date:Apr 26, 2023
CEO at Nestl.
High inflation has hurt Nestls margins, which has been dealing with higher costs for dairy, cereals and energy.
Over-reliance on unhealthy products?
Last week, Nestl investors called on the company to rebalance its sales toward healthier products. Investors, coordinated by the NGO ShareAction, expressed their support for Nestls recent nutrition-focused disclosure but said it doesnt go far enough.
ShareAction says 40% of the companys sales of everyday foods are high in salt, su