Nestlé

Nestlé (SWX: NESN) is one of the world’s largest diversified food and beverage companies. Its product portfolio includes well-known brands such as Nescafé, Milo, Maggie, NAN, and Purina. The company generated revenue of CHF 93.0 billion (USD 105.1 billion) in 2023. Founded in 1866, the company has grown through the introduction of new products and acquisitions. Some recent activities of Nestlé include the creation of a joint venture with PAI (April 2023), the divestment of its Palforzia business (September 2023), and the acquisition of Grupo CRM (September 2023).

Nestlé sells products under seven categories, with the Powdered and Liquid Beverages segment being the largest. The main product under this category is Nescafé. It sells pet food under the Purina label. The Nutrition and Health Science segment includes Nestlé’s infant formula and baby food products, vitamins and supplements, medical nutrition, and a pharmaceutical product portfolio. The company also sells bouillons, food seasoning packs, sauces and spreads, and packaged and frozen food through its Prepared Dishes and Cooking Aids division, which houses different brands including Maggie. Moreover, Nestlé sells milk products, ice cream, confectionery, and sparkling and mineral water. Some well-known brands within these categories include Coffee-Mate, Häagen-Dazs, and KitKat.

The US is Nestlé’s single-largest market, accounting for 35% of revenue in 2023, while the Americas is the largest regional market. The company targets mid-single-digit (4%–6%) YoY organic growth through 2025 (from 7.2% YoY in 2023) and an operating profit margin of 17.5%–18.5% over the same period (from 17.3% in 2023). Nestlé plans to reach net-zero emissions by 2050.