Nestle holds outlook as organic sales rise 3.5 percent
The food giant reported first-quarter sales growth of 3.5 percent as consumers shift toward dining at home. The company maintained its full-year growth outlook.
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NESTLE SA-REG has confirmed its full-year financial outlook, reporting that the ongoing geopolitical conflict in the Middle East has had a limited impact on its global operations thus far. Despite the volatility following military actions involving the United States, Israel, and Iran, the world’s largest packaged food company remains optimistic about its organic growth targets.
