vegassports-odds.com
vegassports-odds.com March 25, 2017


Nestle reports net decline of 8.66% in its fourth quarter

16 February 2017, 01:25 | Winifred Adams

Nestle said full year net profit came in at Sfr8.5 billion, missing analysts' estimates of Sfr9.59 billion on sales of just under SFr90 billion.

CEO Mark Schneider said the group's new organic sales growth target of between 2% and 4% was "prudent" given the global economic uncertainty and what he described as a deflationary environment.

Swiss food giant Nestle said Thursday that its headline profits were hit by one-off tax effects in 2016, and expressed caution for the outlook for the current year.

Underlying earnings per share were 3.40 francs, up 3.4 percent in constant currency.

Revenues rose 0.8% to 89.47 billion Swiss francs (£71.4 billion) over the period, but it had to stomach a double-digit decline from Chinese food company Yinlu, in which Nestle took a 60% stake in 2011.

Terrence Ross participates in Orlando's Wednesday shootaround
Now with only Terrence Ross and a mid-20's draft pick to show for those three pieces, the move is unquestionably a disaster. Ibaka can fill the void left by Bismack Biyombo who also signed with Orlando last summer.

Oroville Dam evacuation victims on their own, for now
Chris Orrock, spokesman for the Department of Water Resources, explained the two-part approach to repairs. That's something they aim to avoid by continuing the high-ouput release of the main spillway.

Phillauri's first song 'Dum Dum' launched, Anushka, Diljit shares first look
The lyrics of the song are magical and will give you goosebumps. "You make everyday seem like one for me ❤❤". The actress mentioned in the caption of the post that this will be a sufi love song of the movie.

"In 2017, we expect organic growth between two and four percent".

Growth in emerging markets slowed to 5.3 percent from 7.0 percent a year ago, hit by continuing problems at the Yinlu drinks business in China.

In 2016, restructuring costs amounted to 300 million Swiss francs. We saw a solid trading operating profit margin improvement and our cash flow grew significantly.

Nestle proposed to increase its dividend to 2.30 francs per share, after 2.25 francs past year.

The company at its meeting held on February 15, has recommended final dividend for the year 2016 of Rs 23 per equity shares of Rs 10 each and its 58th Annual General Meeting will be held on May 11, 2017.



Other News

Trending Now

Caf warns Cosafa over planned meeting
It is a personal matter. for my birthday, my family and I do this yearly without fail. We have to be more open, more transparent and inclusive in Caf".

When Is WWE WrestleMania 33? Date, Location & Start Time
A flawless example of this is Sasha Banks, who is now sporting a knee injury on television but still takes part in house shows. She might not actually return to TV until after Wrestlemania , though, as the card is packed enough as it is.

Aleksander Barkov, Nick Bjugstad each score 2, Panthers top Sharks
Barkov dished past a stick-less David Schlemko to Huberdeau, who pushed it five-hole past Jones to give the Panthers the 6-5 win. That game was just over two weeks before the Panthers changed coaches, as Tom Rowe replaced Gerard Gallant on November 28.

Bethesda's 'Prey' Releases Gameplay Trailer 2 and New Details
It isn't until reaching the atrium of Prey's first real hub area that you find the familiar labyrinthine level design, either. The one thing that the game's initial areas make abundantly clear, though, is that no encounter can be taken lightly.