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Corporate
Nestle having a difficult time in Poland and Russia
Nestle has reported strong performances in Ukraine and Romania and in the Adriatic region although trading conditions remain tough in Russia and Poland.
The company says that innovation continues to drive its European growth with a major contribution from brands like Nescafé Dolce Gusto, Nescafé Sensazione in soluble coffee and Herta in chilled culinary. The Juicy range of spice-filled roasting bags continued to be a strong contributor for Maggi in culinary. Growth in Popularly Positioned Products (PPPs) was more than twice the level of that achieved in Europe as whole.
In petcare Felix did well, particularly the successful rollout into Central and Eastern Europe.
