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5.3
Nestlé Q2 sales exceed estimates; announces water business spin-off and €3B capital raise
Capital.grLO·CH·3 days ago
Nestlé's H1 performance in the Americas was bolstered by volume growth in Brazil and Mexico, with Latin America achieving 5.8% organic growth in Q2. CFO Anna Manz attributed the recovery in sales volume to a deceleration in price hikes, particularly within the coffee and confectionery segments in Brazil.
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