Nestle Announces Low First-Half Sales Growth As Indian High Court Lifts Maggi Ban

Nestle SA on Thursday announced lower revenue growth in the first half of 2015 compared to last year, beating analyst estimates who had taken a pessimistic view following the recall of the company's Maggi brand of instant noodles in India, one of the Swiss company's biggest markets. The fall in sales growth was also attributed to the high value of the Swiss franc.

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