Shares of FMCG company Nestle India fell by 2.2% to their day’s low of Rs 2,327 on BSE after the company on Thursday reported a consolidated net profit of Rs 899 crore for the quarter ended September ...
LONDON, Oct 18 (Reuters) - Nestle's plans under new CEO Laurent Freixe to restructure and sharpen its focus on its top brands were welcomed by investors, but executing a turnaround strategy ...
In 2018, Ferrero snapped up Butterfinger from Nestlé, along with Baby Ruth, 100 Grand, Raisinets, Crunch, and other smaller candy brands for $2.8 billion, reports FoodDive. The company reportedly ...
Six months after facing backlash over high sugar levels in Cerelac, Nestlé India launches a new baby food range with no refined sugar. Chairman Suresh Narayanan announced that 14 out of 21 ...
Nestle India Q2 Results: Nestle India reported a consolidated net profit of Rs 899 crore for Q3 2024, slightly down from Rs 908 crore YOY. Revenue from operations grew by 1.3% to Rs 5,104 crore.
Shoppers around the world are spending more cautiously, Nestlé warned Thursday, prompting the packaged-food company to increase promotions to persuade consumers to open their wallets. “The ...
LONDON, Oct 17 (Reuters) - Nestle (NESN.S), opens new tab on Thursday said shopper "concerns around the election" in the United States are putting further pressure on demand in its biggest market ...
Nestle has said its sales have suffered this year due to boycotts of companies linked to Israel. The Swiss conglomerate, which owns brands including Nescafe and KitKat, has become a major target ...
Nestle SA Chief Executive Officer Laurent Freixe is streamlining management at the world’s biggest foodmaker just six weeks into the job, as sales growth slows to the lowest in decades.
(Bloomberg) -- Nestle SA Chief Executive Officer Laurent Freixe is streamlining management at the world’s biggest foodmaker just six weeks into the job, as sales growth slows to the lowest in decades.