Nestle likely to do more big acquisitions, says CFO

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ZURICH: Nestle will do more acquisitions, also big ones, the food giant's chief financial officer (CFO) said on Wednesday. 'We have been very discipli...

Pods of Vertuoline are pictured at the Nespresso production plant, part of food giant Nestle, in Romont, Switzerland. – REUTERSPIXNestle will do more acquisitions, also big ones, the food giant's chief financial officer said on Wednesday.

Roger said Nestle did not want to deleverage the company or reduce its scale so acquisitions were clearly on the agenda if they were a strategic and cultural fit and offered a proper financial return. Roger said Nestle would continue to generate efficiencies, but would not let all of them flow to the bottom line.

 

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