date:Aug 07, 2013
e analyst who did not want to be named.
They will likely take more radical measures on their assets, not necessarily to sell entire businesses but they could stop developing certain activities in some markets, she said, citing ice cream in the United States as a relatively unprofitable area.
She said Nestle, which earmarks cost savings of about 1.5 billion Swiss francs ($1.61 billion) each year, could speed up cost savings in the Americas, which contributes around 45 percent of sales.
The com