The deal ends preliminary probes into the use of wells without authorization and fraud for filtering its mineral waters, a practice that is illegal in France where mineral waters are supposed to be natural.
The deal ends preliminary probes into the use of wells without authorization and fraud for filtering its mineral waters, a practice that is illegal in France where mineral waters are supposed to be natural.
Wow! That will hurt them a lot! It’s almost 0.0565% of their 2023 revenue in France.
I agree with your take on many levels. Maybe the percentage looks like it’s a quite higher than 0.05% [Nestlé reports full-year results for 2023], but still not enough to really hurt them. I also agree with what is mentioned at the end of the article: