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Nestle: pricing, efficiencies helped offset impact of cost inflation

Nestle: pricing, efficiencies helped offset impact of cost inflation

Reuters · 07/28/2022 01:35
Nestle: pricing, efficiencies helped offset impact of cost inflation

- Nestle said on Thursday pricing, growth leverage and efficiencies helped it to significantly offset the impact of cost inflation in the first half year.

In a presentation to shareholders, it added of Ukraine: "The ongoing war could further affect production and consumer demand or lead to additional impairment charges or loss of assets."


(Writing by Paul Carrel, editing by Rachel More)

((paul.carrel@thomsonreuters.com))