Sale Nestlé reports full-year results and wants to sell Herta
The company will explore strategic options for the Herta charcuterie (cold cuts and meat-based products) business as a further step in positioning the portfolio towards attractive high-growth categories like alternative proteins.
This business is no longer healthy enough for Nestlé, the world's largest food producer. This is why the Group wants to sell the traditional brand. By the end of the year, the managers around CEO Mark Schneider will be examining their options.
In 2019 the company expects continued improvement in organic sales growth and underlying trading operating profit margin towards our 2020 targets. Underlying earnings per share in constant currency and capital efficiency are expected to increase.