Nestlé results defy ‘doom and gloom’ over formula recall

Philipp Navratil Chief Executive Officer Nestle

Source: Nestlé

Nestlé’s turnaround under new CEO Philipp Navratil has taken hold, as organic growth accelerated to 3.5% and plans to sell its remaining ice cream businesses to its Froneri joint venture have reached “advanced” stages.

Nestlé’s turnaround under new CEO Philipp Navratil has taken hold, as organic growth accelerated to 3.5% and plans to sell its remaining ice cream businesses to its Froneri joint venture have reached “advanced” stages.

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