NESTLÉ: Q3 a touch below Q2 | NEUTRAL | CHF93(-13%)
NESTLÉ - NEUTRAL | CHF93(-13%)Q3 a touch below Q2
Q3 organic sales growth remained strong…
…mainly driven by Americas and Other Businesses
No change to our forecasts before the call at 2pm CET
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.
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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