Page 7 - Nestle

Nestle apologises for wrong depiction of Keibul Lamjao Park on packaging

FMCG major Nestle India on Friday apologised for wrongly depicting Manipur's Keibul Lamjao National Park location in Meghalaya on the packaging of its KitKat chocolate

Coffee lovers and home bakers drive strongest Nestle quarter in a decade

The maker of KitKat chocolate bars and Nespresso coffee confirmed its full-year and medium-term sales guidance.

Nestle India Q1 net profit up 15% to Rs 602 cr; total sales rise 8.9%

Its revenue from operations came in at Rs 3,610.8 crore, up 8.6 per cent from Rs 3,325 crore in the same period last year

Nestle recycles cocoa fruit waste to replace sugar in its chocolate

As confectionery groups scramble to reduce added sugar, chocolate sweetened with cocoa fruit pulp is about to hit supermarket shelves with food giant Nestle ready to launch its "Incoa" bar

Indian packaged food market to be double in 5-10 years: Nestle India CMD

This will be led by factors that include economic growth, demographic dividend and growing e-commerce, said Nestle India Chairman and Managing Director

Nestle reports 'high single-digit' growth in 2020 on the back of key brands

Key brands such as Maggi, Nescafe and KitKat posted robust growth in the Indian market in 2020, Nestle said in a post-earnings statement

Nestle outshines peers thanks to pet food, health products

Nestle proposed hiking its dividend 5 cents to 2.75 francs per share for 2020, its 26th consecutive increase

Nestle FY growth outshines peers thanks to pet food, health products

Full-year organic sales, which strip out currency swings, acquisitions and divestitures, grew 3.6% in 2020, ahead of Nestle's own guidance for "around 3%" and peer Unilever's 1.9% underlying sales

Sensex ends flat after volatile trade, holds 52k; IT stks dip, metals shine

The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 per cent and 0.43 per cent up, respectively

Nestle's outlook crunchy as ever, room for firm to go deeper into rural mkt

Focus on innovation, market share and product premiumisation seen boosting growth

Delhi HC postpones hearing on pleas against anti-profiteering to Feb 15

Petitions were listed today before the division bench for hearing, but due to elevation of one of the judges, a change in the roster is expected

Nestle to spend $3.6 billion over next 5 yrs to cut carbon footprint

The company is taking measures to halve its carbon emissions by 2030 and achieve net-zero emission by 2050, even as the company grows

Samvat 2077: Investors must look for safety first, tone down expectations

Given the sharp volatility, it is preferable to stick to leaders or top-tier players across sectors as they consolidate their position and gain market share

Nestle shrugs off Covid-19 impact thanks to pet food and health nutrition

The world's biggest food group has weathered the COVID-19 pandemic better than some peers as its focus on high-growth categories helped offset a slump in food sales to restaurants and cafes

Nestle raises full-year guidance after third quarter sales beats poll

For the first nine months of the year, Nestle's organic sales grew by 3.5%, compared to analysts' average estimate for 2.8%, according to a company-supplied consensus

Packaged food firms may witness growth rebound soon, say analysts

While reports of slower sales growth in August pulled down share prices on Monday, analysts say medium term outlook remains healthy

Nestle to buy Aimmune, valuing allergy treatment maker at $2.6 billion

Nestle said it was offering $34.50 per share for the remaining 74.4% in peanut allergy treatment maker Aimmune Therapeutics

Mondelez India expands portfolio, gears up to revamp operations

The firm now plans to expand its value-added bakery portfolio that it ventured into recently

Nestle cuts 2020 growth forecast as consumers ate into stockpiles in Q2

Swiss giant lowers its expectations for organic growth this year to 2-3%, from 'more than 3.5%' previously

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.