✉news BusinessBusiness first seen 2 d ago, last 2 d ago, peak #1
Nestle beats sales forecasts after excluding seized Russian business
Original: Nestle beats sales forecasts as it excludes seized Russian business
Nestle reported sales that beat analyst forecasts, a result achieved after it excluded its seized Russian business from its figures. The Swiss food giant's performance came in ahead of expectations, drawing attention to how the loss of operations in Russia has affected its reported results. Investors and analysts are watching the company's growth and the treatment of the Russian assets closely.
Why now: Nestle's better-than-expected sales results are fresh financial news that matters to investors.
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