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Nestle sees faster growth after weak start to year
date:Apr 16, 2014
Nestle (NESN.VX) expects sales growth to pick up in the next few quarters after slowing to 4.2 percent in local currencies in the first, when unusually cold weather hit sales in North America and cost-conscious Europeans continued to opt for cheaper brands.

The maker of Maggi soups and Nescafe instant coffee is facing hard times, with sluggish growth in emerging markets no longer making up for weak sales in the developed economies that account for most of its business.

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12/22 01:03