Nestlé: Capital Market Day Analysis, Buy Reiterated
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Nestlé's Capital Market Day confirmed its FY24 outlook with 2% organic sales growth and a 17% core operating profit margin. The company plans significant reinvestments in innovation and anticipates improved growth in 2025, focusing on digital transformation, cost savings, and new product innovations.
November 25, 2024 | 5:00 pm
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Nestlé confirmed its FY24 outlook with 2% organic sales growth and a 17% core operating profit margin. The company plans significant reinvestments in innovation and anticipates improved growth in 2025.
Nestlé's confirmation of its FY24 outlook and plans for innovation and digital transformation are positive indicators for future growth. The emphasis on cost savings and new product innovations suggests a proactive approach to maintaining and potentially increasing profitability.
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