Confectionery, particularly chocolate, is one of Nestle's flagship businesses and has often been the subject of speculation among industry watchers and the investment community. For much of the last decade, talk centred on whether Nestle...
Nestle today (15 June) announced it plans to "explore strategic options" for its US confectionery business, including the possible sale of the Butterfinger-to-Raisinets brands.
Nestle today (25 April) announced plans to cut almost 300 jobs from its confectionery business in the UK.
Announcing's Nestle 2016 results today (16 February) newly-installed CEO Mark Schneider revealed growth at the Swiss food giant came in below expectations. All eyes are now on Nestle's direction under Schneider, who joined the business at the start of this year. Will there be a greater focus on margin enhancement? Has Schneider totally abandoned the 'Nestle model' targeting 5-6% organic growth each year? Could large-scale acquisitions or disposals be on the cards? Katy Askew investigates.
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