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Nestle Still In Troubled Waters

Nestle Still In Troubled Waters

Bottled water continued to be the blackspot in Nestle sales in 2009, as the group reported a slide in net profits for the year. Net profits for the 12 months of 2009 fell by more than 40% to CHF10.4bn (US$9.6bn), compared to CHF18bn in 2008, Nestle reported today (19 February). But, the firm said that the results are not directly comparable because 2008 profits were bolstered by a CHF9.2bn gain on its disposal of a 25% stake in Alcon. Underlying earnings per share in 2009 rose by nearly 10% to CHF3.09, Nestle added. [...more]

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Switzerland: Global Strategic Projects & Insight Director

Switzerland: Global Strategic Projects & Insight Director

- Enhancement of our key strategic Value Mapping approach to driving greater return on marketing investments by prioritizing resource investments in markets/ channels that deliver (or have potential to deliver) the greatest return for our business through: [...more]

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