MIDF maintains 'neutral' on Nestle


KUALA LUMPUR: MIDF Reseach believes Nestle (Malaysia) Bhd will be able to capitalise on growing demand for food and beverage as more consumers remain at home during the conditional movement control order period.

"We think that Nestlé will be ready to capitalise on this trend that it had already put in place digital marketing strategies and distribution channels to support the change in consumer habits," it said in a note.

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MIDF Research , Nestle , Horeca , F&B

   

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