date:Aug 07, 2013
pany saves in good and bad years, that continues. It's not only the supply chain, but also logistics, distribution. They are always saving and this is accelerating.
Investors expect to see Nestle post a flat to slightly lower first-half operating margin, versus 14.8 percent a year ago.
Important raw materials, such as raw sugar and arabica coffee, are at multi-year lows, but Nestle will have hedged them several months forward at higher levels than current spot prices, Kepler Cheuvreux analyst