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
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Nestlé S.A.
  6. News
  7. Summary
    NESN   CH0038863350

NESTLÉ S.A.

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

Nestle S A : Nestlé supports reskilling drive in Europe

05/07/2021 | 08:10am EDT

The job landscape in Europe is undergoing significant change, meaning that many workers are looking to learn new skills that will help them get in-demand jobs.

Closing the skills gap will improve people's lives and ensure competitiveness in Europe. That is why Nestlé is backing a new initiative - Reskilling 4 Employment (R4E) - launched by the European Round Table for Industry (ERT).

The goal is to reskill 1 million adults of all ages in Europe by 2025, with help from the public, private and social sectors.

The R4E initiative aims to shift towards an end-to-end model for adult training. Candidates are made aware of the opportunities and embrace the need to change occupation. Then they are trained, placed and mentored into a future-proof job.

In its first year, R4E will begin with pilot projects in 3 EU member states: Portugal, Spain and Sweden. The companies championing the program in this first wave include Nestlé and other ERT members.

This announcement comes as the EU Social Summit is taking place in Porto on May 7 and 8, with EU leaders discussing the social policy agenda for the next decade.

Boosting digital skills
With the food and beverage industry experiencing rapid change in recent years, Nestlé is very aware of the need to constantly learn new skills. A great example of how it is helping its own employees stay up to date and explore new options is the Nestlé eBusiness Academy.

The Nestlé eBusiness Academy allows employees, trainees and apprentices to gain digital know-how. The eLearning has been developed under a gaming format. It allows employees to have fun while learning. Users progress with their lessons by collecting points, unlocking badges and competing with each other. Icing on the cake: employees can obtain a certificate once they've completed their learning path.

With the eBusiness Academy, Nestlé also wants to support young people get the right digital competences. As part of the Nestlé needs YOUth program, a specific learning path has been developed for Nestlé's young employees, trainees and apprentices in relevant roles. In 2020, Nestlé announced it will create 40,000 jobs, apprenticeships and traineeships for young people across EMENA region.

For more information on R4E, read the ERT news release.

Disclaimer

Nestlé SA published this content on 07 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 May 2021 12:09:06 UTC.


© Publicnow 2021
All news about NESTLÉ S.A.
06/11PRESS RELEASE : EQS Group AG acquires Business Keeper GmbH
DJ
06/10Glencore, Other Swiss Multinationals to Get Government Support Amid G7's New ..
MT
06/09Beech-Nut Nutrition to Exit Single Grain Rice Cereal Baby Food, Recalls One L..
DJ
06/02Datwyler To Invest Up To $144.8 Million In 2021 To Expand Production Capacity
MT
06/01U.S. meat giant Tyson Foods to launch plant-based food in Asia-Pacific
RE
06/01NESTLE S A  : Nestlé Malaysia Offers Meals For Frontline Worker At COVID-19 Vacc..
MT
06/01ARYZTA  : Hires Nestlé Executive as CFO
MT
05/31NESTLE S A  : Nestlé to Update Nutrition, Health Strategy Following Unhealthy Pr..
MT
05/31NESTLE S A  : under fire over unhealthy products, working on new strategy
RE
05/31Nestle Updating Nutrition Strategy Amid Report of Health-Rating Shortcomings
DJ
More news
Financials
Sales 2021 85 616 M 95 299 M 95 299 M
Net income 2021 11 993 M 13 349 M 13 349 M
Net Debt 2021 32 923 M 36 646 M 36 646 M
P/E ratio 2021 26,6x
Yield 2021 2,50%
Capitalization 321 B 357 B 357 B
EV / Sales 2021 4,13x
EV / Sales 2022 4,00x
Nbr of Employees 273 000
Free-Float 97,7%
Chart NESTLÉ S.A.
Duration : Period :
Nestlé S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NESTLÉ S.A.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 118,27 CHF
Last Close Price 113,82 CHF
Spread / Highest target 18,6%
Spread / Average Target 3,91%
Spread / Lowest Target -14,8%
EPS Revisions
Managers and Directors
NameTitle
Ulf Mark Schneider Chief Executive Officer & Director
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Paul Bulcke Chairman
Stefan Palzer Chief Technology Officer & Executive VP
Magdi Batato Head-Operations & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
NESTLÉ S.A.9.17%356 513
MONDELEZ INTERNATIONAL, INC.9.08%91 378
YIHAI KERRY ARAWANA HOLDINGS CO., LTD-15.28%77 758
THE KRAFT HEINZ COMPANY25.27%53 109
DANONE10.44%46 738
GENERAL MILLS, INC.6.41%38 135