Nestlé S.A. is the largest food and drink company in the world (in terms of revenue). The firm is based in Vevey, Switzerland.
Nestlé has operations in over 194 countries and has a total of around 333,000 employees.
Its product lines include: ice cream, breakfast cereals, frozen food, bottled water, baby good, confectionery, dairy products, tea, coffee, performance and healthcare nutrition, pet food, and snacks.
The company was created in 1905 following a merger of the Anglo-Swiss Milk Company and Farine Lactée Henri Nestlé.
It is one of the most profitable companies in the world, according to the Fortune Global 500.
Nestlé S.A. is publicly listed on the SIX Swiss Exchange and Euronext.
Some of Nestlé’s brands include:
Coffee and tea: Coffee mate, Dolce Gusto, Nescafé, Nespresso, Nestea, Ricoré, Spetial.T., Sweet Leaf Tea
Baby food: Cerelac, Gerber, Nido
Bottled water: Aquarel, Arrowhead Water, Cristalp, Contrex, Deer Park Spring Water, Ice Mountain, Nestlé Pure Life, Ozarka, Perrier, Poland Spring, San Pellegrino, Vittel
Confectionery: Aero, After Eight, Baby Ruth, Big Turk, Butterfinger, Butter-Menthol, Caramac, Cailler, Coffee Crisp, Galak/Milky Bar, Lion Bar, Nestlé Crunch, Quality Street, Rolo, Rowntree products, Smarties, Toffee Crisp
Cereals: Cheerios, Chocapic, Cookie Crisp, Golden Nuggets, Nesquik, Nestle Fitness, Shreddies, Trix
Pet food: Dog Chow, Felix, Friskies, Purina ONE, Winalot
Frozen food: Delissio, DiGiorno, Herta, Hot Pockets, Lean Cuisine, Stouffer’s
Nestlé S.A. – Company Information
Chairman and CEO: Muhtar Kent- Industry: Food and Drink
- Type: Public
- Listed on the SIX Swiss Exchange and Euronext
- SIX stock symbol: NESN
- Euronext stock symbol: NESTS
- Sales: 92,158 million CHF (2013)
- Earnings (loss) per share: 3.14 CHF (2013)
- Total assets: 120,442 million CHF (2013)
- Founded: 1905
- Headquarters: Avenue Nestlé 55, 1800 Vevey, Switzerland
- Employees: 333,000 (2013)
- Website: http://www.nestle.com/
- Investor relations contact number: +41 21 924 3509
- Investor relations email: [email protected]
Nestlé S.A. – Financial Results
| Income statement data (in CHF millions) | 2013 | 2012 |
| Sales | 92,158 | 89,721 |
| Other revenue | 215 | 210 |
| Cost of goods sold | 48,111 | 47,500 |
| Distribution expenses | 8,156 | 8,017 |
| Marketing and administration expenses | 19,711 | 19,041 |
| Research and development costs | 1,503 | 1,413 |
| Other trading income | 120 | 141 |
| Other trading expenses | 965 | 637 |
| Trading operating profit | 14,047 | 13,464 |
| Operating profit | 13,068 | 13,388 |
| Profit for the year | 10,445 | 10,677 |
| Balance sheet data (in CHF millions) | ||
| Total assets | 120,442 | 125,877 |
| Total liabilities | 56,303 | 63,213 |
| Total shareholders’ equity | 62,575 | 61,007 |
| Total equity | 64,139 | 62,664 |
| Common share data (in CHF) | ||
| Basic earnings per share | 3.14 | 3.21 |
| Diluted earnings per share | 3.13 | 3.20 |
Source: “Nestlé S.A. Financial Statements 2013”
News about Nestlé S.A. reported by Market Business News:
June 30, 2014: Nestlé UK & Ireland has made a Living Wage commitment, i.e. it will ensure all its employees and those working for its contractors earn enough to cover the basic costs of living. While already paying its 8,000 Irish and British employees a living wage, the company says it aims to make sure its contractors do the same by the end of 2017.