Moneycontrol PRO

Nestle’s superior working capital management gives it an edge over peers

February 18, 2020 / 01:45 PM IST
Nestle’s superior working capital management gives it an edge over peers

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Highlights - Double-digit domestic sales growth - EBITDA margin improved although commodity prices were higher - Valuation premium likely to sustain, due to a strong balance sheet and cash conversion cycle Nestle’s (CMP:Rs 16,356 MKT Cap: Rs 157,702 crore) domestic show in its latest quarterly results was ahead of its peers. Steady growth, even in a challenging demand environment, was aided by new launches, aggressive marketing spend and distribution expansion. Its current performance is an extension of its transformation, after the food safety crisis faced by its...

  • PRO Panorama

    Moneycontrol Pro Panorama | Banking crisis: Will Powell pause?

    Mar 22, 2023 / 03:09 PM IST

    In today’s edition of Moneycontrol Pro Panorama: India likely to maintain growth momentum, gold is back in the limelight, China'...

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender: Between the Fed and a hard place

    Mar 11, 2023 / 11:38 AM IST

    The Fed is caught between combating inflation and worries over a financial mishap

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers