Nestlé: mixed outlook for 2025
(CercleFinance.com) - At its Investor Day, Nestlé stated that it expects organic sales growth to improve in 2025, compared with 2024, while the underlying operating margin should be slightly lower than forecast for 2024.
The Swiss food group confirms its targets for 2024, with organic sales growth of around 2%, an underlying operating margin before non-recurring items of around 17%, and overall stable underlying EPS at constant exchange rates.
The margin guidance for 2025 is in line with our expectations of 16.5%, Oddo BHF said, adding that the weak organic growth forecast for next year provides room for portfolio streamlining.
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The Swiss food group confirms its targets for 2024, with organic sales growth of around 2%, an underlying operating margin before non-recurring items of around 17%, and overall stable underlying EPS at constant exchange rates.
The margin guidance for 2025 is in line with our expectations of 16.5%, Oddo BHF said, adding that the weak organic growth forecast for next year provides room for portfolio streamlining.
Copyright (c) 2024 CercleFinance.com. All rights reserved.