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flag Nestlé revises 2024 revenue growth outlook to 2%, citing weakened consumer demand and rising prices.

flag Nestlé has revised its revenue outlook for 2024, projecting organic sales growth of about 2%, down from earlier estimates. flag The company cites weakened consumer demand and rising prices as key factors. flag New CEO Laurent Freixe plans to focus on innovation and marketing to regain market share and investor confidence. flag Additionally, organizational changes will take effect in January 2025, merging North and Latin America into Zone Americas to streamline operations.

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