What the analysts say: Nestle's solid finish to 2014
Nestle revealed today (19 February) that full-year earnings rose on one-time gains and improved margins. Net sales were down due to the impact of currency exchange but the company booked organic sales growth of 4.5%. The sales performance met consensus expectations but came in below the "Nestle Model" that targets organic growth of 5-6% in the medium term. Shares in the Swiss food giant remained relatively flat this morning, reflecting the market's lukewarm response to Nestle's outlook - with sales expected to grow by "around 5%" in 2015 - and concerns over currency exchange.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- Have food promotions reached tipping point?
- The key questions for digital strategists in 2017
- How Tyson's new CEO plans to grow the meat group
- Mondelez goes beyond certified cocoa - analysis
- Nestle unveils process to cut sugar by 40%
- Unilever sets new margin target with help from ZBB
- Unilever focuses on "value" of spreads arm
- McCormick to buy flavours business Enrico Giotti
- Amnesty - Global brands profit from labour abuses