Exchange rates affect Nestlé profits
The global reach of Nestlé means that it is particularly susceptible to currency effects, and first half sales at the confectionery-to-mineral water group were down 6.3 per cent as a result.
Archives for August 21, 2003
Fizz back in Champagne business
The two Champagne businesses owned by Martin, the French group which has been run by the administrators since the spring, have been sold to Vranken and Moët & Chandon for a combined €50m.
Like a bull in a beverage market
Syntegra, the billion dollar consulting and system integration subsidiary of BT group, claims to have significantly contributed to a lift in sales performance for the energy drink brand, Red Bull.