Bryan Garnier - Nestle S.A. (NESN) NESTLÉ: Portfolio changes continue, despite COVID-19 | Conviction BUY | CHF125(+

Report

Bryan Garnier

Virginie Roumage

NESTLÉ: Portfolio changes continue, despite COVID-19 | Conviction BUY | CHF125(+

NESTLÉ - Conviction BUY | CHF125(+23%)
Portfolio changes continue, despite COVID-19

Yinlu will be sold to Food Wise
The transaction allows Nestlé to focus on key categories in China
Nescafé ready-to-drink (RTD) coffee will be retained
The portfolio management is on track – a Conviction Buy

25/11/2020 3 EN

Underlying

Nestle S.A.

Nestle is a holding company which is based in Switzerland. Through its subsidiaries and allied companies, Co. is engaged in the food processing industry. Co.'s product portfolio has seven categories, Powder and Liquid Beverages, Nutritional and Health Science, Milk products and ice cream, Prepared dishes and cooking aids, PetCare, Confectionery and Water.

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CH0038863350 Six Swiss Exchange Switzerland

Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Virginie Roumage

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NESTLÉ: Portfolio changes continue, despite COVID-19 | Conviction BUY | CHF125(+

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/25/2024

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 25/04/2024

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BONESUPPORT: debuts 2024 with strong financial results

ONWARD: reports FY 2023, all focus set on ARC-EX US launch in H2 2024

Vantiva: Accelerated synergy extraction amid challenging start to the year

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