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Nestle to start buying back shares as profit advances 18%

Article Abstract:

Swiss firm Nestle SA has announced it will begin its largest share buyback ever, calculated at 25 bil Swiss francs, after its first-half profit rose 18% to reach 4.92 bil francs. Sales increased by 8.4% to reach 51.11 bil francs. Nestle is the biggest food company worldwide by sales.

Author: Gelnar, Martin
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Securities issued, listed, Securities, Company securities, Financial report

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Nestle's lost sweet spot

Article Abstract:

Nestle S.A. has been selling in China for 25 years, yet has not succeeded in developing market share as rival products quickly emerge and fill the market.

Author: Chang, Leslie T.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
China, Sales & consumption, Switzerland, Market share, Company Profile, Company market share, Market size

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Subjects list: Food industry, Switzerland, Nestle S.A., Company sales and earnings, Company earnings/profit, Food and beverage production/distribution software
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