Nestle in sweet spot as coffee booms at home, restaurants reopen


Putting this news in context of the Islamic economy: Nestle is a major supplier of halal-certified F&B globally. The Switzerland-based company itself has not given a definitive number to the sales value of its halal products but it says that more than 160 of its factories in more than 40 countries produce halal products. - Salaam Gateway

Photo via Bloomberg

Published 22 Apr,2021 via Bloomberg Technology & Innovation - Nestle SA sales grew at more than twice the rate analysts expected as the Swiss food giant sold more Nespresso capsules to people working from home and restaurants in Asia stocked up as they started reopening.

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Corinne Gretler