Month: February 2024

Company Announcement Copenhagen, 22 February 2024 No. 4/2023 ISS A/S, a leading workplace experience and facility management company, today in connection with Company Announcement no. 2/2024 announces that the Board of Directors has decided to initiate a share buyback programme, under which ISS will buy back own shares for a maximum consideration of DKK 1 billion over a 12-month period from 22 February 2024 to 19 February 2025 at the latest, both days inclusive. Through the programme, ISS wishes to redistribute excess cash to shareholders. The purpose of the share buy-back programme is to (i) reduce the share capital and (ii) meet obligations arising from ISS’ share-based incentive programmes. The share buyback programme is based on an authorisation to acquire treasury shares granted to the Board of Directors by the Annual General Meeting...

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) ………….  Nestlé proposes Geraldine Matchett as new independent member of its Board of DirectorsNestlé announced today that it proposes Geraldine Matchett, previously the Co-Chief Executive Officer and CFO at DSM-Firmenich AG, a nutrition, health and beauty company, for election to its Board of Directors. The election will take place at the company’s Annual General Meeting (AGM) on April 18, 2024. After 12 years of dedicated service to the company, Henri de Castries will not stand for re-election to the Board of Directors. In addition, Kimberly A. Ross, who has served on the board for the last six years, decided not to stand for re-election for personal reasons. All other members of the...

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) Follow today’s events live 09:00 CET Press conference webcast 14:00 CET Investor call audio webcast Full details on our website Reports published today 2023 Financial Statements (pdf) Corporate Governance Report (pdf) Annual Review (pdf) | Annual Review online Creating Shared Value and Sustainability Report (pdf) Other language versions available in Publications ………….   Vevey, February 22, 2024 Nestlé reports full-year results for 2023 Organic growth reached 7.2%, with pricing of 7.5% and real internal growth (RIG) of -0.3%. Growth was broad-based across geographies and categories. Total reported sales were CHF 93.0 billion, a decrease of 1.5% (FY-2022: CHF 94.4 billion). Foreign exchange...

Ad hoc announcement pursuant to Art. 53 LR Feintool has reinforced its global market position as a leading supplier of high-volume precision parts, reporting group-wide sales of CHF 847.7 million and an EBIT of CHF 29.9 million (margin 3.5 %) for 2023. Business remained robust in the USA and Asia. Feintool achieved success in the markets of hydrogen and battery-powered mobility. With the planned factory in India, the group is entering an important growth market. Martin Klöti will be proposed as a new member of the Board of Directors. The financial landscape in 2023 presented diverse challenges for the Feintool Group, with varied outcomes across regions and applications. Despite the automotive sector, which represents approximately 80% of Feintool’s sales, experiencing overall modest growth, notable achievements were recorded. Sales...

2023 Full-Year ResultsPress release – Paris, February 22, 2024 Strong full-year resultsConsistently delivering on Renew DanoneNet sales reached €27,619m in 2023, up +7.0% on a like-for-like (LFL) basis, with price up +7.4% and volume/mix down -0.4% Q4 sales growth up +5.1% on a LFL basis, with volume/mix turning positive at +0.8%EDP transformation in Europe continues to deliver results, with volume/mix back to positive territory Solid volume/mix-led performance in North America, mainly driven by International Delight and Oikos Another quarter of strong competitive growth in China, North Asia & OceaniaRecurring operating margin up +40 bps at 12.6%, while reinvesting significantly Record level of free-cash-flow at €2.6 bn, enabling investments and deleverage   Recurring EPS up +3.4% at €3.54, driven by operational performance;...