Maybank IB lifts Nestle’s earnings estimate by 7% amid festivities, school holidays

[ad_1] KUALA LUMPUR: Maybank Investment Bank (Maybank IB) has raised Nestle (Malaysia) Bhd’s earnings estimates for its financial year ending Dec 31, 2023, by seven per cent amid year-end festivities…

Nestle’s quarterly results weighed down by SKU rationalization

[ad_1] VEVEY, SWITZERLAND — Changing the course of the world’s largest food and beverage company is like turning the world’s largest ship — it takes time. In 2022, Nestle SA…

Satish Srinivasan appointed as Nestle’s Executive Director, Technical

[ad_1] Nestle’s Head of Operation of its Dairy unit in Switzerland, Satish Dhawan, will succeed Matthias Christoph Lohner as the company’s Executive Director (Technical), the FMCG giant announced on Tuesday.…

F&N seals exclusive rights for Nestle’s Bear Brand sterilised milk in Cambodia

[ad_1] KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) has secured extended rights from Societe Des Produits Nestle S.A. and Nestec S.A. (Nestle) as the exclusive manufacturer and distributor for…

Inside Nestlé‘s long road to improve the sustainability of its packaging footprint

[ad_1] As Nestlé embarked on an ambitious three-year endeavor to develop paper capsules for its popular Nespresso platform, one of its biggest secret weapons came from within.  In 2019, the CPG…