date:Aug 07, 2012
bination of private label and other branded companies. So, Nestls issues appear company specific and they are not due solely to category weakness or widespread private label gains.
Price inflation
Wood said price inflation in 2011 had hit volumes for the food manufacturer, the name behind brands such as Nescaf, Nesquik, Haagen Dazs and Maggi flavourings.
Despite a slow down in price inflation in the first half of 2012, he said:With the lower pricing and/or increased promotion of 2010, volumes