Nestle Malaysia posts 4Q earnings recovery on higher sales, exports

"We will continue to focus on ensuring the safety of our people, the continued supply of our products to our customers and will again help vulnerable communities through different programmes," said Nestle Malaysia CEO Juan Aranols

KUALA LUMPUR: Following an earning recovery in the second half of 2020, Nestle Malaysia Bhd expects to face ongoing headwinds in 2021 as a result of the Covid-19 pandemic.

Announcing Nestle's FY20 results, CEO Juan Aranols said the group forecasts continued repercussions from the pandemic, especially in the first half of the year.