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  >  Swiss Exchange  >  Nestlé    NESN   CH0038863350

NESTLÉ

(NESN)
My previous session
Most popular
  Report  
Delayed Quote. Delayed Swiss Exchange - 02/15 11:32:04 am
89.1 CHF   +1.18%
02/15NESTLE : reports full-year results for 2018
AQ
02/15U.S., China Sales Boost Nestlé Growth Strategy -- WSJ
DJ
02/14Germany's JAB plans to list unit owning Keurig, Dr Pepper
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Nestle : Margin concerns dampen L'Oreal shares after solid sales report

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/08/2019 | 03:56am EST
FILE PHOTO: A cosmetic display of French cosmetics group L'Oreal is seen at a duty free shop at the Nice International Airport, in Nice

PARIS (Reuters) - Disappointment about margins dampened enthusiasm for L'Oreal's shares on Friday even after the world's biggest beauty company reported forecast-beating sales figures for the fourth quarter.

Shares in L'Oreal, which reported its sales figures late on Thursday, initially rose 1 percent but were just 0.1 percent higher by 0848 GMT. The stock is still near a record high and 7 percent up on the start of 2019.

"Overall, the results were ahead of expectations on fourth quarter top-line, but below on second half margins and earnings per share growth," wrote Andrew Wood, an analyst at brokerage Bernstein.

The owner of Lancome said strong Chinese demand for luxury skin creams had helped it beat sales forecasts in the last three months of 2018.

Sales rose 2.8 percent for the quarter in that division on a like-for-like basis, which strips out currency effects and acquisitions, up from 2.3 percent a quarter earlier.

For 2018 as a whole, operating profit rose 5.3 percent to 4.7 billion euros (£4.1 billion), giving a margin of 18.3 percent of sales, up from 18 percent at the end of 2017.

Earnings per share rose 6.5 percent to 7.08 euros.

Analysts at JP Morgan said the stock was vulnerable after hitting its record high this week.

"L'Oreal's share price has had a strong run ahead of results and could be prey to profit taking in the face of a likely muted increase in full year consensus 2019 figures," wrote JP Morgan.

(Reporting by Sudip Kar-Gupta and Sarah White; Additional reporting by Helen Reid and Josephine Mason; Editing by Leigh Thomas)

Stocks mentioned in the article
ChangeLast1st jan.
L'ORÉAL 0.59% 221.8 Real-time Quote.10.24%
NESTLÉ 1.18% 89.1 Delayed Quote.11.65%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NESTLÉ
02/15NESTLE : reports full-year results for 2018
AQ
02/15U.S., China Sales Boost Nestlé Growth Strategy -- WSJ
DJ
02/14Germany's JAB plans to list unit owning Keurig, Dr Pepper
RE
02/14European shares give up three-month highs after shock U.S. data
RE
02/14NESTLE : Suitors 'lining up' to buy Nestle Skin Health - CEO
RE
02/14EUROPE MARKETS: Trade Optimism Helps European Stocks Shrug Off Growth Fears
DJ
02/14GLOBAL MARKETS LIVE : Google, Airbus, Volkswagen, Cisco…
02/14Nestle's overhaul starts to pay off as growth accelerates
RE
02/14Nestlé's Revival Plan Starts to Pay Off
DJ
02/14NESTLE : profit rise amid deal-making, eyes future of Herta
AQ
More news
Financials (CHF)
Sales 2019 94 967 M
EBIT 2019 16 045 M
Net income 2019 11 613 M
Debt 2019 32 944 M
Yield 2019 2,95%
P/E ratio 2019 22,75
P/E ratio 2020 20,11
EV / Sales 2019 3,22x
EV / Sales 2020 3,09x
Capitalization 273 B
Chart NESTLÉ
Duration : Period :
Nestlé Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NESTLÉ
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 92,6  CHF
Spread / Average Target 4,0%
EPS Revisions
Managers
NameTitle
Ulf Mark Schneider Chief Executive Officer & Director
jeff hamilton President
Paul Bulcke Chairman
Magdi Batato Executive Vice President-Operations
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
NESTLÉ11.65%271 385
MONDELEZ INTERNATIONAL20.31%69 551
THE KRAFT HEINZ COMPANY9.99%58 069
DANONE6.80%50 824
GENERAL MILLS14.36%26 878
ARCHER-DANIELS-MIDLAND COMPANY3.10%23 536