Subject: Re: Nestlé

Volkswagen

Right. Here is the table, corrected for format, and even the net income numbers got messed up, hopefully everything is right now:

                  2019  2020  2021  2022  2023  market cap
Nestlé: sales       96    96    96   103   111
        net income  13    14    19    10    13  $258b (20x)

X:      sales      283   272   285   299   356
        net income  15    10    17    16    18  $ 55b (3x)

All figures in billions of US$.