At the investors seminar, Nestlé outlined its roadmap for the 2020 horizon. The main points are as follows: • An organic top-line growth target of mid single-digit by 2020. • An underlying trading operating margin target of 17.5% to 18.5% by 2020 vs. 16% in FY16 (the underlying trading operating margin excludes costs of restructuring). • Around CHF2.5bn estimated restructuring costs from 2016 to 2020 (CHF0.2bn incurred in FY16, CHF0.5bn is expected to be delivered in FY1
09 Oct 2017
Investors seminar: a convincing roadmap outlined
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Investors seminar: a convincing roadmap outlined
Nestle S.A. (NESN:PRA) | 0 0 0.2% | Mkt Cap: 236,088m
- Published:
09 Oct 2017 -
Author:
Anna Zyniewicz -
Pages:
3
At the investors seminar, Nestlé outlined its roadmap for the 2020 horizon. The main points are as follows: • An organic top-line growth target of mid single-digit by 2020. • An underlying trading operating margin target of 17.5% to 18.5% by 2020 vs. 16% in FY16 (the underlying trading operating margin excludes costs of restructuring). • Around CHF2.5bn estimated restructuring costs from 2016 to 2020 (CHF0.2bn incurred in FY16, CHF0.5bn is expected to be delivered in FY1