Nestle to sail through tough period, says CIMB Research


KUALA LUMPUR: CIMB Equities Research expects consumer spending to be weak in 2015 but Nestle Malaysia should be able to sail through the tough period, given its large market share and strong brand name.

The research house said Nestle’s decent dividend yield of more than 3% and strong fundamentals should help to support its share price.

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