Nestle's overhaul starts to pay off as growth accelerates
Updated : February 14, 2019 06:21 PM IST
Improvements in China, North America and in its infant nutrition business last year helped the maker of KitKat chocolate bars and Nescafe coffee to break a run of sluggish growth linked to consumers' preference for fresh food. It forecast sales improvements of more than 3 percent in 2019.
Chief Executive Mark Schneider said portfolio changes could well exceed the figure of 10 percent of group sales he guided toward in September 2017.
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