Tue, 21-Oct-2025

Nestle posts higher 2021 profit, sales as prices hiked

Nestle

ZURICH: Swiss food giant Nestle’s net profit and sales rose in 2021 as it sold shares in cosmetic company l’Oreal and hiked prices amid soaring global inflation, group results showed Thursday. Businesses have faced supply chain disruptions and decades-high inflation as the global economy recovers from the Covid pandemic and energy prices surge. Nestle, the … Read more