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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Nestlé    NESN   CH0038863350

NESTLÉ (NESN)
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Nestle : Nescafé celebrates 80 years of sharing love for coffee

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09/29/2017 | 01:21pm CEST

On International Coffee Day this October 1st, Nescafé is starting its 80th anniversary celebrations and sharing our love for coffee.

Half a billion people enjoy Nescafé every day, in over 180 countries around the world. This makes Nescafé the number one coffee brand worldwide. It also features in the Top 50 global brands overall at number 36, as ranked by Interbrand.

So who better to bring people together on a day dedicated to celebrating coffee? That is why in local communities and cities across the world, Nescafé pop-up cafés are inviting young people to connect with others and explore the quality and creativity of a delicious sustainable coffee.

From Seoul to Sydney, from Beijing to Berlin, from Milan to Kingston, the pop-up cafés will share our passion and craft for making great coffee. Starting with the farmers growing quality beans and the experts mastering the blends, through to making and enjoying coffee with friends.

Barista-hosted open sessions give young coffee-lovers the chance to make their own coffee creations and take up the challenge to become their own barista.

For the third year running, Nescafé is engaging coffee lovers everywhere with its #GoodMorningWorld campaign.

Nestlé first introduced their flagship Nescafé coffee brand in Switzerland on 1 April 1938. Nestlé is the world's largest coffee producer, with brands including Nescafé, Nescafé Dolce Gusto, and Nespresso.

Nestlé SA published this content on 29 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 September 2017 11:19:06 UTC.

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Financials (CHF)
Sales 2018 91 666 M
EBIT 2018 15 141 M
Net income 2018 11 154 M
Debt 2018 27 005 M
Yield 2018 3,08%
P/E ratio 2018 21,99
P/E ratio 2019 20,07
EV / Sales 2018 2,99x
EV / Sales 2019 2,90x
Capitalization 247 B
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 86,6  CHF
Spread / Average Target 7,5%
EPS Revisions
Managers
NameTitle
Ulf Mark Schneider Chief Executive Officer & Director
Paul Bulcke Chairman
Magdi Batato Executive Vice President-Operations
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Stefan Palzer Chief Technology Officer
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