date:Apr 26, 2023
ported growth in pet food sales up in volume by 3.5%.
Nestl has increased prices by 9.8% in Q1, compared to Q1 2022, reaching an organic growth of 9.3%. Signaling general volume of sales has decreased by 0.5%.
Nestl delivered strong organic growth in the first quarter, as our teams worked diligently to protect volume and ensure a resilient mix. Portfolio optimization efforts and responsible pricing helped to offset the ongoing pressures from two years of cost inflation, says Mark Schneider,