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Nestlé

Société des Produits Nestlé S.A.
Public
Traded as SIXNESN
OTC Pink:

NESTLEIND
Industry Food processing
Founded 1866; 151 years ago (1866) (as Anglo-Swiss Condensed Milk Company)
1867 (1867) (as Farine Lactée Henri Nestlé)
1905 (1905) (as Nestlé and Anglo-Swiss Condensed Milk Company)
Founder Henri Nestlé, Charles Page, George Page
Headquarters
Area served
Worldwide
Key people
Peter Brabeck-Letmathe (chairman)
Ulf Mark Schneider (CEO)
François-Xavier Roger (CFO)
Products Baby food, coffee, dairy products, breakfast cereals, confectionery, bottled water, ice cream, pet foods (list...)
Revenue DecreaseCHF 88.8 billion (2015)
Decrease CHF 13.4 billion (2015)
Profit Decrease CHF 9.0 billion (2015)
Total assets Increase CHF 133.45 billion (2014)
Total equity Increase CHF 71.88 billion (2014)
Number of employees
335,000 (2015)
Website Official website

Nestlé S.A. (French pronunciation: ​[nɛsle]; English /ˈnɛsl/, /ˈnɛsəl/, /ˈnɛsli/) is a Swiss transnational food and drink company headquartered in Vevey, Vaud, Switzerland. It has been the largest food company in the world, measured by revenues and other metrics, for 2014, 2015, and 2016. It ranked No. 72 on the Fortune Global 500 in 2014 and No. 33 on the 2016 edition of the Forbes Global 2000 list of largest public companies.

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. Twenty-nine of Nestlé's brands have annual sales of over CHF1 billion (about US$1.1 billion), including Nespresso, Nescafé, Kit Kat, Smarties, Nesquik, Stouffer's, Vittel, and Maggi. Nestlé has 447 factories, operates in 194 countries, and employs around 339,000 people. It is one of the main shareholders of L'Oreal, the world's largest cosmetics company.


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