Swiss food giant Nestle has anticipated stable growth in sales volumes from the second quarter onwards, as cost inflation eases, according to CEO Markus Schneider.
In an interview with Swiss weekend paper “Schweiz am Wochenende” on Saturday, Schneider expressed confidence that the company has overcome challenges posed by cost inflation and lower sales volumes due to marked-up prices.
“From the second quarter and for the rest of the year, we can expect a stable, positive contribution to growth from volume and product mix,” Schneider said
This optimistic outlook came after Nestle reported a 5.9% decline in sales in the first quarter, although sales rose 1.4% when adjusted for currency swings. The company had forecast currency-adjusted 2024 sales growth of 4% in April.
Nestle, the maker of popular brands such as Nespresso, KitKat, and Perrier, is poised to benefit from easing cost inflation and stabilising sales volumes, paving the way for stable growth in the remainder of the year.
<img src="https://www.mtlblog.com/media-library/snowstorm-in-montreal-bikes-covered-in-snow.jpg?id=56263138&width=1200&height=800&coordinates=132%2C0%2C132%2C0"/><br/><br/><p>Get your shovel out, Montreal. Quebec's February forecast promised a lot more snow than last month. And it seems to be coming right on schedule. </p><p>As a winter storm passes through the region, Environment Canada has issued <a href="https://weather.gc.ca/en/location/index.html?coords=45.529,-73.562" target="_blank">weather advisories</a> for several areas in southern Quebec, including Greater Montreal.</p><p>Starting around midday on February 6 and lasting into the evening, 5 to 15 cm of snow is expected to hit parts of Montreal, Outaouais, Laurentians, Estrie, Lanaudière, and other parts of the province.</p><p>Fast accumulations of 5 to 10 cm— or more in some spots — could lead to reduced visibility and tricky road conditions. The snow will come down hardest during lunch and early afternoon, making the evening commute a potential headache. Environment Canada warns that it's essential to adjust your driving to changing conditions:</p><p>"Be prepared to adjust your driving with changing road conditions. Slow down driving in slippery conditions. Watch for taillights ahead and maintain a safe following distance."</p><p><span></span>To top it off, strong wind gusts may stir up some blowing snow, adding even more chaos to the mix. Basically, if you can avoid hitting the roads later today, it's a great excuse to stay cozy inside.</p><p>Days like this could become more common as the month rolls along. According to <a href="https://www.meteomedia.com/fr/nouvelles/meteo/previsions/un-changement-de-regime-guette-le-quebec-en-fevrier" target="_blank">meteorologist Réjean Ouimet</a>, a mass of Arctic air over western Quebec is about to clash with a wave of warmer air — creating the perfect recipe for some <a href="https://www.mtlblog.com/quebec-weather-february-2025" target="_blank">wild weather</a> throughout the province.</p><p>"So far, the misalignment of air masses has kept major storms away, but that's about to change," Ouimet wrote in a <a href="https://www.meteomedia.com/fr/nouvelles/meteo/previsions/un-changement-de-regime-guette-le-quebec-en-fevrier" target="_blank">MétéoMédia report</a> on January 30.</p><p>Looking ahead, the <a href="https://www.mtlblog.com/quebec-weather-spring-forecast-2025" target="_blank">Farmers' Almanac</a> is calling for a chillier-than-average spring across much of southern Quebec, with plenty of rain in April — and even a few surprise snowfalls late in the season. But no need to panic as those flurries should quickly give way to rain as the temperatures climb. </p><em>Love this? Check out our <a href="https://www.mtlblog.com/notices/" target="_blank">MTL Blog noticeboard</a> for details on jobs, benefits, travel info and more!</em>
<em>AI tools may have been used to support the creation or distribution of this content; however, it has been carefully edited and fact-checked by a member of MTL Blog's Editorial team. For more information on our use of AI, please visit our <a href="https://www.mtlblog.com/editorial-standards" target="_blank">Editorial Standards page</a>.</em>
<img src="https://www.mtlblog.com/media-library/canadian-prime-minister-justin-trudeau-and-u-s-president-elect-donald-trump.jpg?id=54270604&width=1200&height=400&coordinates=0%2C350%2C0%2C350"/><br/><br/><p>With Donald Trump set to return to the White House for a second term next year following the results of Tuesday's U.S. election, his victory has <a href="https://www.narcity.com/trump-victory-us-election-how-canadians-are-responding" target="_blank" rel="noopener">sparked reactions</a> from many politicians and public figures around the world, including Canadian Prime Minister Justin Trudeau. </p><p>The Canadian PM shared his first reaction to the news early Wednesday morning, striking a diplomatic tone. At 7:12 a.m. ET, Trudeau took to X (formerly Twitter) to congratulate Trump on his victory in last night's 2024 U.S. presidential election. </p><p>In his tweet, Trudeau emphasized the "friendship between Canada and the U.S.," a relationship he described as "the envy of the world." He expressed confidence that he and Trump will work together to foster "opportunity, prosperity, and security" for both countries.</p><blockquote class="rm-embed twitter-tweet" data-partner="rebelmouse" data-twitter-tweet-id="1854134862921314380">
<div style="margin:1em 0"></div> — (@) <a href="https://twitter.com/JustinTrudeau/status/1854134862921314380"></a>
</blockquote>
<script async="" charset="utf-8" src="https://platform.twitter.com/widgets.js"></script><p>The Prime Minister's office also released <a href="https://www.pm.gc.ca/en/news/statements/2024/11/06/statement-prime-minister-result-united-states-presidential-election" target="_blank" rel="noopener">an official statement</a> Wednesday morning that expanded on this sentiment, calling the countries' relationship "the world's most successful partnership." The statement highlighted the strength of Canada-U.S. relations, noting that the two countries have "a shared history, common values, and steadfast ties" that unite them beyond politics. </p><p>The PM recalled some shared victories from Trump's first term as U.S. president, including the successful renegotiation of the Canada-U.S.-Mexico Agreement (CUSMA), which Trudeau says "has created thousands of good-paying jobs and has brought investment and opportunity to our communities."</p><p>"We look forward to working with President-elect Trump and his administration," the statement concluded, pointing to priorities like trade, investment and "continental peace and security" as key areas for ongoing collaboration.</p><p><em>Love this? Check out our <a href="https://www.mtlblog.com/notices/" target="_blank" rel="noopener">MTL Blog noticeboard</a> for details on jobs, benefits, travel info and more!</em></p><p><em>AI tools may have been used to support the creation or distribution of this content; however, it has been carefully edited and fact-checked by a member of MTL Blog's Editorial team. For more information on our use of AI, please visit our <a href="https://www.mtlblog.com/editorial-standards" target="_blank" rel="noopener">Editorial Standards page</a>.</em></p>
