Nestle

The company lifts cost savings target to three billion francs by 2027

[DUBAI] Less than two years ago, a group of the world’s biggest food companies, including Nestle, Danone and Kraft Heinz, announced a major alliance to cut methane emissions from their hundreds of tho...

[ZURICH] Nestle chairman Paul Bulcke will step down early and hand over to former Inditex chief Pablo Isla on Oct 1, accelerating a changing of the guard at the Swiss food giant after an unprecedented...

After firing its CEO, the board is hoping an insider will bring stability. Too bad the company needs shaking up

NESTLE’S sudden sacking of its chief executive over an office relationship gives the Swiss food giant a chance to reset and return to its strengths, industry analysts said on Tuesday.

The latest change is likely to leave questions unanswered about Nestle’s mid-term direction

Buyout firms have increasingly turned to continuation vehicles to deal with a backlog of unsold investments as dealmaking has slowed over the past few years

Revenue grew 2.8% on an organic basis in the first quarter, above the 2.6% average estimate of analysts

It aims to achieve cost savings of at least 2.5 billion Swiss francs by 2027, in addition to ongoing savings of around 1.2 billion Swiss francs