Nestle is among the eight companies which Maybank IB is issuing the call warrants over the shares.
ZURICH: Nestle SA reported the strongest start to a year since 2016 as the world’s largest food company raised prices and its underperforming US frozen-food brands Hot Pockets and Stouffer’s returned to growth.
Revenue climbed 3.4% on an organic basis in the first quarter, as chief executive officer Mark Schneider beat the 2.8% analyst consensus by the biggest margin since he started leading the Swiss company in 2017.
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