Nestle’s share has always been expensive; this time buoyed by high expectations that it is returning to form after the Maggi episode. Another reason, faced by other companies too, is that it may be offering discounts to spur volume sales growth. Nestle India Ltd is taking a different approach, doing the above and launching new products, as it recovers from the Maggi noodles recall episode. That implies that ex-noodles, its sales declined possibly by a significant number. Normally, sequential sales growth in consumer companies is ignored due to seasonality.

Source: Mint August 03, 2016 05:37 UTC