Nestle Products

Nestle has bigger appetite for India; increasing presence in rurban markets

The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets

Nestle India could sustain sales growth outperformance in coming quarters

Near-term margins, however, may remain under pressure

Nestle to invest Rs 5K crore in India by 2025: CEO Mark Schneider

The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity

Nestle India eyeing new categories to push growth: CMD Suresh Narayanan

Nestle India is looking to tap opportunities in new categories such as 'healthy ageing', 'plant-based nutrition' and 'healthy snacking' to boost growth in the country, CMD Suresh Narayanan said

Nestle slashes stake in L'Oreal by selling shares worth $10 billion

Nestle sold 22.3 million shares of Clichy, France-based L'Oreal, for €400 each

Nestle shrugs off Covid-19 impact thanks to pet food and health nutrition

The world's biggest food group has weathered the COVID-19 pandemic better than some peers as its focus on high-growth categories helped offset a slump in food sales to restaurants and cafes

Nestle cuts 2020 growth forecast as consumers ate into stockpiles in Q2

Swiss giant lowers its expectations for organic growth this year to 2-3%, from 'more than 3.5%' previously

Nestle Q1 sales beat estimates as consumers hoard pet food, coffee

Analysts on average were expecting a 3.0% increase in first-quarter underlying sales growth, according to company-supplied estimates

HUL to Nestle, brands are using green marketing initiatives to woo buyers

As a political blame game ensued, such environment disasters show the great opportunity that brands have to display their green leanings

With Milo's relaunch, Nestle builds a millennial track around its brands

A fresh launch for Milo, healthy noodles, and conscious digital-focused advertising is driving the Swiss multinational's plan for India

FMCG not as badly hit by slowdown as some other sectors: Nestle India CMD

Firm's chief says double digit will be difficult, but the kind of issues faced by other sectors may not get replicated in FMCG, as it still has plenty of low-payout, low-budget essentials

Milk, beverages a drag on Nestle

While beverages posted 1.3% volume growth, milk products declined for the fifth year in a row