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    NESN   CH0038863350

NESTL╔ S.A.

(NESN)
  Report
Delayed Swiss Exchange  -  11:30 2022-12-06 am EST
111.58 CHF   +0.25%
12/05NESTLE : Bernstein gives a Neutral rating
MD
12/05Bernstein Lowers Price Target on Nestle, Maintains Market Perform Recommendation
MT
12/05European shares slip on recession fears, China optimism limits losses
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Nestle to invest $1.86 billion in Saudi Arabia over 10 years -ministry

11/23/2022 | 01:55pm EST
FILE PHOTO: Swiss national flag flies beside a flag of the canton of Bern in front of the logo of Nestle in Konolfingen

CAIRO (Reuters) - Nestle will invest 7 billion Saudi riyals ($1.86 billion) in Saudi Arabia over 10 years, the kingdom's investment ministry said on Twitter on Wednesday.

The ministry added it signed a memorandum of understanding with Nestle in the field of food industries saying it includes establishing a factory and a research and development centre.

The company plans an initial investment of 375 million riyals in Saudi Arabia, it said.

($1 = 3.7582 riyals)

(Reporting by Yasmin Hussein; Editing by Chris Reese)


ę Reuters 2022
All news about NESTL╔ S.A.
12/05NESTLE : Bernstein gives a Neutral rating
MD
12/05Bernstein Lowers Price Target on Nestle, Maintains Market Perform Recommendation
MT
12/05European shares slip on recession fears, China optimism limits losses
RE
12/02NESTLE : Deutsche Bank gives a Neutral rating
MD
12/01NESTLE : Buy rating from JP Morgan
MD
12/01NESTLE : Deutsche Bank reiterates its Neutral rating
MD
11/30NESTLE : Gets a Neutral rating from Credit Suisse
MD
11/30Nestle outlines value creation model and 2025 targets at investor seminar
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11/30MarketScreener's World Press Review : November 30, 2..
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11/30Nestle S A : Presentation 1MB
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More news
Analyst Recommendations on NESTL╔ S.A.
More recommendations
Financials
Sales 2022 95 002 M 101 B 101 B
Net income 2022 11 718 M 12 475 M 12 475 M
Net Debt 2022 42 330 M 45 064 M 45 064 M
P/E ratio 2022 26,1x
Yield 2022 2,67%
Capitalization 308 B 328 B 328 B
EV / Sales 2022 3,69x
EV / Sales 2023 3,54x
Nbr of Employees 276 000
Free-Float 97,9%
Chart NESTL╔ S.A.
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NestlÚ S.A. Technical Analysis Chart | MarketScreener
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Technical analysis trends NESTL╔ S.A.
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TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 111,58 CHF
Average target price 118,83 CHF
Spread / Average Target 6,50%
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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