Nestle SA $NSRGY, the renowned producer of Nespresso coffee and KitKat chocolate bars, has announced plans to accelerate sales growth as current levels are historically low. In the context of rising raw material prices, Nestle intends to increase prices on its products while simultaneously optimizing costs.

Nestle $NESN.SW, a prominent player in the packaged foods industry, has announced plans to invest $1 billion in Mexico over the next three years. This substantial investment aims to expand the company's production capabilities and enhance the efficiency of various product categories.