Nestle, the food giant whose brands include Nespresso coffee and Perrier water, saw first-quarter sales figures slump due to the strong value of the Swiss franc and a baby formula recall, but sales volumes overall edged higher.
The maker of Purina dog food, Maggi bouillon cubes, Gerber baby food and Nesquik chocolate-flavoured drinks has struggled with flagging consumer demand in key markets in recent years.
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