Tue, 25 Apr 2023 11:55:38 GMT
Nestle posts good results
The stock price of Nestle has spiked almost 2.00% due to the publication of the company's quarterly financial results.
The company appears to be resilient against inflation, as it has hiked its product prices by 9.8%. However, as sales volumes have decreased, the company has experienced a -0.5% decline of what it calls real internal growth.