Hsu Fu Chi

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Innovation, pricing, plant-based, China - the top takeaways from Nestle's H1 results

29 Jul 2019

Nestle discusses its first-half financial results, the "challenge" of innovation, pressure on pricing and conditions in China.

China food market growth "lowest for decade" - Nestle

26 Jul 2019

After reporting a set of half-year results that drew a positive response from the market, Nestle remarked how China had been a factor in the slowing growth from its Asia division.

Nestle on China, confectionery challenge and nutrition slowdown – 5 things to learn 

19 Aug 2016

Delivering its first-half numbers yesterday (18 August), Nestle reported a stronger operating performance but a sluggish organic growth rate. Here are just-food's five takeaways from the company's results.

Nestle's sales miss - 10 things to learn

16 Oct 2015

Nestle missed analyst expectations for its sales growth today (16 October), when the world's largest food maker reported sales of CHF64.8bn (US$73.8bn) for the nine months to the end of September. The 2% decline was steeper than analysts had expected, with consensus forecasts predicting a sales dip of 0.8%. The closely watched organic growth rate also failed to meet expectations, with analysts predicting a 4.7% gain versus Nestle's organic growth of 4.2%. Here are 10 key points to take away from Nestle's year-to-date performance.

On the move: Why China was central to Nestle executive change

28 Apr 2015

Nestle's operations in Asia, Oceania and Africa have had a challenging few quarters. CFO Wan Ling Martello has been asked to take charge of the division to try to revitalise its performance - and must focus on China.

China briefing: Multinationals vie for place at table

29 Nov 2013

With an increasingly affluent population of more than 1.36bn mouths to feed the potential offered by China's food sector is immense. But the size of the opportunity does not, in itself, guarantee success. Competition is fierce as multinational food groups and local players alike look to grow their share of this vast pie. Katy Askew examines the competitive dynamics of the Chinese food sector.

CHINA: Nestle China growth accelerating - regional chief

18 Jul 2013

Nestle is driving revenue growth ahead of the market in China, where sales gains have accelerated this year, Nestle regional chief Roland Decorvet has indicated.

Comment: Nestle's China investment shows need to think local

15 Jul 2013

Success in emerging markets is dependent on the ability to think locally. However, while domestic players do have the home field advantage, multinational corporations benefit from stringent internal structures and expertise in areas such as supply chain management. Could the best way to drive growth be to combine the strengths of each, creating "multi-local" operations? Nestle would seem to think so.

Best bits: Nestle China boss espouses benefits of thinking local

17 Jun 2013

To succeed in emerging markets, you have to think - and act - locally. That was the central message from just-food's interview with the boss of Nestle's business in Greater China, Roland Decorvet.

The just-food interview part two: Nestle "best placed" to meet Chinese challenge

13 Jun 2013

Nestle is witnessing dynamic growth in China thanks to a combination of M&A and organic growth. As we discovered in part one of this two part interview, regional chief Roland Decorvet attributes much of this success to Nestle's use of local and global brands. But operating in China is not without its challenges. Katy Askew caught up with Decorvet to find out more about why he believes Nestle is best-placed of all the multinationals to succeed in China.

The just-food interview part one: Nestle China CEO sees dynamic growth

13 Jun 2013

The potential offered by the Chinese market is nothing new. And nor is Nestle's presence in the country. The world's largest food group started trading in Hong Kong in 1874 and opened its first sales office on the mainland in 1908. In recent years Nestle has stepped up the pace with the development of a distinctive model it believes will drive expansion. In part one of the just-food interview, Roland Decorvet, chairman and CEO of Nestle Greater China, spoke to Katy Askew about the company's strategy in the market.

BRICs and beyond: China's slowdown a bump in the road

22 Oct 2012

The impact of the global economic crisis can be seen in consumer behaviour the world over and last week it was announced that - as expected - China's economic growth rate slipped during the third-quarter. This has raised concerns that companies attempting to offset weakness in developed economies by tapping into the potential of this emerging world powerhouse could be in for a tough time. Nevertheless, Katy Askew suggests, the underlying growth drivers in China mean that the "sleeping giant's" potential remains vast.

