Nestle projects revenue to grow on slower pace

Source: Bloomberg
© Scanpix/Reuters
Nestle SA, the Swiss-based largest food company in the world, expects its revenue to rise slightly in 2014, close to its worst growth pace of 4.1%, registered in 2009. As predicted, sales will pick up 5% this year. At the same time, company expects the sales to rise faster in the second half of the year. Today, Nestle SA equities are trading down 1.3% to 66.20 francs by 9:45 GMT in Zurich.
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