The maker of Maggi noodles, Nescafe coffee and KitKat chocolate wafer bars confirmed its 2024 guidance of organic sales ...
Nonetheless, the company’s domestic sales crossed Rs 5,000 crore this quarter, and its standalone net profit was up 27 percent.
Nestle has warned that more price rises could be on the horizon as it battles steep cost inflation. The KitKat and Shreddies maker said it has already increased prices by more than 5% over the ...
THE cost of a KitKat and other top chocs has risen as Nestlé experiences big increases in the cost of raw materials. The York confectioner says it is doing everything it can to cushion the ...
KitKat and Nescafe coffee maker Nestle has revealed its net profits tumbled by 45% as cost inflation led the global food and drink giant to hike up the prices of its products. The Switzerland ...
The price of chocolate in Australian supermarkets could soon go much higher and it is all for one very simple reason. In the last week alone, cocoa prices hit a record $8,643 per metric tonne ...
Instant coffee is making a comeback as consumers struggling under the weight of rising bills, steeper rent and higher ...
Bhd hit a multi-month high yesterday, on the back of its latest financial results which came in within analyst expectations.
Suresh Narayanan of Nestle India points out that the operating margins are up by 270 basis points, net profits by 250 basis points and cash generation by over 41 billion, that is about 17% of sales.
Sales of instant cappuccino sachets and the classic Nescafe range are up as offices and homes facing cost of living pressures ditch barista brews. This has delivered a local kick in demand for the ...