(MENAFN) Nestl" S.A., the top Swiss transnational food and Beverage firm, has been dragged down with many of its top of the line rivals amid the global turmoil, as it logged a fall in overall revenues, thus its profits were waning over the 1st half.
However, the company's 64 brands and the fact that it's the largest food company in the world measured by income, has helped preserve its status and keep profits in line with the projected estimations, thus rendering as a survivor.
Moreover, Nestl" has significantly improved bottom line in the course of its very long history line, which therefore allowed the Vevey-based behemoth to conduct a vast number of acquisitions, hence boosting its overall status.
Furthermore, Nestl"'s numerous products include baby food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen food, pet foods, and snacks, not to mention its involvement in top researches.
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