A 47-year high! Global coffee prices surged 70% due to tight supply and EU regulations within the year.
①On Wednesday, Arabica coffee bean prices soared to their highest level in nearly 50 years, rising more than 70% year-to-date; ②The main reasons for the price increase are supply shortages, uncertainty over the EU Zero Deforestation Act, leading to a surge in panic buying; ③Trump's proposal to impose tariffs has also raised concerns among coffee roasters.
Morgan Stanley upgraded Nestlé's rating to "Equal Weight".
Gelonghui, November 27: Morgan Stanley has upgraded Nestlé's rating to "Equal Weight" with a target price of 76 swiss francs.
Express News | Morgan Stanley upgraded Nestle's rating to equal weight with a target price of 76 Swiss francs.
Nestle Should Prioritize Innovation Quality Over Quantity, Barclays Says -- Market Talk
Express News | Deutsche Bank: lowered the target price for Nestlé from 87 swiss franc to 85 swiss franc.
Nestle's New Plan Still Leaves Questions -- Market Talk
Nestle Won't Launch Further Buyback After Strategic Shift to Growth
Express News | Nestle CEO: We see huge business opportunities in premium and affordable nutritional products.
Nestle (NSRGY.US) lowers mid-term profit target and splits bottled water into a separate business.
Nestle has lowered its mid-term profit target and stated that it will spin off its bottled water business into a separate business.
Nestle Midterm Ambitions Seen as Realistic -- Market Talk
Nestle lowers mid-term profitability indicators, splitting the mineral water business for independent operation.
Nestle lowered its mid-term profitability indicators and will operate the mineral water business independently in an attempt to stimulate sales growth. Nestle has also revised down its natural sales growth forecast for this year to around 2%, making it the lowest annual growth rate since 2000. Although sales growth is expected to improve next year, the basic operating profit margin will decrease. Nestle's latest target for trading operation profit margin has been set at 17%, lower than the previous 17.5% to 18.5%. It is expected that under normal operating conditions, sales will grow by 4% or more, lower than the previous mid-single-digit growth forecast. Nestle also announced a cost reduction of 2.5 billion swiss francs annually by 2027.
Express News | Nestle will further reduce costs and strengthen marketing to drive performance growth.
Nestle Cuts 2025 Profitability Target, Steps Up Spending in Turnaround Push
Nestle: Muriel Lienau to Lead Water and Premium Beverages Activities
Nestle: This Will Include Exploring Partnership Opportunities for Business
Nestle Backs 2024 View
Nestle Expects Underlying Trading Operating Profit Margin of 17.0% Plus
Express News | Nestle: Water and premium beverages will become independent businesses.
Express News | Nestlé expects its organic growth rate to be over 4% in the medium term.
Nestle Expects Organic Sales Growth of 4% Plus in Medium Term
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