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Tag Archives: Nestle 2016

Nestle sees continued sales slowdown

Investec Switzerland. Nestle SA forecasts 2016 sales below analyst estimates, increasing pressure on Chief Executive Officer Paul Bulcke to find new areas of growth as he enters the home stretch of his tenure. © Zhukovsky | Dreamstime.com Revenue growth will be similar to last year’s 4.2 percent on an organic basis, itself the slowest pace in six years, the Vevey, Switzerland-based maker of Nespresso coffee and Gerber baby food said Thursday. Nestle also reported full-year...

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