nestle
Health emissaries bring up school meals
School meals were at the centre of a European Food Industry debate in Brussels recently. Talks were held on the current European health crisis and the impact to food and beverage manufacturers. Representatives from leading companies attended the event, including Cadbury Schweppes, Kraft, Ajinomoto, Nestle, Carrefour, Group Danone, Coca-Cola, and European Food & Drink Trade […]
Nestle outlook is bright
Nestle has announced sales of CHF67.7 billion for the food and beverage group worldwide during the first nine months of 2005. The 5.6% organic growth across food and beverage was due to the successful extension of distribution beyond the traditional supermarket grocery channel. Peter Bra-beck-Letmathe, chairman and CEO of Nestle said,“The acceleration in our core […]
Nestle to grow its own
The board of Nestle SA is to set up the Nestle Growth Fund with £500 million to be invested over five to seven years. This new fund is to help Nestle grow new science and nutrition businesses and ntegrate them into the group’s mainstream business units. This will contribute to the group’s expansion into health, […]
Laughing gas chocolate bubbles with joy
Chocolate made with laughing gas is more enjoyable, according to a study published in Chemistry & Industry magazine. Also known as nitrous oxide, laughing gas apparently produces a more intense flavour when used to put bubbles in chocolate. Researchers at the University of Reading tested a chocolate selection made with four different gases – nitrous […]
Tough trading but Nestle nurtures newcomers
This year’s trading has proven a challenge for Nestle, although its first half report for 2005 showed strong organic growth of 5.2%. Meanwhile, sales in Swiss francs increased 2.4 per cent despite negative impacts of currencies of -1.8 and divestitures of -1.0%. Consolidated sales grew to CHF 43,474 million, an increase of 2.4% over the […]