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Nestle's half-year sales worse than forecast

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Nestle's India unit last month reported a 20 per cent slide in second-quarter sales, after its Maggi noodles were pulled off shelves due to safety concerns.

Zurich

NESTLE reported slightly worse-than-expected half-year sales on Thursday, hurt by a recall of its Maggi noodles in India.

The world's largest packaged-food company, with brands such as Nescafe, KitKat and Perrier, reported sales fell 0.3 per cent to 42.84 billion Swiss

sentifi.com

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