Nestlé confectionery profit slump ‘not a setback’, says CEO
Nestlé’s confectionery profit margin nosedive in 2013 was a consequence of higher cocoa prices and increased marketing spend that reflect faith in the category, according to the firm’s CEO.
Archives for February 14, 2014
Cloetta aims to stabilize finances for ‘complementary acquisitions’
Scandinavian confectioner Cloetta has posted a modest rise in fourth quarter sales and says it hopes to spend future money it generates on extinguishing its debts and acquiring complementary companies.
Irish NGO calls for sweet-free checkouts
Irish NGO Safefood has called on supermarkets to make checkouts ‘sweet-free zones’ as part of its campaign to tackle childhood obesity.