Similar Stories to Under Activist Pressure, Nestle Sets Margin Goal on Bing News

LONDON/ZURICH (Reuters) - Nestle , under pressure from activist shareholder Third Point, set an operating margin target for the first time, although it was seen as conservative and fell short of rival Unilever's ambitions .

BING NEWS:
  • Nestle's Suresh Narayanan on Nespresso & nutraceuticals, sugar in baby food controversy and more
    Suresh Narayanan of Nestle India points out that the operating margins are up by 270 basis points, net profits by 250 basis points and cash generation by over 41 billion, that is about 17% of sales.
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    04/25/2024 - 5:45 pm | View Link
  • Nestle Sales Growth Slows Sharply as Consumer Demand Remains Weak -- 2nd Update
    By Dominic Chopping Nestle's organic sales growth slowed sharply in the first months of the year as consumer demand remained weak, particularly in ...
    04/24/2024 - 8:03 pm | View Link
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