Report
Pierre Tegner

Nestle : Nestlé Skin Health (Galderma): the board announces it is considering selling

>A shrewd and long-awaited decision - In a press release, the group announced that it is looking into a disposal of Nestlé Skin Health (NSH) which could take effect mid-2019. This decision has not come as a surprise, but should be welcomed nevertheless. It also supports our positive stance on the stock. It is a sign of the greater pragmatism seen since Ulf Mark Schneider took the group's helm. The purchase of L’Oréal’s 50% stake in Galderma mid-2014 had rais...
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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