Seeking Alpha

Nestle sees hitting 5% growth rate

  • Nestle (NSRGY, NSRGF) sees achieving a growth rate of 5% this year, despite starting the period off with a 4.2% rise in Q1.
  • Though the sheer size of Nestle makes its trickier to achieve growth, management says the firm will stick with a plan to prune unprofitable brands instead of looking to restructure.
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