Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Nestlé S.A.
  6. News
  7. Summary
    NESN   CH0038863350

NESTLÉ S.A.

(NESN)
  Report
Delayed Quote. Delayed Swiss Exchange - 10/22 11:31:56 am
117.06 CHF   +0.15%
10/22NESTLE : Barclays keeps its Buy rating
MD
10/21THE ONLY WAY IS UP : corporate chiefs warn on prices
RE
10/21VC DAILY : ShouTi Lands $100 Million to Develop Pills for Chronic Diseases
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nestle S A : Food for thought? Nestle taps students and startups in R&D drive

08/30/2021 | 10:12am EDT
FILE PHOTO: Plant-based sausage is seen during the launch of Nestle R&D Accelerator in Konolfingen

LAUSANNE, Switzerland (Reuters) - Food group Nestle inaugurated the biggest site for its "R&D Accelerator" programme on Monday, aiming to work with startups and students to speed the development of new products.

The food industry has to be nimble to keep pace with consumers increasingly concerned about their health and the planet, who want to eat products with less meat, salt, sugar and fat, and made from natural, locally sourced ingredients.

Launched in 2019, Nestle's R&D Accelerator programme has 12 sites in eight countries so far. The site inaugurated on Monday, in the Swiss city of Lausanne, can host 20 projects per year.

A group of food technology students there presented their "tempeh", dim sum made from fermented soybeans, while employees showed off an energy drink made from olive leaf powder.

"Many trends are created by startups, they were behind the first plant-based products," Nestle's Chief Technology Officer Stefan Palzer told reporters. "If our people work with them, it creates an innovation culture, it's contagious."

(Reporting by Silke Koltrowitz; Editing by Pravin Char)

By Silke Koltrowitz


© Reuters 2021
All news about NESTLÉ S.A.
10/22NESTLE : Barclays keeps its Buy rating
MD
10/21THE ONLY WAY IS UP : corporate chiefs warn on prices
RE
10/21VC DAILY : ShouTi Lands $100 Million to Develop Pills for Chronic Diseases
DJ
10/21Fed's Quarles Warns of Extended High Inflation; Paycheck Protection Program May Have Ma..
DJ
10/21NESTLE : Goldman Sachs gives a Buy rating
MD
10/21NESTLE : Gets a Buy rating from UBS
MD
10/21Unilever warns of more price hikes as inflation worsens
RE
10/20ADRs End Mixed; Stealth BioTherapeutics, Nestlé Among Companies Trading Actively
DJ
10/20European Stocks Close Higher as Investors Digest Mixed Corporate Results
MT
10/20NESTLE : Baader Bank keeps its Buy rating
MD
More news
Analyst Recommendations on NESTLÉ S.A.
More recommendations
Financials
Sales 2021 86 873 M 94 865 M 94 865 M
Net income 2021 12 129 M 13 245 M 13 245 M
Net Debt 2021 35 712 M 38 998 M 38 998 M
P/E ratio 2021 27,0x
Yield 2021 2,44%
Capitalization 322 B 351 B 352 B
EV / Sales 2021 4,12x
EV / Sales 2022 3,95x
Nbr of Employees 273 000
Free-Float 97,6%
Chart NESTLÉ S.A.
Duration : Period :
Nestlé S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NESTLÉ S.A.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 117,06 CHF
Average target price 123,31 CHF
Spread / Average Target 5,34%
EPS Revisions
Managers and Directors
Ulf Mark Schneider Chief Executive Officer & Director
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Paul Bulcke Chairman
Stefan Palzer Chief Technology Officer & Executive VP
Magdi Batato Head-Operations & Executive Vice President
Sector and Competitors
1st jan.Capi. (M$)
NESTLÉ S.A.12.28%351 210
MONDELEZ INTERNATIONAL, INC.3.51%84 596
YIHAI KERRY ARAWANA HOLDINGS CO., LTD-41.62%53 700
THE KRAFT HEINZ COMPANY4.96%44 507
DANONE4.41%42 494
GENERAL MILLS, INC.6.28%37 965