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Forget Unilever, this European consumer giant is the fastest growing in the sector

12/09/2019 · Nestle SA (NESN) 

ESG Europe Shares

Nestle Good Food Good Life slogan in front of headquarters

The consumer goods giant has invested heavily in products which suit the demands of the modern consumer – health and environment consciousness is key. That strategy is clearly playing out well with investors who have sent the share price up strongly this year. Will this be justified by solid growth rates?

There’s a burgeoning revolution in consumer trends. Years of campaigning from the likes of Leonardo DiCaprio and David Attenborough have been trumped by the efforts of 16-year-old Greta Thunberg. In 2019, more of us than ever are changing our behaviour for the good of the environment.

That includes diet. UN data claiming agriculture contributes as much to global warming as the entire transportation sector has helped promote the attractions of veganism. Meanwhile plastic packaging, takeaway…

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