Oddo BHF - Nestle S.A. (NESN) NestlÃ© : BPA 2020 attendu Ã +7.6%. Moins que prÃ©vu mais compÃ©titif

Report

Oddo BHF

Pierre Tegner

NestlÃ© : BPA 2020 attendu Ã +7.6%. Moins que prÃ©vu mais compÃ©titif

>Pas seulement un profil de croissanceÂ : Achat maintenu - Achat maintenu. La rÃ©action du titre hier (-2%) reste, selon nous, une belle opportunitÃ© de dÃ©tenir une valeur de qualitÃ© pour le LT. Le marchÃ© a en effet perÃ§u dans les messages du management une sorte de gel du momentum qui a portÃ© le groupe depuis 2 ans. NestlÃ© nâ€™est pas seulement un profil de croissance. Câ€™est aussi un profil de risque de grande qualitÃ© et une Ã©quation financiÃ¨re qui bÃ©nÃ©ficie dâ€™un eff...

14/02/2020 5 FR

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

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Pierre Tegner

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Nestle : Very bad start to the year with 1.4% l-f-l only and -2% volume/mix due to North America

>Q1 sales at -5.9% with organic growth of just +1.4% - Nestlé posted very poor Q1 results well below expectations which had been already lowered during the last 4 weeks. Reported net sales came in at CHF 22,092m at -5.9% (VA consensus at -3.8% and ODDO BHF at -3.2%) with FX at -6.7%, a scope effect of -0.6% and organic growth at a very low level of +1.4% (VA css at +3.1% and ODDO BHF at +2.6%). Q1 organic growth of just +1.4% was driven by a negative volume mix ...

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NestlÃ© : BPA 2020 attendu Ã +7.6%. Moins que prÃ©vu mais compÃ©titif

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

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

Nestle : Very bad start to the year with 1.4% l-f-l only and -2% volume/mix due to North America

Will fiscal laxity ever be punished by the markets?

Le laxisme budgétaire sera-t-il un jour sanctionné par les marchés ?

Credit Morning 04/25/2024

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