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    NESN   CH0038863350

NESTLÉ S.A.

(NESN)
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Delayed Swiss Exchange  -  11:31 2022-08-05 am EDT
115.50 CHF   -1.18%
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Part of Nestle's Supply-Chain Operations in Ukraine Is Currently Running

03/03/2022 | 06:45am EDT

By Giulia Petroni


A limited part of Nestle's supply-chain operations in central and western Ukraine is currently running after the company temporarily closed its factories, warehouses and supply chain last week after Russia's invasion, a spokesperson said on Thursday.

The Swiss food-and-beverage company, which has three factories and around 5,000 employees in Ukraine, said part of these operations are running "in places where it is safe to do so", and it remains committed to ensure the delivery of essential food and beverages to the local population.


Write to Giulia Petroni at giulia.petroni@wsj.com


(END) Dow Jones Newswires

03-03-22 0645ET

Stocks mentioned in the article
ChangeLast1st jan.
NESTLÉ S.A. -1.18% 115.5 Delayed Quote.-9.37%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.47% 60.5157 Delayed Quote.-17.48%
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Analyst Recommendations on NESTLÉ S.A.
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Financials
Sales 2022 94 129 M 97 576 M 97 576 M
Net income 2022 11 847 M 12 281 M 12 281 M
Net Debt 2022 41 367 M 42 882 M 42 882 M
P/E ratio 2022 26,9x
Yield 2022 2,57%
Capitalization 319 B 330 B 330 B
EV / Sales 2022 3,83x
EV / Sales 2023 3,69x
Nbr of Employees 276 000
Free-Float 97,9%
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Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 115,50 CHF
Average target price 124,68 CHF
Spread / Average Target 7,94%
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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
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