Manufacturers

Nestlé outperforms in Q1

Nestlé outperforms in Q1

By Anita Awbi

Swiss food giant Nestlé has announced a first-quarter sales rise of
14.1 per cent to CHF22.8bn (€14.5bn), beating analyst expectations
and reconfirming its full-year target of a five to six per cent
growth rate.

Hershey suffers flat sales

Hershey suffers flat sales

By Anita Awbi

Iconic chocolate and snacks brand Hershey has announced
disappointing sales figures, but posted a seven per cent rise in
quarterly profit as the company works on product innovation and
cost minimisation.