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Nestle expects slower growth this year after good 2021

Food group Nestle said today it expected underlying sales to rise around 5% and a broadly stable margin this year after strong demand for coffee and pet food as well as price hikes helped growth accelerate ahead of expectations in the fourth quarter.
Business • 17 Feb 22

Smurfit Kappa's profits rise despite cost headwinds

Paper and packaging giant Smurfit Kappa said it expects to increase prices further this year to recover high costs after a mix of price hikes and bumper demand delivered record earnings amid "significant and unprecedented cost inflation" in 2021.
Business • 09 Feb 22

Nestle sees higher input cost inflation next year

Nestle expects even higher input cost inflation in 2022 than this year, the world's biggest food group's chief financial officer has said.
Business • 10 Sep 21

Agrifood SMEs optimistic but cost inflation impacting

Sentiment among Irish food and agribusinesses has bounced back from the pandemic, although a significant portion of firms have reported a negative impact from Brexit and many are dealing with significant cost inflation.
Business • 08 Sep 21

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