Report
Pierre Tegner

Nestle : Waters: acquisition in the premium segment in the US after the recent exit from the portfolio of low-value-added local brands

>The transformation continues - The share’s recent weakness - under the impact of a sector rotation and a reflation movement favourable to long durations – offers a fine opportunity to take a position on a group known for its defensive qualities and which, more importantly, is strengthening its profitable growth equation via a gradual shift in its portfolio. The announcement of the acquisition of premium water brand Essentia in the US is a fine illustration of this. T...
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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