Food
The food company Nestlé reported sales of CHF 22.6 billion for the period from January to the end of March 2025. This represents an increase of over two percent on the previous year, when CHF 22.1 billion was recorded. According to the company, exchange rate effects reduced sales by half a percent. Internal real growth was 0.7 percent. This reflects weak consumer demand and the short-term impact...
Nestlé achieved total sales of CHF 91.4 billion in 2024. This corresponds to a decline of 1.8 per cent compared to the previous year. This is partly due to negative currency effects and weak consumer demand in many markets. Organic growth amounted to 2.2 per cent. Price adjustments amounted to 1.5 per cent, which is due to the decline in inflation in most categories after two years of high input...
The Board of Directors of Nestlé has appointed Laurent Freixe, currently Executive Vice President and CEO for the Latin America region, as Chief Executive Officer of Nestlé effective September 01. He will also be proposed for election to the Board of Directors at the 2025 Annual General Meeting. The current CEO Mark Schneider has decided to step down as CEO and member of the Board of Directors. In...
From January to the end of March 2024, the Nestlé food group generated sales of CHF 22.1 billion. This is around six percent less than in the same period of the previous year, when CHF 23.5 billion was recorded. According to the company, currency effects reduced sales by 6.7 percent. Organic growth was 1.4 percent. Real internal growth was minus two percent and was impacted by subdued consumer...
Nestlé is hiring for the head of operations post. Magdi Batato, currently Executive Vice President and Head of Operations, will retire at the beginning of 2024 after more than 30 years with Nestlé. He has held various positions on three continents. In his current position, Batato is responsible for the operations of hundreds of Nestlé factories around the world. He oversees procurement and...
Tray sealing specialist Proseal has developed a special training course to help customers further improve the quality of their film sealing. The company’s Heat Sealing Masterclass shows food retailers and their suppliers the various steps required to meet an ideal standard of sealing for their particular applications, and delivers expert advice on best practice and material usage. The class...
Nestlé reached an organic growth of 7.6 percent in the first three month of 2022. The company growth was broad-based across most geographies and categories, with increased pricing, continued momentum in retail sales and a further recovery in out-of-home channels. The total reported sales increased by 5.4 percent to CHF 22.2 billion, compared to CHF 21.1 billion in first quarter of 2021. In April...
Strict hygiene regulations in the food industry present major challenges for sealing technology. Freudenberg Sealing Technologies is enhancing its proven portfolio of hygienic sealing solutions with two products that are also designed for high-pressure applications. This was made possible thanks to special design solutions and the premium elastomer and PTFE materials developed in-house. Food...
Due to the pandemic, Anuga Foodtec will be postponed as a "special edition" from March 2021 to 26-29 April 2022. The organiser Koelnmesse is presenting a new hybrid format in 2022 in Cologne as well as virtual. Anuga Foodtec is the hotspot for the global food and beverage industry and its suppliers and the meeting place for visionaries and decision-makers.
