date:Apr 26, 2023
Nestl has continued to hike prices in the first quarter of the year, which has impacted the volume sales of the business, leading to the company to present negative growth in sales in Powders Liquid Beverages, Water, Milk Products Ice Cream and Prepared Dishes Cooking aids with its Nutrition Health Science achieving flat volume growth (0.3%).
Confectionery has been the outlier, with the company increasing its chocolate and snack sales by 5.9%. Outside of human nutrition, the company has re