Nestle : Reassuring guidance for 2025 and Waters becoming a stand-alone business
>Announcements before starting the CMD - Just before starting the CMD (today and tomorrow), Nestlé made important announcements: 2024: they confirm guidance of around 2% with an operating margin around 17%.2025: they guide on an improvement in organic sales growth compared to 2024 and an underlying operating margin moderately lower than the 2024 guidance.Advertising and marketing investment to rise to 9% of sales by the end of 2025 to support growth. §...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.
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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