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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Nestlé    NESN   CH0038863350

NESTLÉ (NESN)
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Nestle : Nestlé and Alliance for YOUth offer 150,000 young people in Europe jobs and training

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11/05/2018 | 09:13am CET

Nestlé and its Alliance for Youth partner companies have delivered on their pledge to offer 150,000 young people in Europe jobs and apprenticeships or traineeships over the last two years.

The announcement comes as Nestlé celebrates European Vocational Skills Week with a range of factory visits, workshops, roundtables, careers days and youth training events across Europe.

Alliance for YOUth is also joining forces with JA Europe, the continent's largest provider of education programmes for entrepreneurship, work readiness and financial literacy in Europe, to support 500 secondary school and vocational students to achieve the Entrepreneurial Skills Pass.

Marco Settembri, Nestlé's for Zone : 'I am very happy to see that we have altogether delivered on our pledge to offer jobs and training opportunities to about 150,000 young people in the last two years. We will continue to step up efforts to strengthen business-education collaboration and invest in young people's future.'

A business-driven initiative with over 200+ member companies in Europe, Alliance for YOUth is on track to deliver on its commitments to provide 230,000 job and training opportunities to young people across Europe, Middle East and North Africa (EMENA) by 2020.

Nestlé Needs YOUth is the company's global youth initiative that supports its ambition to help 10 million young people worldwide access economic opportunities by 2030.

Read the full press release (pdf, 95 Kb)

Disclaimer

Nestlé SA published this content on 05 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 November 2018 08:12:14 UTC

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Financials (CHF)
Sales 2018 91 522 M
EBIT 2018 15 265 M
Net income 2018 11 276 M
Debt 2018 27 806 M
Yield 2018 2,97%
P/E ratio 2018 22,54
P/E ratio 2019 21,01
EV / Sales 2018 3,12x
EV / Sales 2019 3,03x
Capitalization 258 B
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 87,1  CHF
Spread / Average Target 3,5%
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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