The activities acquired since 2017 by the world leader in the food industry have grown twice as fast as the group as a whole last year.
“The dynamic was better than expected.” Five years after his arrival at the head of Nestlé (83.1 billion euros), its CEO, Mark Schneider, has a modest triumph. Because the world leader in food is in great shape. Thursday, at the end of a year 2021 complicated by the return of inflation and supply difficulties, the Vevey giant unveiled an organic increase in sales of 7.5%. This is twice as fast growth as in 2020, a year which saw health restrictions favor the sale of its products in supermarkets.
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Admittedly, this performance by Nestlé is partly explained by the price increases deployed to absorb the inflation of its costs (agricultural, energy, logistics, etc.). But by neutralizing this effect, the increase still reached 5.5% over the year. Nestlé is in fact reaping the benefits of the profound transformation driven by its leader since 2017. In five years, the giant of coffee, water, animal and infant nutrition…