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Nestlé is trading at multi-year lows, but near-term catalysts like global rate cuts and internal cost-saving plans could spark a turnaround. Despite weaker cash flow recently and high debt, Nestlé maintains guidance for improved organic sales and margins, with a 3.9% dividend yield and some buybacks. Risks include unsustainable buybacks, ethical controversies, and CEO uncertainty, but powerful brands and global strength provide resilience and upside potential.
Swiss food giant Nestle , roiled by the sudden ouster of its CEO, faces a stern challenge with investors and analysts urging it to slim down in a tough consumer market as rivals cut costs and even break up to improve their performance.
Swiss food giant Nestlé said Monday it dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate.The maker of Nescafé drinks and Purina pet food said in a statement the dismissal was effective immediately. An investigation found the undisclosed romantic relationship with a direct subordinate violated Nestlé's code of conduct.Freixe, who had been CEO for a year, will be replaced by Philipp Navratil, a longtime Nestlé executive.
Nestle S.A. (OTC:NSRGF, VTX:NESN) has dismissed chief executive Laurent Freixe with immediate effect following an internal investigation into an undisclosed romantic relationship with a subordinate, which the company said breached its code of conduct.
Nestlé SA has fired CEO Laurent Freixe for a secret romance with a subordinate, the Swiss food company said on Monday.
Swiss multinational finds Laurent Freixe breached code of conduct as it names Philipp Navratil as his replacement
Nestlé announced Monday it ousted Laurent Freixe as its chief executive for an “undisclosed romantic relationship” with a subordinate in violation of the company's policies, naming Nespresso CEO Philipp Navratil as his successor effective immediately.
Nestlé dismisses CEO Laurent Freixe. Freixe's dismissal follows a violation of corporate policy on workplace relationships, Nestlé said.
Nestle has dismissed its CEO Laurent Freixe after a code of conduct breach, it said on Monday, appointing Philipp Navratil as his successor.
Nestlé faces temporary headwinds from cost inflation and weak volume growth, but new management's turnaround plan targets brand monetization and volume recovery. Sustainable growth depends on improving Real Internal Growth, as further price hikes are limited by competition and soft demand; increased marketing spend aims to boost volumes. Nestlé trades at a 25% P/E discount to its five-year average, offering a 4.2%+ dividend yield and limited downside, with meaningful upside if operational metrics recover.