clamped a stay on the recovery of the balance amount.
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PizzaMarketplace.com 02/18/2020 08:09
Nespresso, the portioned coffee unit of Nestle, launched its first certified organic coffee, Peru Organic, as part of the company's Professional Origins coffee range, according to a news release. Other professional use, single-origin coffees in the line are sourced from…
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Zee News - India 02/17/2020 05:19
Equity benchmark indices on Monday (February 17) continued their downfall with Nifty closing below 12,100 level. The Sensex was down 202.05 points at 41,055.69, while the broader Nifty ended 67.70 points down at 12,045.80. Among major gainers on the Nifty were Titan Company, Nestle, TCS, Tata Steel, and Vedanta, while top losers were Yes Bank, Coal India, GAIL, and ONGC.
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NASDAQ 02/14/2020 09:50
Let me also point out that I think over 40-plus years, this investment has done very well for Nestle and Nestle shareholders, and that includes recent years.
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Big News Network (UAE) 02/14/2020 00:06
Employees, often from Nestle's research teams, can apply for funding to develop products via the company's internal ideas factory or "shark tank", while startups or students can work with Nestle scientists and resources, including lab space, at so-called "accelerators ...
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Benzinga 02/13/2020 15:25
Super Pleased' Nestle is "super pleased" with its organic growth as it matched management's guidance and is expected to continue growing in 2020 and beyond, Schneider said.
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Moneycontrol.com 02/13/2020 10:30
FMCG major Nestle India Ltd on Thursday reported a 38.40 per cent increase in net profit at Rs 473.02 crore for the quarter ended December, helped by volume growth.
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Hindu Business Line (India) 02/13/2020 10:11
Nestle India net surges 38% to ₹473 crore in December quarter.
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