The group, home to other beverage brands including Jameson whiskey and Havana Club rum, reiterated its medium-term financial targets. It intends to reach the upper end of its target range of between 4 ...
For the full year, the company raised its margin guidance on a strong third-quarter performance. It now forecasts operational Ebita margin to be slightly above 18%, previously guiding for around 18%.
Nestle again trimmed its expectations for sales growth in 2024 after shoppers spent less on its products over the first nine months of the year.