Kit Kat did well, but Nestlé sales grew at their slowest rate in a decade and prices may rise in Britain as a result of the falling pound DENIS BALIBOUSE/REUTERSNestlé, the maker of Kit Kat and Maggi noodles, has cut its forecast for sales growth this year as it struggles with competition and said it could increase its prices in the UK. The Swiss food company said it now expected full-year organic sales growth of 3.5 per cent, which is down from its previous guidance of a 4.2 per cent rise. Sales growth in the first nine months was 3.3 per cent, with total sales rising to SFr65.51 billion (£53 billion) from SFr64.9 billion in the same period last year. This was the slowest growth in a decade and…

Source: The Times October 20, 2016 08:04 UTC