All the updated news related to mark schneider

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Nestle lifts sales guidance as it faces ‘sharp increase’ in costs

Food and drink giant Nestle has been hit by a “sharp increase” in costs but lifted its sales guidance for the year. The KitKat and Cheerios maker updated investors about its latest trading ahead of an investor seminar on Tuesday. The Swiss company ...

29 Nov 2022 at 13:08

City

Nestle reveals tumbling net profits as prices hiked for shoppers

KitKat and Nescafe coffee maker Nestle has revealed its net profits tumbled by 45% as cost inflation led the global food and drink giant to hike up the prices of its products. The Switzerland-headquartered company, which owns some of the world’s ...

16 Feb 2023 at 10:31

City

KitKat maker Nestle puts up prices by nearly 10%

KitKat maker Nestle increased its prices by an average of nearly 10% in the first three months of 2023. The Swiss food and drink giant said ice cream and pet food saw particularly sharp rises. The group, which owns brands such as Haagen Dazs, ...

25 Apr 2023 at 10:49

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