NESM Stock Price and Chart — SWB:NESM

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Nestle stands to gain from India's GST overhaul, cutting rates on packaged food and medicines to 5%. This is likely to boost sales and volume growth amid urban demand slowdown.

Nestle's CEO Laurent Freixe was fired after an internal probe found violations of the company's code of conduct, including favoritism and a hidden relationship with a subordinate.

Nestle is raising prices in its confectionary and coffee segments due to rising costs, with a 10% increase for confectionary and 5% for coffee. Market share is recovering.

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About Nestle S.A.

Nestlé SA is a nutrition, health, and wellness company, which engages in the business of manufacturing, supplying, and producing prepared dishes and cooking aids, milk-based products, pharmaceuticals and ophthalmic goods, baby foods, and cereals. It operates through the following segments: Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nestlé Health Science; and Nespresso. The company was founded by Henri Nestlé in 1866 and is headquartered in Vevey, Switzerland.

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