Nestlé’s weak sales at the end of the year meant growth was below expectations for the company in its full-year results for 2017, according to ceo Mark Schneider.
Nestlé has posted its fifth consecutive year of falling organic growth – after a “challenging year” in the UK – in its latest financial results for the 12 months to December 31.
A double whammy of low consumer confidence in developed countries and lower growth in emerging markets combined to subdue Nestlé’s half yearly trading performance, figures published today reveal.
Nestlé’s performance in the UK was ‘particularly positive’ in 2010, trumping ‘resilient’ performances in Germany, Iberia, Italy and Switzerland, bosses have revealed.
