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Nestlé SA ( (NSRGF) ) has issued an announcement.
Nestlé reported a solid performance in 2024 with an organic growth of 2.2% and a return to positive real internal growth, despite a challenging macroeconomic environment. The company is executing a strategic plan to accelerate growth through increased investment and innovation, and aims to achieve significant cost savings with a CHF 2.5 billion program. While the short-term profit margin is expected to decline due to these investments, Nestlé anticipates improved sales growth in 2025, alongside the continuation of its dividend growth, underscoring its commitment to delivering value to stakeholders.
More about Nestlé SA
Nestlé SA is a leading global food and beverage company, known for its wide range of products including coffee, confectionery, and pet care. The company has a strong market presence, particularly in emerging markets and Europe, and focuses on delivering superior product quality and value.
YTD Price Performance: 4.84%
Average Trading Volume: 41,741
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $217.9B
See more insights into NSRGF stock on TipRanks’ Stock Analysis page.
