Nestle to remain resilient


An empty office space is seen during the outbreak of the coronavirus (COVID-19) disease during the Conditional Movement Control Order (CMCO). Senior Minister Datuk Seri Ismail Sabri Yaakob says, Only those in the public sector and industries under the International Trade and Industry Ministry (Miti) are affected by the work-from-home directive in areas under conditional movement control order starting Thursday (Oct 22). — MUHAMAD SHAHRIL ROSLI/The Star

PETALING JAYA: While rising commodity prices pose a challenge to the food and beverage industry this year, Nestle (M) Bhd will likely see its margins somewhat protected, thanks to the company’s hedging policy.

Analysts in general continue to like the company for its resilience and market-leading position in the fast-moving consumer good (FMCG) sector, as well as its attractive dividend yield.

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Nestle , RHB Research , resilient , hedging policy ,

   

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