Nestle raises organic growth outlook, trims margin guidance
Updated: 28 Jul 2022, 11:10 AM IST
TL;DR.Consumer goods firms are facing sky-rocketing input costs for raw materials, energy and transportation, and while many consumers so far seem to accept the ensuing price increases, delays in implementing them are squeezing companies' margins.
FILE PHOTO: A logo is pictured on the Nestle research center at Vers-chez-les-Blanc in Lausanne, Switzerland August 20, 2020. REUTERS/Denis Balibouse/File Photo GLOBAL BUSINESS WEEK AHEAD