Buzz & Beyond: Money saving
Published: Feb, 13 2025 17:01
MILLIONS of chocolate lovers have been warned of price rises for an iconic bar. Nestle has blamed a rise in costs for both cocoa and coffee as it today warned of having to pass on the increase to shoppers. It comes despite Nestle today announcing it had achieved better than expected sales growth. However, the full-year results also detailed how profit margins would be narrower this year. The brand cited potential increases to its Nescafe coffee and KitKats, both of which are already at record-high prices.