nestle sa-spons adr (NSRGY) Key Developments
Nestle to Invest MXN 700 million in Milk Production in Mexico
Sep 19 14
Nestle announced that it would invest MXN 700 million over the next six years in the expansion of its milk production in Mexico. Nestle Mexico will invest MXN 400 million in production and infrastructure and another MXN 300 million in technical assistance in the milk and whey supply chains in Mexico.
Nestlé(R) Introduces Limited-Edition Nesquik(R) Girl Scout Cookie(TM) Beverages
Sep 17 14
Nestlé(R) Nesquik(R) launches new Nesquik(R) Girl Scouts(R) Thin Mints(R) and Nesquik(R) Girl Scouts(R) Caramel Coconut flavors. The limited-edition product is on store shelves now and retails for $1.99. These new Nesquik(R) Low-fat Chocolate Milk beverages combine low-fat chocolate milk with two of the most popular Girl Scout Cookie(TM) flavors to create a delicious on-the-go beverage.
Nestlé S.A. Presents at Bank of America Merrill Lynch Global Consumer and Retail Conference, Sep-16-2014 through Sep-18-2014
Sep 13 14
Nestlé S.A. Presents at Bank of America Merrill Lynch Global Consumer and Retail Conference, Sep-16-2014 through Sep-18-2014. Venue: Rosewood Hotel, 252 High Holborn, London WC1V 7EN, United Kingdom. Presentation Date(s): Sep-16-2014. Sep-17-2014.
Nestle Opens New Coffee Capsule Factory in Schwerin
Sep 10 14
Nestle SA has opened a new coffee capsule factory in Schwerin, Germany. The factory will lead to the creation of around 450 new jobs and comes after two years of construction and a cost of EUR 220 million. The new factory will supply Germany, the larger market for Nescafe Dolce Gusto, as
well as the Scandinavian and Eastern European markets with the brand's capsules for hot and cold coffee- and tea-based drinks. Nestle's other existing Nescafe Dolce Gusto capsule factories are in Tutbury, UK and in the Spanish city of Girona. The Schwerin factory furthers Nestle's youth employment initiative to create 20,000 opportunities for young people in Europe by 2016 to address the European youth unemployment crisis. By the end of 2015, Nestle Germany alone hopes to create over 1,000 jobs and 1,300 traineeships for young people.
Nestlé Nutrition Announces Earnings Results for the First Half of Ended June 2014
Aug 7 14
Nestlé Nutrition announced earnings results for the first half of ended June 2014. For the period, the company announced sales of CHF 4,692 million and 7.9% organic growth, 3.8% real internal growth; 21.1% trading operating profit margin. The improvement of the trading operating profit margin reflected the effects of divestments and the integration of new businesses.