date:Jul 09, 2014
Growth in sales for the worlds top-50 FMCG firms has halved from 5.6% in 2012 to 2.9% in 2013, as a result of exchange rate volatility, falling commodity costs and increased competition from local players according to research unveiled by OCC Strategy Consultants in collaboration with The Grocer.
OCCs annual Global 50 Index, the only analysis of the financial statements of the top-50 FMCG firms globally, has revealed that companies are struggling to find growth at the same pace they have seen