CHINA: Nestle to double Chinese R&D capabilities

18 Oct 2012

Swiss food giant has revealed that it plans to double the number of research and development facilities it operates in China from two to four next year.

In the spotlight: Nestle's Pfizer buy offers long-term baby food boost

23 Apr 2012

Nestle has won through in the battle to acquire Pfizer's baby food business, securing an US$11.85bn deal that will see the world's largest infant nutrition group extend its lead in this fast-growing category. However, with a hefty price tag attached, the deal has not been warmly welcomed by investors. Katy Askew reports.

2011 in review - M&A activity fails to meet expectations

22 Dec 2011

A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.

RUSSIA: Nestle "in talks to buy baby food firm Progress"

9 Sep 2011

Nestle, the world's largest food maker, is reportedly interested in buying Russian baby food and juice maker Progress.

BRICs and beyond: Spectre of inflation returns in China

26 Aug 2011

Food prices are on the rise in China and analysts from all over the world are keeping a close eye on the situation. Inflationary changes in China do not just affect the people of Shanghai and Beijing – the whole world feels their ramifications, writes Sam Webb.

On the money: Nestle CFO Singh bullish on H1

11 Aug 2011

Nestle CFO James Singh has hailed the company's "very strong operating performance" in the first half of 2011.

Editor's choice: the highlights on just-food this week

15 Jul 2011

Premier Foods' appointment of Kraft's Mike Clarke as its new CEO this week was a surprise move but one welcomed by the market. Investors in Brasil Foods were also cheered by the news that the 2009 merger that created the company was cleared by Brazil's competition watchdog. However, a plan to combine Brazil's largest retailer, CBD, with Carrefour's local operations was halted amid continued opposition from Casino, which prompted the country's national development bank to pull planned funding for the deal. Click on the headlines for more.

Quote, unquote: just-food's week in words

15 Jul 2011

In an eventful week, the plan to merge Brazil's largest retailer with Carrefour's local operations was called off, new CEOs were appointed at Premier Foods plc and Fonterra and Greencore made an offer to buy UK private-label firm Uniq. Click on the links for more coverage of the stories.

CHINA: Nestle to buy majority stake in Hsu Fu Chi

11 Jul 2011

Nestle today (11 July) ended the speculation over its interest in Hsu Fu Chi with the announcement that it intends to buy a majority stake in the Chinese confectioner.

Best bits: Nestle, Lactalis secure prized deals

11 Jul 2011

In the last 72 hours, Nestle and Lactalis have struck significant pieces of M&A, writes Dean Best.

Editor's choice: the highlights on just-food this week

8 Jul 2011

The tussle over Brazil's largest retailer rumbled on this week, while Nestle's interest in Chinese confectioner Hsu Fu Chi gave industry watchers something to chew over. Meanwhile, away from the emerging markets, a key EU vote brought new food labelling laws a step closer.

Quote, unquote: just-food's week in words

8 Jul 2011

This week, it was revealed that Nestle is in talks with Chinese confectioner Hsu Fu Chi, while on the retail front, South Africa's Pick n Pay revealed plans to make more than 3,000 people redundant. The fight over control of Brazilian retailer CBD continued with Casino, Carrefour and the Diniz Group all trading barbs. Here's the best of what was said this week:

BRICs and beyond: Hsu Fu Chi could sweeten Nestle's Chinese business

7 Jul 2011

A normally reticent Nestle this week admitted its interest in Chinese confectioner Hsu Fu Chi. The Singapore-listed firm is one of China's largest confectioners and, as Dean Best reports, analysts see the company's distribution in China and knowledge of local consumer habits as key factors in why the world's largest food maker could move for the business.

CHINA: Nestle confirms Hsu Fu Chi negotiations

5 Jul 2011

Nestle has confirmed it is in talks about a possible takeover of Chinese confectionery company Hsu Fu Chi.

CHINA: Confectioner Hsu Fu Chi confirms talks with Nestle

4 Jul 2011

Chinese confectioner Hsu Fu Chi today (4 June) confirmed that it has held talks with Nestle over a potential takeover.

Best bits: Casino and Carrefour do battle over Brazil

4 Jul 2011

In a story that has had more twists and turns than the samba, the battle for Brazil's largest retailer CBD has pit two of Europe's largest grocers against each other.



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