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Profit Warnings? Nestle Says Insurgency,Ebola is Affecting Operations

Nairametrics by Nairametrics
December 3, 2014
in Uncategorized
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  • Nestle has pressed the alarm button as we approach the end of the financial year.
  • Bloomberg reports the Militant insurgencies across West Africa are weighing on Nestle SA (NESN)’s business in the region, adding to the pressures of currency depreciation, high inflation and the Ebola outbreak.
  • The Head of Asia, Africa and Oceania Nandu Nandkishore, Nestle’s  saidIslamist rebellions in some countries are undermining consumer confidence,.

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