Nestle's overhaul starts to pay off as growth accelerates
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.
Published Date: Feb 14th, 2019 06:21 PM | Updated Date: Feb 14, 2019 06:21 PM IST
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