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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Nestlé S.A.    NESN   CH0038863350

NESTLÉ S.A.

(NESN)
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Nestle S A : Purina announces the second BetterwithPets Prize

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12/02/2019 | 09:00am EST

NestlePurina, in collaboration with Ashoka (a pioneer in the field of social entrepreneurship), has announced the launch of the second BetterwithPets Prize, which offers up to CHF 120,000 to social innovators who are harnessing the power of the pet-human bond.

New for this second edition are two application streams and an expanded geographical scope. Purina is on the search for social innovations both piloted/implemented and idea-stage that are focused on harnessing the mutual positive power of the pet-human bond for the health and wellbeing of society. The latter stream, idea-stage innovations, is specifically aimed at young innovators, from 18 to 25 years old.

Now accessible to more countries across Europe, Middle East and North Africa, the 2020 Prize application process will be open from November 25, 2019 and will close on January 28, 2020.

Applicants for the Purina BetterwithPets Prize will get the chance to win prizes totalling CHF 120,000, up to CHF 100,000 for piloted/implemented innovations and up to CHF 20,000 for idea-stage innovations. In addition, the finalists from the piloted/implemented innovations stream will be eligible to participate in an accelerator program whereas the finalists from idea-stage innovations will have the opportunity to participate in a co-creation lab, both designed to support finalists in the development of their projects.

A total of ten finalists will be invited to attend the Purina BetterwithPets Forum in France on 3-4 June 2020, where the winners will be announced.

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (CHF)
Sales 2019 93 280 M
EBIT 2019 16 459 M
Net income 2019 12 483 M
Debt 2019 27 448 M
Yield 2019 2,49%
P/E ratio 2019 25,8x
P/E ratio 2020 24,5x
EV / Sales2019 3,67x
EV / Sales2020 3,71x
Capitalization 314 B
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 111,84  CHF
Last Close Price 108,90  CHF
Spread / Highest target 12,0%
Spread / Average Target 2,70%
Spread / Lowest Target -16,4%
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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
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