Nestle: flat volumes
Global volumes weaken.
Nespresso's slow return
Nestle, the #1 global #1 food & beverage maker reported flat volumes in Q3 YTD'23. boosted by price increases. Demand continued steady in WFH-consumer markets e.g. coffee, water. "There were signs of recovery in business supply eg breakroom and restaurants" reported ceo Mark Schneider.
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