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.
ZURICH: Nestle has raised its guidance for 2020 organic sales growth to around 3% after beating third-quarter expectations with a 4.9% growth, driven by strong demand for pet food, coffee and health products.
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.
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