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Global 500

Andrey Rudakov — Bloomberg via Getty Images

66

Nestlé

Switzerland

Nestlé turns 150 years old this year but unlike many Big Food makers, it isn’t showing its age. That’s because in a time when rivals are struggling to report consistent sales gains, Nestlé remains on mostly firm footing. Organic sales were up 4.2% last year, with earnings increasing 6.5%, impressive for the behemoth that likes to call itself a leader in nutrition, health and wellness (not just a Big Food player). The diversity of Nestlé’s portfolio is a critical advantage, with sales growth last year aided by higher sales of bottled water, chocolate and petcare items. Nestlé did suffer a debacle in India, where a recall of the beloved Maggi noodles brand cost it half a billion dollars. But Nestlé contends that when trust is challenged, it acts swiftly to deal with any crisis. And it argues that trust is why consumers are still buying many of its impressive portfolio of consumer goods, which includes Kit Kat, Poland Spring, Gerber, and Nespresso.

CEO

Paul Bulcke

Sector

Food, Beverages & Tobacco

Industry

Food Consumer Products

HQ Location

Vevey, Switzerland

Employees

335,000

Years on Global 500 List

22

Figures prepared in accordance with International Accounting Standards.
Nestlé is also featured in these fortune lists
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$92,285-7.8%
Profits ($M)$9,423-40.4%
Assets ($M)$123,905
Total Stockholder Equity ($M)$62,294
Profit Ratios
Profit as % of Revenues10.2%
Profits as % of Assets7.6%
Profits as % of Stockholder Equity15.1%