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Nestle has announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month organic sales growth, after failing to raise volumes amid continued price hikes.

RTÉ

Ireland

Nestle misses nine-month organic sales forecast

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Government of Ireland

Nestle misses sales forecast, to streamline organisationNestle is revamping senior leadership and its operating structure, the food giant said on Thursday, as it cut its full-year sales outlook following weaker than expected nine-month underlying sales growth. The packaged food industry has in recent years struggled with soaring costs as everything from sunflower oil and shipping to packaging, grain and energy became […] The post Nestle misses s…

CDE News

Nestle misses sales forecast, to streamline organisation

Nestle said it now expects 2024 organic sales growth to be around 2% and an underlying trading operating profit (UTOP) margin of about 17%

Zawya

NESTLE announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month organic sales growth, after failing to raise volumes amid continued price hikes.

Business Times

Nestle announces restructuring, misses nine-month organic sales forecast

Nestle is revamping senior leadership and its operating structure, the food giant said on Thursday, as it cut its full-year sales outlook following weaker-than-expected nine-month underlying sales gro

Nestle misses nine-month organic sales forecast

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