Yahoo13h
Nestlé to spin off water business in attempt to fuel growth
At the capital markets day event today, Nestlé CEO Laurent Freixe, who took the helm in September, described an overall ...
Nestle CEO to Separate Water Brands Into Standalone Business
Nestle SA plans to separate its bottled water brands into a standalone business as new Chief Executive Officer Laurent Freixe ...
Food Dive10h
Nestlé to cut $2.8B in costs, separate water into standalone business
The packaged goods giant also plans to fix, rather than sell, the majority of its underperforming businesses, CEO Laurent ...
Food Processing6h
Nestlé To Separate Global Waters Biz as Part of Acceleration
New CEO Laurent Freixe’s plan includes ‘targeted investments in winning brands and growth platforms, more focused innovation ...
City A.M.16h
Laurent Freixe
and spin off its premium water and drink business as part of a turnaround being led by its new boss. Recently-appointed chief ...
Nestle to Step Up Spending in Push to Boost Sales Growth
The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up ...
Nestle Won't Launch Further Buyback After Strategic Shift to Growth
This comes after Nestle launched a growth-focused strategy under Chief Executive Laurent Freixe's plan to revive sales growth at the Swiss food giant. Freixe now seeks to step up investment in ...
WFXG9h
Stocks diverge on fears of Ukraine-Russia escalation
Stock markets fell in Europe and were mixed on Wall Street as fears of escalation of Russia's war against Ukraine prompted ...
Nestle to Cut Costs by $2.8 Billion, Boost Marketing Under CEO Freixe
VEVEY, Switzerland (Reuters) - Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and ...
RTE Online18h
Nestle to cut costs, boost marketing under new CEO Freixe
Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone ...