DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Mark Schneider - 1 Laurent Freixe - 1 Jon Cox - 1 Cox - 1 Kepler Cheuvreux - 1 Schneider - 1 Freixe - 1 Laurent - 1
Top related locs:
Schneider London Swiss
Top related orgs:
Nestle - 1 Kepler - 1 CNBC - 1 America - 1

Search resuls for: "Paul Bulcke"


2 mentions found


☆ Nestle CEO departure seen as 'not such a bad thing' for investors, analyst says
  + stars: | 2024-08-23 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: +1 min
LONDON — Investors may think that the replacement of Nestle CEO Mark Schneider with company veteran Laurent Freixe is "not such a bad thing," analyst Jon Cox said Friday. "I think confidence has been severely hit in the case and particularly in Schneider," he told "Squawk Box Europe." "I presume most people will think it's not such a bad thing at this point for Schneider to go," he said. Freixe, who joined Nestle in 1986 and served most recently as executive vice president and CEO of the Latin America unit, will take over from Sept. 1. The company has struggled to retain market share as consumers have shifted away from labelled products amid inflationary pressures.
Persons: Mark Schneider, Laurent Freixe, Jon Cox, Cox, Kepler Cheuvreux, Schneider, Freixe, Laurent, Nestlé, Paul Bulcke Organizations: Nestle, Kepler, CNBC, America Locations: Schneider, London, Swiss
☆ Nestle sees price pressures easing -chairman tells newspaper
  + stars: | 2023-03-31 | by ( ) www.reuters.com   time to read: +1 min
ZURICH, March 31 (Reuters) - Nestle (NESN.S) is seeing an easing of price pressures stemming from raw materials, transport and packaging costs, said Chairman Paul Bulcke, adding that company would still increase prices. "Price pressure is gradually easing," Bulcke told Swiss newspaper Finanz und Wirtschaft in an interview published on Friday. Nestle increased its prices by 8.2% during 2022, but sales volumes - which it calls real internal growth - only increased by 0.1%. During the third and fourth quarters of last year, the maker of KitKat chocolate bars and Nescafe instant coffee suffered lower sales volumes as cash strapped consumers cut back. "For positive real internal growth on an annual basis, I remain confident," he told the newspaper.
0 next >>
Total: 2