date:Feb 14, 2014
Nestle expects another challenging year that could see it undershoot its long-term targets again, after pressure on prices in Europe and weaker emerging market demand slowed sales growth to 4.6 percent in 2013.
Food companies face slacker sales both in emerging markets, where economies are losing steam, and in austerity-hit Europe where consumers are tightening their belts.
Chief Executive Paul Bulcke said the European market was not getting better and voiced concern that the region could ente