Report
Pierre Tegner

Nestle : CMD CMD: what may we expect?

>Outperform: confidence despite a context that suggests things should not be taken for granted so much - Outperform recommendation maintained with a target price of CHF 118. At next week’s CMD (29 & 30 November in Barcelona), the management should provide visibility on the group’s ability to preserve its profitable growth equation in 2023 in a context that is becoming more challenging. We continue to expect EPS growth of 8.5% and 6.5% in 2022 and 2023, respectively, w...
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.

Provider
Oddo BHF
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.

Analysts
Pierre Tegner

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