Changes for page Nestlé SA

Last modified by Md. Touhidul Islam on 2022/06/21 02:42
From version < 2.1 >
edited by Md. Touhidul Islam
on 2022/06/21 02:08
To version < 2.2 >
edited by Md. Touhidul Islam
on 2022/06/21 02:11
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7 +* History: Henri Nestlé started an infant food namely ‘farine lactée’ in 1867 in Vevey, Switzerland. Another company Anglo-Swiss Condensed Milk Company is started in 1866 by the US brothers Charles and George Page, which in 1905 merged with Nestlé to become Nestlé Group. Thus, history of Nestlé starts in 1866.
8 +* Headquarters: The company is headquartered at Vevey, Vaud, Switzerland.
9 +* Management: Currently (June, 2022), Chairman of the Board of the company is Paul Bulcke and Chief Executive Officer is Mark Schneider.
10 +* Industry & Products: The company belongs to fast moving consumer goods industry (FMCG). Products include baby food, coffee, dairy products, breakfast cereals, bottled water, PetCare products, ice cream and so on.
11 +* Brands and company size (2021): The company currently operates 2,000+ brands in more than 186 countries in the world. It has around 270,000 employees all over the world. The company has established 354 factories in 79 countries as of 2021.
12 +* Financial results (2021): The company has reported sales of CHF 87,088 million, operating income CHF 11,679 million, net income CHF 17,196 million, EPS CHF 6.06, ROE 32%, ROIC 17%, D/E 0.84, current ratio 0.98.
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16 +Nestlé SA is a Swiss-based food manufacturing conglomerate headquartered in Vevey, Vaud, Switzerland. It is the largest food manufacturing company in the world according to Forbes in 2020 measured by composite score of revenue, profit, assets, and market value.{{footnote}}https://www.forbes.com/sites/chloesorvino/2020/05/13/the-worlds-largest-food-and-restaurant-companies-in-2020/?sh=1494cd33262d{{/footnote}}
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18 +[[image:Nestle logo.png||alt="nestle logo old" height="151" style="float:left" width="151"]]According to the branding of the company, Nestlé is a //Good food, Good life// company. Purpose of the company is “Unlocking the power of food to enhance quality of life for everyone, today and for generations to come. That is our purpose.”
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20 +More than 150 years ago, Henri Nestlé has started what is today, Nestlé. The company currently operates 2,000+ brands in more than 186 countries in the world. It has around 270,000 employees all over the world. The company has established 354 factories in 79 countries as of 2021. Portfolio of the company covers almost every food and beverage category – offering products and services for all stages of like, every moment of the day, helping people care for themselves and their families.
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22 +The company is headed by Mark Scheider as the CEO (Chief Executive Officer). Paul Bulcke is the Chairman of the Board of the company in 2022.
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24 +== Group Structure and Shareholders ==
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26 +Nestlé Group is listed on the stock markets of countries worldwide as the company itself or the subsidiaries.{{footnote}}See Financial Statements 2021, p.154 for complete list. Available at: https://www.nestle.com/sites/default/files/2022-03/2021-corp-governance-compensation-financial-statements-en.pdf{{/footnote}}
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