Nestle settles for modest sales growth target after Q1 slowdown

Swiss food giant Nestle maintained its modest 2-4 percent growth target for underlying sales this year, slightly less than Anglo-Dutch rival Unilever (ULVR.L), after growth in the first quarter was hit by weak consumer demand for packaged foods in North America and weaker prices in western Europe.

Sourced through Scoop.it from: uk.reuters.com

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