Overview
Description
Nestlé S.A. Depositary Receipt is a financial asset that enables investors to gain exposure to the renowned Swiss multinational food and beverage company, Nestlé S.A., without direct investment in the foreign stock market. Depositary receipts are designed to overcome barriers such as currency exchange and facilitate investment in international companies. Nestlé, known for its diverse range of products including dairy, water, nutrition, and pet care, is a key player in the consumer goods industry. By holding these receipts, investors can indirectly invest in Nestlé's growth and profitability, and receive dividends in their local currency. The role of Nestlé S.A. Depositary Receipt in the financial market is to provide liquidity, enable diversification, and bridge the gap between regional markets and global corporations, making it accessible to investors looking to benefit from Nestlé's vast global footprint and innovative product offerings.
About
CEO
Mr. Philipp Navratil
Employees
251786
Address
Avenue Nestlé 55
Vevey, 1800
Vevey, 1800
Phone
41 21 924 1111
Website
Instrument type
Depositary receipt
Sector
Consumer Defensive
Industry
Packaged Foods
Country
Germany
MIC code
XFRA