Nestle cuts prices in Europe to lure recession-hit shoppers
date:Aug 09, 2013
n the second half, as well as investment in its brands. Marketing spending was up 60 basis points in the first half.

Growth in emerging markets also slowed to 8.2 percent, from 8.4 percent in the first quarter. However, the group said it expected growth in its Asia, Oceania and Africa (AOA) region to pick up in the second half.

There was only a slightly positive impact from price changes in China in the first half, but volume growth was good, it said.

Nestle's overall figures compared with th
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