Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Deutsche Boerse AG  >  FRoSTA AG    NLM   DE0006069008

FROSTA AG

(NLM)
  Report  
Delayed Quote. Delayed Deutsche Boerse AG - 09/20 07:49:03 am
51.5 EUR   -0.96%
2017FROSTA : examining takeover of Nestle's Italian frozen food business
RE
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector news

Frosta : examining takeover of Nestle's Italian frozen food business

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/10/2017 | 06:41am EDT
The Nestle logo is pictured on the company headquarters building in Vevey

ZURICH (Reuters) - German food company Frosta (>> FRoSTA AG) said on Monday it was talking to KitKat maker Nestle (>> Nestle SA) about buying its Italian frozen food business.

ZURICH (Reuters) - German food company Frosta (>> FRoSTA AG) said on Monday it was talking to KitKat maker Nestle (>> Nestle SA) about buying its Italian frozen food business.

Frosta has entered exclusive negotiations to buy the business, which includes the brands La Valle Degli Orti, Mare Fresco and Surgela, the Bremerhaven-based company said.

"In the framework of the exclusivity Frosta is currently examining whether such an investment would be beneficial for the company," it said in a statement.

(Reporting by John Revill)

Stocks treated in this article : FRoSTA AG, Nestle SA
Stocks mentioned in the article
ChangeLast1st jan.
FROSTA AG -0.96% 51.5 Delayed Quote.-18.90%
NESTLÉ S.A. -0.90% 106.26 Delayed Quote.34.36%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FROSTA AG
2017FROSTA : examining takeover of Nestle's Italian frozen food business
RE
More news
Financials (EUR)
Sales 2019 532 M
EBIT 2019 22,7 M
Net income 2019 15,2 M
Debt 2019 30,4 M
Yield 2019 2,39%
P/E ratio 2019 23,2x
P/E ratio 2020 14,1x
EV / Sales2019 0,72x
EV / Sales2020 0,65x
Capitalization 351 M
Chart FROSTA AG
Duration : Period :
FRoSTA AG Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 71,00  €
Last Close Price 51,50  €
Spread / Highest target 43,7%
Spread / Average Target 37,9%
Spread / Lowest Target 32,0%
EPS Revisions
Managers
NameTitle
Felix Ahlers Chairman-Executive Board
Dirk Ahlers Chairman-Supervisory Board
Jürgen Marggraf Vice President-Operations
Jürgen Schimmelpfennig Member-Supervisory Board
Oswald Barckhahn Deputy Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
FROSTA AG-18.90%386
NESTLÉ S.A.34.36%308 874
MONDELEZ INTERNATIONAL36.52%78 814
DANONE30.78%57 331
FOSHAN HAITIAN FLAVOURING & FOOD CO LTD60.29%42 313
THE KRAFT HEINZ COMPANY-34.62%34 331