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14	14	= Company Overview =
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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}}
	16	+Nestlé SA (SWX: NESN) 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	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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311	311	The company’s effort to be environment-friendly has resulted into 4.0 million tonnes of greenhouse gas emissions reductions (CO,,2,,e) since 2018, 97.2% of its supply chains are deforestation-free, and the company has reduced virgin plastic packaging by 8.1% since 2018. To ensure gender equality, the company has 27.2% women in the top 200+ senior executive positions.
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313		-= Financial Performance  =
	313	+= Financial Performance =
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315	315	The financial year of Nestlé ends on December 31 of the respective year. Gross sales of the company during 2021 have grown by 3.25% - reported sales in 2021 is 87,088 million CHF and in 2020 84,343 million CHF. The company has reported trading operating of CHF 12,159 million which was CHF 14,233 million a year earlier. This slide in trading profit is a resultant of a spike in ‘other trading expenses’ head, which has increased almost three-fold from CHF 908 million to CHF 3,131 million. Operating profit reported in 2021 is CHF 11,679 million in place of CHF 14,796 million a year earlier. The drop is a carry forward from the trading operating profit and sent down farther by a slide in other operating income. In 2020, the other operating income reported was CHF 1,919 million but in 2021, it was almost three-fold down to CHF 698 million only.
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