Contrarian Corpus
Third Point vs. Nestlé

Nestlé · NESN

1 deck published between 2017-06-25 and 2017-06-25 — 8 pages, 8 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2017-06-25 initial thesis

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    8pp · letter

    Nestlé's world-class brand portfolio masks decade-long underperformance; new CEO Schneider must adopt margin and leverage targets, reshape the portfolio, and monetize L'Oréal to drive EPS to CHF 5-6 by 2020.