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Nestle cuts prices in Europe to lure recession-hit shoppers
date:Aug 09, 2013
reported a slowdown in sales growth in emerging markets, echoing a pattern seen at other consumer goods companies.

However, formerly best-in-the-class Nestle is struggling more than rivals like Unilever and Danone , which are benefiting from their strength in better-performing cosmetics and baby food markets respectively.

Compared with its direct peers, Nestle's Q2/H1 2013 results look rather soft ... We are inclined to reiterate our relative preference for Danone and Unilever, Helvea analyst

12/23 08:58