Nestlе

Nestlé sales go flat in first quarter

Swiss food and drink giant Nestlé has reported anaemic sales growth as Asian market strength was offset by weak consumer spending in the Americas. First quarter sales rose 0.4 percent to 21 billion Swiss francs (21.1 billion dollars), slightly below analyst expectations of 21.3 billion francs, compiled bythe AWP agency. But organic sales growth, which […]






Nestlе

Nestle optimistic despite dip in profits

Nestle, the world’s largest food company, last week reported a 9.1 percent fall in profits through the first six months of 2016, but said its sluggish performance should be reversed in a strong second half. The Switzerland-based company posted 4.1 billion Swiss francs ($4.3 billion, 3.9 billion euros) in profits through the first half of […]