Mark Schneider
Nestlé records annual group sales growth, with plant-based focus and upturn in confectionery markets
The CEO of Nestlé, Mark Schneider, has welcomed latest annual results, as group sales rose 3.3% to CHF 87.1 billion, with confectionery delivering strong performance from KitKat and an uplift for wider gifting categories, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Nestlé unveils plans offering farmer payments tackling cocoa sector child labour
Nestlé has moved to enhance its programmes addressing child labour with an income accelerator scheme in Ghana and Ivory Coast offering incentivised payments to farmers and advancing best agricultural practices, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Nestlé posts nine-month results upturn, with KitKat offering a sales boost
Nestlé has reported a further upturn in results for the group in its nine-month results, with its confectionery interests recording single-digit growth led by a strong performance from its core KitKat brand and an e-commerce boost, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Sustainability
Nestlé faces supply chain pressure amid reports of festive panic buying
As pandemic-hit logistics operations continue to impact on the UK’s retail landscape, the CEO of Nestlé has said the company’s Christmas confectionery supply chains could be affected, reports Neill Barston.
Business news, Food safety, Ingredients, Packaging, Processing, Regulatory, Sustainability
Nestlé’s confectionery operations record performance upturn
Swiss-headquartered Nestlé has recorded growth across its global businesses, including within its confectionery operations, as the company posting overall six-month sales of CHF 41.7 billion, against $41.1 billion for the same period in 2020, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Sustainability
Nestlé confectionery sales rise despite pandemic
Nestlé has recorded increased revenues from its confectionery division, recording CHF 1.7 billion in sales for its latest quarter, against 1.63 billion for the same period in 2020, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Regulatory, Sustainability
Nestlé reports challenging conditions with latest results amid ongoing global pandemic
The Swiss-headquartered Nestlé group has reported testing conditions in its latest annual results, which saw the business incur significant additional global operating costs amid the coronavirus pandemic, writes Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Sustainability
Nestlé records organic growth for its nine-month results, despite reduced confectionery sales
The Swiss-headquartered Nestlé group recorded 3.5% organic growth for its nine-month financial results, despite its confectionery division suffering a fall in sales amid the closure of retail outlets during the coronavirus pandemic, reports Neill Barston
Business news, Cocoa & chocolate, Ingredients, Packaging, Processing, Sustainability
Campaigners present Nestlé with petition over ending Fairtrade KitKat deal
Campaigners have protested at the UK headquarters of Nestlé, handing over a petition signed by 300,000 against the company’s move away from Fairtrade cocoa sourcing for its KitKat brand, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Regulatory, Sustainability
Nestlé creates Swiss R&D Accelerator facility for dairy and plant-based ranges
Swiss-based Nestlé has inaugurated its new R&D Accelerator to drive innovation and speed-to-market of sustainable dairy products, as well as plant-based dairy alternatives, reports Neill Barston
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Sustainability
Nestlé reports organic growth amid challenging pandemic conditions
Nestlé has reported a pattern of 2.8% organic growth in its six-month financial trading figures, yet despite a positive start to the year, its sales revenues fell for the period as the business adjusted to operating in testing pandemic conditions, reports Neill Barston.
Business news, Cocoa & chocolate, Food safety, Ingredients, New products
Nestlé records improved growth figures despite disrupted global markets
Nestlé has released its first quarter figures that reveal 4.3% growth for the period, up to CHF 20.8 billion for the group, despite facing considerable challenges posed by the global coronavirus pandemic.
Business news, Cocoa & chocolate, Ingredients, New products, Sustainability
Nestlé records nine-month growth amid renewed drive tackling deforestation
The Nestlé group, which manufacturers key confectionery brands including KitKat, has confirmed that for the first nine months of its present financial year, the company has seen 2.9% overall sales growth, to CHF 68.4 billion.
Nestlé accelerates action to achieve zero net emissions by 2050
Nestlé has announced it is accelerating its climate change efforts to achieve zero net greenhouse gas emissions by 2050, and will sign the ‘Business Ambition for 1.5°C’ pledge.