Item 1 of 2 A view of the logo during the Annual General Meeting of Nestle in Ecublens near Lausanne, Switzerland, April 18, 2024. REUTERS\/Denis Balibouse<\/p>\n
[1\/2]A view of the logo during the Annual General Meeting of Nestle in Ecublens near Lausanne, Switzerland, April 18, 2024. REUTERS\/Denis Balibouse Purchase Licensing Rights, opens new tab<\/a>ZURICH, April 15 (Reuters) – Swiss food giant Nestle (NESN.S), opens new tab<\/a> must grow its \u200bsales volumes again, Chairman Pablo \u200cIsla was quoted as saying in an interview on Wednesday, \u200breferring to an adjusted \u200bproduct portfolio and a stronger \u2060performance culture.<\/p>\n “The key is \u200bto consistently deliver volume growth – \u200bquarter after quarter, year after year. Then the share price will follow,” \u200bIsla told Swiss paper \u200bNeue Zurcher Zeitung.<\/p>\n Sign up here.<\/a><\/p>\n The company aims to \u200cbring \u2060its leverage ratio back to the midpoint of its target range of two to \u200bthree times \u200boperating \u2060profit, he added, reiterating a plan to \u200bsell parts of Nestle’s \u200bwater \u2060business.<\/p>\n Isla became chairman in October, instilling hope in investors \u2060for \u200ba fresh start<\/a> after \u200ba scandal toppled Nestle’s CEO.<\/p>\n Reporting by Ariane \u200bLuthi, Editing by Miranda Murray<\/p>\n Our Standards: The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n