NESTLÉ S.A.
Nestlé S.A.
Engelbert T. Camasura
Aden University
NESTLÉ S.A. 2
Nestlé S.A.
Nestlé S.A., a highly respected global company that has established its presence
in 189 countries to enable healthier and happier lives through their brands. Nestle offers
their various products with over 150 years of passion for nutrition to bring people tastier
and healthier choice. This is Nestle S.A., a Swiss multinational food and drink processing
conglomerate corporation headquartered in Vevey, Vaud, Switzerland. Nestlé's products
include baby food, medical food, bottled water, breakfast cereals, coffee and tea,
confectionery, dairy products, ice cream, frozen food, pet foods, and snacks. It has 447
factories, operates in 189 countries, and employs around 339,000 people. Its shares are
publicly listed in SIX Swiss Exchange located in Zurich, Switzerland. It belongs to food
processing industry with stock ticker symbol of NESN. As of August 26, 2019 there are
2,976,000,000 shares listed.
Nestlé was formed in 1905 by the merger of the Anglo-Swiss Milk Company,
established in 1866 by brothers George and Charles Page, and Farine Lactée Henri
Nestlé, founded in 1866 by Henri Nestlé. The company grew significantly during the First
World War and again following the Second World War, expanding its offerings beyond its
early condensed milk and infant formula products. The company has made a number of
corporate acquisitions, including Crosse & Blackwell in 1950, Findus in 1963, Libby's in
1971, Rowntree Mackintosh in 1988, Klim in 1998, and Gerber in 2007.
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Vision: “To bring consumers foods that are safe, of high quality and provide
optimal nutrition to meet physiological needs. In addition to Nutrition, Health and
Wellness, Nestlé products bring consumers the vital ingredients of taste and pleasure.”
Nestlé offers a wide portfolio of products and services for people and their pets throughout
their lives. It has more than 2,000 brands range from global icons like Nescafe and
Nespresso to local favorites like Ninho. In its annual review for 2017, Nestle has been
able to sell in CHF billion: 20.4 powdered and liquid beverages, 15.3 nutrition and health
science, 13.4 milk products and ice cream, 12.5 pet care, 12 prepared dishes and cooking
aids, 8.8 confectionery, and 7.5 in water. Because of Nestle clear definition of vision, it
has consistently set its leadership unmatched given tight competition. Nestle has always
regarded research and development to be a big factor that made the company strive hard
to produce good quality food for their customer and also a good basis for Nestle to meet
the health factor for each and every food they offer.
Mission: “Make better food so that people live a better life.” Nestlé is the world’s
largest food and beverages company and is present in 189 countries around the world.
Nestlé’s success is built on its Nutrition, Health and Wellness strategy. Its, Henri Nestlé,
believed that good nutrition was the key to a healthy life. The food processing industry is
growing significantly in every part of the world due to high demand for quality food. The
challenge is for every company in food manufacturing and processing business to make
use of the best services and technology to produce great quality food. This is what Nestle
believes - food and beverages remain core to its strategy, the heart of its business
existence. Its mission statement is very much align to how everyone desires to have
NESTLÉ S.A. 4
good life with a good food. Nestle mission is to provide the tastiest and healthiest choices,
at all times of the day and for all stages of life, delivered in a convenient and time‑saving
manner. It also offers consumer healthcare products to help people meet their health and
wellness goals. This is what Nestlé mean by ‘Good food, Good life’.
Nestlé’s portfolio is well‑positioned for growth. The key to long‑term success
continues to be understanding and serving the consumer. By identifying consumer trends
early and acting quickly to capture them, Nestlé remains at the forefront of the fast‑moving
consumer goods industry. Moreover, it has the largest research and development
network in the food and beverages industry, continually innovating and renovating our
portfolio to meet changing consumer demands. As a matter of fact, in 2017, over 60% of
our R&D budget was dedicated to developing more nutritious products. For the food and
beverages categories, the focus remains on developing tastier and healthier offerings. It
also continues to deliver specific health benefits through its products in categories like
infant nutrition and health science
References
Kolk, Alar (2010, January 14). Visions & Missions of Fortune Global 100. Retrieved
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100/53-NestleVisionTo_bring_consumers_foods_that
(2019, August 24). Nestlé. Retrieved from [Link]
Nestlé AG (n.d.). Retrieved from [Link]
[Link]/exchanges/shares/security_info_en.html?id=CH0038863350CHF4
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Nestle Annual Report 2017 (n.d.). Retrieved from
[Link]
[Link]