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Gradual sales recovery expected for Nestle
Financial Express Chandigarh
|February 04, 2025
● Planning price hike in Q4 due to rising raw material costs
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NESTLE REPORTED A 3.9% y-o-y revenue growth in Q3, which was broadly in line with but slightly below our estimate and Bloomberg consensus forecasts of 5.1% and 4.3%. Growth was primarily price-driven (+2.8% y/y), while tonnage rose by 2.5% y/y, and mix impact was negative at -2% y/y. The company highlighted food inflation and urban demand moderation as key concerns, though rural consumption showed a gradual recovery. We believe Beverages (coffee) sales grew in high-teens led by pricing while Prepared dishes (Maggi) and chocolates grew in high-single-digit, while milk products and nutrition portfolio declined in mid-si
Bu hikaye Financial Express Chandigarh dergisinin February 04, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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