The company said, “Nestle (NSRGY) operates across the Middle East, and the region accounts for approximately 3% of Group sales. Our priority at this time is to ensure the safety and well-being of our employees. Our factories in the region are continuing to operate, and our teams are focused on ensuring supply of essential products to consumers. The broader effects on the Group, including from impacts on commodity prices, distribution costs and consumer confidence, remain uncertain.”
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