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  • Previous Rank70
  • Revenues ($M)$92,285
  • Revenue Percent Change-7.8%
  • Profits ($M)$9,423
  • Profits Percent Change-40.4%
  • Assets ($M)$123,905
  • Employees335,000

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.

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Company Information

CEO
Paul Bulcke
Sector
Food, Beverages & Tobacco
Industry
Food Consumer Products
HQ Location
Vevey, Switzerland
Employees335,000
Websitehttp://www.nestle.com
Years on Global 500 List22
Figures prepared in accordance with International Accounting Standards.

Nestlé Rank History

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%