Log in
E-mail
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

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

NESTLÉ S.A.

(NESN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nestle S A : Nestlé expands blockchain to Zoégas coffee brand

04/06/2020 | 03:11am EST

Nestlé has expanded the use of the IBM Food Trust blockchain technology platform to its Zoégas coffee brand.

The company has launched select editions of Zoégas whole beans and roast & ground coffee in Sweden. This 'Summer 2020' range is a 100% Rainforest Alliance certified blend of arabica coffee beans from three origins - Brazil, Rwanda and Colombia. Through blockchain-recorded data, coffee lovers will now be able to trace their coffee back to the different origins.

For the first time, Nestlé partnered with a trusted third party - The Rainforest Alliance - to independently provide reliable data beyond what is usually disclosed by the company. The Rainforest Alliance provides their own certification information, guarantying the traceability of the coffee. This information is directly accessible to everyone with the IBM Food Trust blockchain platform.

By scanning the code on the packaging, consumers can follow the coffee journey from the growing locations to the Zoégas factory in Helsingborg where the beans are roasted, grounded and packed. The data includes information about farmers, time of harvest, transaction certificate for the specific shipments, as well as roasting period.

Nestlé started using blockchain in 2017 when it joined the IBM Food Trust as a founding member. Over the past three years, Nestlé has scaled up and diversified the use of blockchain platforms to bring its transparency and sustainability efforts to life for consumers. It started giving consumers access to blockchain with IBM on products such as Mousline purée and Guigoz infant formula in France. Together with OpenSC, Nestlé is also piloting open blockchain to monitor and openly communicate data related to the sustainability of milk and palm oil.

Nestlé continues to leverage technologies to create better visibility of the whole value chain of its products and lead in making supply chain more transparent.

Disclaimer

Nestlé SA published this content on 06 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2020 07:10:20 UTC


© Publicnow 2020
All news about NESTLÉ S.A.
02/25NESTLE S A : Nestlé's Aimmune Therapeutics Sees Positive Results From Trials for..
MT
02/25NESTLE S A : Transcript 312kb
PU
02/25NESTLE S A : A third of new parents feel lonely in a hyper-connected world
PU
02/24RECKITT BENCKISER : Lysol Maker's Shine Will Fade, Not Disappear--Heard on the S..
DJ
02/24NESTLE S A : Nestlé Acquires UK Company SimplyCook
MT
02/22NESTLE : JP Morgan remains its Buy rating
MD
02/22NESTLE : RBC reiterates its Neutral rating
MD
02/22NESTLE : Buy rating from Goldman Sachs
MD
02/22NESTLE : Jefferies remains Neutral
MD
02/22NESTLE S A : Independent Research Cuts Price Target on Nestle, Maintains Buy Rec..
MT
More news
Financials
Sales 2021 84 587 M 93 512 M 93 512 M
Net income 2021 11 747 M 12 987 M 12 987 M
Net Debt 2021 32 627 M 36 070 M 36 070 M
P/E ratio 2021 22,7x
Yield 2021 2,97%
Capitalization 271 B 300 B 300 B
EV / Sales 2021 3,59x
EV / Sales 2022 3,51x
Nbr of Employees 273 000
Free-Float 96,6%
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
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 114,66 CHF
Last Close Price 96,20 CHF
Spread / Highest target 35,1%
Spread / Average Target 19,2%
Spread / Lowest Target -2,29%
EPS Revisions
Managers and Directors
NameTitle
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.Capitalization (M$)
NESTLÉ S.A.-7.73%299 815
MONDELEZ INTERNATIONAL, INC.-7.58%76 311
DANONE S.A8.82%46 441
THE KRAFT HEINZ COMPANY7.53%45 588
GENERAL MILLS, INC.-4.42%34 143
ARCHER-DANIELS-MIDLAND COMPANY13.77%32 025