Nestle flags further potential price hikes as tariffs, commodities weigh on margins
Publishing timestamp: 2025-07-24 06:30:39
Summary
Nestle CEO says prices for KitKat bars and Nespresso pods could rise further in second half of year due to U.S. tariffs and commodity price pressures. Company posted better-than-expected first-half sales growth, but faces challenges from higher input costs. CEO vows to refocus business and conduct strategic review of underperforming vitamin brands.
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Keywords: nestle sa, business news, food and drink, breaking news: business, retail industry,