Nestlé ceo Paul Bulcke has predicted a tough year ahead, as the manufacturing giant revealed total sales of CHF92.2bn for 2013, up by 2.7% on the previous year.
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.
UK coffee sales have proved one of the few highlights for food giant Nestlé in its first quarter (Q1) results for 2013, which failed to meet analysts' expectations.
