Mark Schneider news, comment and analysis – Page 7
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NewsCity snapshot: Nestlé misses expectations in first half
Sales at Nestlé in the first half failed to meet expectations despite the benefit of a late Easter.
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NewsNestlé gets more aggressive with updated strategic plan
Daniel Loeb’s Third Point hedge fund called for “bold action” at the “staid” group
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NewsMedia Bites 27 June: Nestlé, Co-op Bank, Amazon, Asda
News activist investor Third Point has taken a multi-billion dollar stake in Nestlé to try to force the Swiss consumer goods group to be more aggressive is well covered in the papers.
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NewsNestlé to explore potential sale of US confectionery
The Swiss company’s US confectionery business saw sales of around £722.7m in 2016
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NewsCity snapshot: Price increases drive Unilever underlying sales growth of 2.9%
Unilever has posted underlying sales growth of 2.9% in its first quarter, entirely driven by price increases as sales volumes edged down. Plus LDC confirms backing of Addo Food Group buyout, quarterly results from Nestle and Pernod Ricard and all the latest news from the City.
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NewsNestlé investors unimpressed with end of growth model
It was a baptism of fire for Nestlé CEO Ulf Mark Schneider as Nestlé published the first set of annual results under his leadership …
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NewsMedia Bites 17 Feb: Morrisons, Punch Taverns, Argos, Nestlé
Morrisons is aiming to recruit 200 more British suppliers after a report commissioned by the supermarket found that only just over half the food eaten in the UK comes from local sources
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NewsNestlé downgrades growth target after challenging year
Sluggish performance put down to slowdown in Western markets during the second half of 2016
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NewsCity snapshot: Nestlé expects subdued 2017 as growth slows again in 2016
Organic growth at Nestlé slowed for the fifth year in a row in 2016 as trading in the final quarter came in below expectations, with the Swiss food giant giving a subdued outlook for 2017
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NewsMedia Bites 30 June: My Local, Greene King, Consumer confidence
Convenience store chain My Local officially entered administration last night, reports say.
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NewsUlf Mark Schneider to take up Nestlé chief executive role
Schneider will be the first outsider since 1922 to lead the food and drink giant
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NewsOcado sales increase but still no overseas deal on the horizon
Ocado first-half revenues rise 15.1% to £584.2m but there is still shows no sign of a long-awaited deal with an international partner
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NewsMedia Bites 28 June: Brexit, BHS, GCA, Nestle, Pepsi
Brexit continues to be the main focus for the papers as the pound fell to a new 31-year low against the dollar yesterday.