Food giant Nestle today lowered its full-year outlook as a Maggi noodle scandal continued to drag down third-quarter sales, according to Reuters.
The world’s largest packaged food company’s sales dropped 2.1 per cent to 64.9 billion Swiss francs in the nine months to September, missing analysts’ forecast of SFr65.9bn, (€60.6) in a Reuters poll.
“After a good performance in the first half of the year we were impacted in the third...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team