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    NESN   CH0038863350

NESTL╔ S.A.

(NESN)
  Report
Delayed Swiss Exchange  -  11:31:24 2023-01-27 am EST
109.54 CHF   -0.24%
01/27Nestle to invest $100 million in Colombia, says Colombia president
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01/26Greenwashing on food, drink, toiletry labels to be scrutinised in UK
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Fake account shows 'challenges' with Twitter - Lilly CEO (Nov 16)

11/16/2022 | 02:41pm EST

Nov 16 (Reuters) - Eli Lilly & Co Chief Executive Officer Dave Ricks said on Wednesday that the recent imposter Twitter account incident "demonstrates some of the challenges" on the social media platform.

Twitter recently saw a surge in fake accounts, with the blue verification check purporting to be listed companies such as Lilly, Nestle and Lockheed Martin following the launch of an $8

subscription service, which has since been halted.

Speaking at the STAT Summit 2022, Ricks described the incident as "disappointing".

The drugmaker had issued an apology from its official Twitter account, @LillyPad, after an imposter Twitter account with the handle @EliLillyandCo tweeted that insulin would be free, amid political backlash and scrutiny into high medicine costs.

"Probably also in the long term (the incident) highlights that we have more work to do to bring down the cost of insulin for more people," added Ricks. (Reporting by Bhanvi Satija in Bengaluru; Editing by Maju Samuel)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
LOCKHEED MARTIN CORPORATION -0.05% 459.6 Delayed Quote.-5.53%
NESTLÉ S.A. -0.24% 109.54 Delayed Quote.2.24%
All news about NESTL╔ S.A.
01/27Nestle to invest $100 million in Colombia, says Colombia president
RE
01/26Greenwashing on food, drink, toiletry labels to be scrutinised in UK
RE
01/24Unilever's dominance in India helps it raise prices, pinching rural poor
RE
01/19Here's what Twitter lost in advertising revenue in final months of 2022
RE
01/19NESTLE : Goldman Sachs reiterates its Buy rating
MD
01/19NESTLE : Berenberg reaffirms its Buy rating
MD
01/18NESTLE : Jefferies from Sell to Neutral
MD
01/18Barry Callebaut pares back targeted volume growth
RE
01/13NESTLE : Buy rating from UBS
MD
01/12NESTLE : Upgraded to Buy by Deutsche Bank
MD
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Analyst Recommendations on NESTL╔ S.A.
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Financials
Sales 2022 94 824 M 103 B 103 B
Net income 2022 11 414 M 12 392 M 12 392 M
Net Debt 2022 43 671 M 47 414 M 47 414 M
P/E ratio 2022 25,9x
Yield 2022 2,71%
Capitalization 302 B 328 B 328 B
EV / Sales 2022 3,65x
EV / Sales 2023 3,57x
Nbr of Employees 276 000
Free-Float 97,9%
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Technical analysis trends NESTL╔ S.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 109,54 CHF
Average target price 119,95 CHF
Spread / Average Target 9,51%
EPS Revisions
Managers and Directors
Ulf Mark Schneider Chief Executive Officer & Director
Franšois-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Paul Bulcke Chairman
Stefan Palzer Chief Technology Officer & Executive VP
Magdi Batato Head-Operations & Executive Vice President
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