Nestle expects 2017 margin to decline on higher restructuring costs
October 19, 2017 at 01:35 AM EDT
ZURICH (Reuters) - Food group Nestle said it expected its operating margin to slip by 40 to 60 basis points in 2017 due to higher restructuring costs and said full-year organic sales growth should be in line with the 2.6 percent seen in the first nine months. Its underlying margin was set to improve.
