Good Food, Good Life |
|
Public | |
Traded as |
SIX: NESN OTC Pink: : : NESTLEIND |
Industry | Food processing |
Founded | 1866 1867 (as Farine Lactée Henri Nestlé) 1905 (as Nestlé and Anglo-Swiss Condensed Milk Company) |
(as Anglo-Swiss Condensed Milk Company)
Founder | Henri Nestlé, Charles Page, George Page |
Headquarters |
|
Area served
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Worldwide |
Key people
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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 | CHF89.46 billion (2016) |
CHF13.16 billion (2016) | |
Profit | CHF8.88 billion (2016) |
Total assets | CHF131.9 billion (2016) |
Total equity | CHF65.98 billion (2016) |
Number of employees
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335,000 (2016) |
Website | Official website |
Nestlé S.A. (French pronunciation: [nɛsle]; English /ˈnɛsleɪ/, /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.