date:Jan 05, 2013
e has decelerated to 13.2% in the last two years, despite the company being aggressive with its Knorr portfolio.
Similarly, Nestle is expected to post its lowest revenue growth of 11.3% in 7 years in 2012. Anand Mour of ICICI Securities, in a report, wrote that Nestle's low revenue growth is driven by channel rationalisation, deceleration in growth of food business and competition in noodles segment.