Accueil > Actualité
Actualite financiere : Actualite bourse

Nestlé: UBS targets gradual improvement in profitability

( - The analyst highlights the rise in Q2 thanks to the improvement in real internal growth, which measures the evolution of sales volumes.

The CEO's comments point to a significant improvement in real internal growth from the second quarter onwards, as the intensification of marketing and the increase in the rate of innovation begin to bear fruit, the broker notes.

UBS is reiterating its buy recommendation on Nestlé shares, as well as its TP of 117 CHF, which represents 22% upside potential for the Swiss food group's shares.

"We expect a gradual improvement in group's OSG/ RIG this year", UBS says.

The Swiss food giant still says it expects organic sales growth of around 4% this year, accompanied by a "moderate" increase in its recurring operating margin.

Copyright (c) 2024 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.