Nestle wants to keep earnings and sales growth in balance

Nestle (NESN.S) will keep making sure earnings and sales growth remained balanced, its chief executive told investors on a call after the food group posted better-than-expected results for the first half of 2020.

“Over several years, what I would want to ensure is that combined with our internal growth, our earnings, earnings per share and dividend growth story doesn’t get interrupted,” Mark Schneider told investors on Thursday.

“So this is something where I sort of broadly watch that we’re in balance,” he said.

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