Nestle India’s Biodigester Project converts cattle manure into clean biogas, reducing emissions and supporting regenerative agriculture in Punjab and Haryana’s dairy farms.
Category: FMCG
Colgate-Palmolive Co (CL) (Q1 2024) Earnings Call Transcript Hig
Release Date: April 26, 2024For the complete transcript of the earnings call, please refer to the full earnings call transcript. Q & A Highlights Q: Can you expand on where the upside in organic growth guidance is coming from versus your prior expectations? A: Noel R. Wallace – Chairman, CEO & President: The upside is largely due to balanced organic sales growth, with strong pricing across the board and share growth globally. This includes volume growth despite headwinds and robust…
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Nestle India Outlook for the Week (April 29, 2024 – May 03, 2024)
Chasing Procter & Gamble’s Reliable Dividends? A Hidden Opportunity Awaits For Savvy Investors
Chasing Procter & Gamble’s Reliable Dividends? A Hidden Opportunity Awaits For Savvy InvestorsBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Founded in 1837, The Procter & Gamble Company (NYSE:PG) is one of the largest manufacturers of fast-moving consumer goods. The conglomerate has weathered economic storms and market fluctuations, proving its resilience time and again.P&G’s diversified product base provides a steady stream of revenue,…
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Source: https://finance.yahoo.com/news/chasing-procter-gambles-reliable-dividends-180915662.html
Colgate-Palmolive Brushes Up Its Sales Forecast After a Sparkling Quarter
What’s going on here?Colgate-Palmolive started the year strong, outperforming expectations with its first-quarter earnings. This success led the company to raise its sales growth forecast from an initial 3-5% to an optimistic 5-7%.What does this mean?Fueled by growing demand in self-care and pet nutrition, Colgate-Palmolive’s effective pricing strategies and product appeal drove prices up by 8.5% this quarter. The company saw a 1.3% increase in organic sales volumes, resulting in $5.07…
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Nestle denies ‘double standard’ on baby food in poorer countries, ET BrandEquity
Nestle denied Thursday that it was applying any “double standard” after an NGO accused the Swiss food giant of selling baby food with high levels of added sugar in low-income countries but not in wealthier nations.”There is no double standard,” the company said in a statement. “We apply the same nutrition, health and wellness principles everywhere.”In a report published last week, Swiss NGO Public Eye said that “two of the best-selling baby-food brands…
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‘Misleading claim will attract…’: Ayush ministry warns ayurvedic drugmakers after Patanjali’s ads debacle
The Ministry of Ayush reportedly issued a warning to all Ayurvedic, siddha, unani, and homoeopathic drugmakers after the Supreme Court pulled up Patanjali Ayurved Ltd in connection with a misleading advertisements case.
According to News 18, the Ayushi ministry issued the warning, asking the drugmakers to…
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Colgate-Palmolive First Quarter 2024 Earnings: Beats Expectations
Colgate-Palmolive (NYSE:CL) First Quarter 2024 ResultsKey Financial ResultsRevenue: US$5.07b (up 6.2% from 1Q 2023).Net income: US$683.0m (up 84% from 1Q 2023).Profit margin: 14% (up from 7.8% in 1Q 2023).EPS: US$0.83 (up from US$0.45 in 1Q 2023).earnings-and-revenue-growthAll figures shown in the chart above are for the trailing 12 month (TTM) periodColgate-Palmolive Revenues and Earnings Beat ExpectationsRevenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed…
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Source: https://finance.yahoo.com/news/colgate-palmolive-first-quarter-2024-135129464.html
Key P&G Suppliers Honored with 2024 Partner of the Year Awards
4/27/2024Company recognizes top-performing suppliers committed to sustainable partnerships for growth.
This year, P&G celebrates the impact of our diverse network of external business partners or suppliers and recognizes the very best with a P&G Partner of the Year Award. This award goes to suppliers that have gone above and beyond in delivering sustained value to our business and the consumers P&G serves. This year, P&G also proudly recognized a distinguished group of five suppliers with…
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Nestlé India launches the much-awaited NESPRESSO
April 27, 2024: The much-awaited NESPRESSO, the pioneer in premium coffee with its range of exclusive coffees will be launched in India by the end of 2024. The NESPRESSO coffees and machines will be available in both original and professional systems, to serve domestic and professional consumers. The first NESPRESSO boutique is intended to be opened in Delhi, before expanding to other key cities. NESPRESSO will also be sold online through e-commerce platforms. This launch will…
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Source: https://punemirror.in/nestle-india-launches-the-much-awaited-nespresso/